The Sharjah-based company said that it was taking the legal action at the London Court of International Arbitration (LICA) along with its partners in the Pearl Petroleum Consortium.  

Dana Gas and compatriot Crescent Petroleum each hold a 40% interest in Pearl Petroleum, with Austria’s OMV and Hungary’s MOL holding 10% each.

Dana Gas said the case was being taken “in order to clarify certain contractual rights...