Search results for: Dana

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  • 8 September 2010
    Business & Finance

    The Board of Dana (the “Board”) is today posting a circular to Shareholders setting out the valuation of Dana based on an Independent Expert’s asset valuations. The Independent Expert’s Report supports the Board’s view that the offer made by Korea National Oil Corporation (“KNOC”) for all the issued and to be issued shares of Dana […]

  • 23 February 2012
    Business & Finance

    Dana Petroleum plc (‘Dana’), a subsidiary of Korea’s KNOChas reached an agreement with Hess Corporation  to acquire Hess’ 28.3% interest in the Bittern field, increasing Dana’s share to 33%. As a result of the transaction Hess will resign the affiliated operatorship of the Triton floating production, storage and offloading (FPSO) vessel and Dana has indicated […]

  • 1 October 2012
    Business & Finance

    Today, (Monday 1 October 2012), Dana Petroleum (E&P) Limited, a wholly owned subsidiary of Dana Petroleum plc (Dana) takes over the operatorship of the Triton floating production storage and offloading vessel (FPSO) from Hess and Dana acquires Hess’ 28.28% stake in the Bittern field, increasing Dana’s share in the field to 33%. Paul Griffin, Dana’s […]

  • 1 October 2012
    Business & Finance

    Today Dana Petroleum (E&P) Limited, a wholly owned subsidiary of Dana Petroleum plc (Dana) takes over the operatorship of the Triton floating production storage and offloading vessel (FPSO) from Hess and Dana acquires Hess’ 28.28% stake in the Bittern field, increasing Dana’s share in the field to 33%. Paul Griffin, Dana’s UK Managing Director, said, […]

  • 16 July 2010
    Project & Tenders

    Dana Petroleum is pleased to provide an update on its exploration programme and drilling activities. Current Drilling On 14 July 2010, Dana announced its successful appraisal well at the Blackbird oil field in the UK Central North Sea. This well will be completed and flow tested shortly, and is the first of 10 exploration and […]

  • 21 July 2010
    Business & Finance

    Dana Petroleum  announces that it has signed an agreement with BG International Limited (“BG”) to acquire a 50% interest in the El Manzala Offshore Area Concession, located in the Mediterranean Sea, offshore Egypt. The deal is subject to normal regulatory approvals. The El Manzala Offshore Area Concession is a large PSC area, covering some 630 […]

  • 30 October 2012

      Dana Petroleum plc (“Dana”) has secured a further 22 blocks and partial blocks over seven areas in the North Sea in the UKCS 27th licencing round. Of the awarded blocks, Dana is operator of block 13/23d (Dana 100%) in the Inner Moray Firth (IMF) which is located immediately west of the Blake Field. This […]

  • 1 October 2012
    Business & Finance

    Today, Dana Petroleum (E&P) Limited, a wholly owned subsidiary of Dana Petroleum plc (Dana) takes over the operatorship of the Triton floating production storage and offloading vessel (FPSO) from Hess and Dana acquires Hess’ 28.28% stake in the Bittern field, increasing Dana’s share in the field to 33%. Paul Griffin, Dana’s UK Managing Director, said, […]

  • 16 December 2013

    Dana Petroleum has acquired equity in two licences in the Danish and German sectors of the Southern North Sea.   Dana will acquire 40 per cent equity and operatorship of the Danish 12/06 licence and 56 per cent equity and an option for operatorship of the German B20008-73 licence from PA Resources (PAR) UK Ltd. […]

  • 23 September 2010
    Business & Finance

    Dana is delighted to announce that the Medway integrated oil and gas development, operated by Dana Petroleum Netherlands, has received project sanction. First production from Medway is expected in Q4 2011. The project is initially expected to add an average of 4,100 barrels of oil equivalent per day net to Dana in 2012, with production […]

  • 1 July 2020
    Business & Finance, Business developments & projects, Infrastructure, IT & Software, Technology

    Technology and data intelligence specialist Imrandd has secured a two-year contract extension with Dana Petroleum for the provision of integrity services for all of its UK operated assets.

  • 10 April 2014
    Business & Finance, Equipment

    Dana Petroleum has announced that the company has chosen Palantir Solutions to deliver an integrated, dynamic planning solutions. Palantir Solutions has provided Dana Petroleum with software solutions and consulting services since 2003. This new software contract will see Palantir providing Dana with a complete Integrated Dynamic Planning Solution that will include three of Palantir’s market […]

  • 2 June 2015

    Dana Gas said it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt, which was awarded to BP and Dana in the EGAS 2014 International Bid Round.

  • 11 January 2016
    Business & Finance

    Hyperdynamics, an independent oil company with an offshore block in Guinea, Africa, has filed legal actions against its partners under the Joint Operating Agreement governing the oil and gas exploration rights offshore Guinea. The company’s subsidiary, SCS Corporation, has filed parallel actions in the United States District Court for the Southern District of Texas and before […]

  • 28 February 2013

    Aberdeen-based Dana Petroleum has commenced drilling operations in the Moray Firth area of the North Sea close to the Captain field. Dana is drilling an operated well targeting the Magnolia prospect in block 13/23a, which comprises early Cretaceous sandstones. Dana’s UK Managing Director Paul Griffin said: “Magnolia is a significant milestone in Dana’s UK exploration […]

  • 20 July 2017
    Business & Finance, Equipment

    United Arab Emirates-based natural gas company, Dana Gas, has decided to use AGR software for deep water exploration in Egypt. AGR said on Wednesday that the company’s software team signed a software as a service contract with Dana Gas PJSC to supply the latest version of its P1 software. According to the software company, the […]

  • 9 September 2010
    Business & Finance

    Dana  announced that the Company (through its subsidiary Dana Petroleum (E&P) Limited) has entered into an agreement with Petro-Canada UK Limited (“Petro-Canada UK”), a wholly owned subsidiary of Suncor Energy Inc. (“Suncor”), to acquire Petro-Canada UK’s interests in certain UK assets (the “PCUK Assets”) for a cash consideration of £240 million (approximately $372 million) (the […]

  • 9 January 2012
    Business & Finance

    Dana Petroleum plc (“Dana”) in a 50/50 partnership with Sorgenia E&P (UK) Ltd has secured blocks 42/27, 47/2b (split) and 47/3g (split) in the UK Southern North Sea, in the final stage of the 26th round of UK offshore licensing. Dana will be the operator of the blocks and the work obligations comprise a reprocessing […]

  • 2 June 2015

    Dana Gas said it has completed an agreement with BP, whereby BP will carry Dana Gas for the drilling of a first exploration well in the El Matariya onshore Concession Area, Nile Delta in Egypt, which was awarded to BP and Dana in the EGAS 2014 International Bid Round.

  • 22 September 2010

    Dana Petroleum plc is pleased to report that the Dana operated Cormoran-1 exploration well has begun drilling offshore Mauritania, West Africa, just 2 kilometres southeast of Dana’s existing Pelican-1 discovery. The conductor has been run and Dana has already drilled the 26 inch hole section down to approximately 2,226 metres. The current operation is preparing […]

  • 2 March 2012
    Business & Finance

    Dana Petroleum plc announces that Zeitco, its joint venture with the Egyptian General Petroleum Company (EGPC), has successfully completed its first well of 2012, A12Z on the East Zeit field ,located in the Red Sea. The well was drilled with the new-build Sino Tharwa jack-up rig Bahari 1 (Friede & Goldman F&G JU2000E design), after […]

  • 27 January 2017
    Project & Tenders

    Dana Petroleum, a UK North Sea operator, is working on bringing online its Western Isles development in 2017. The project has experienced delays after Dana in 2015 made changes to technical requirements for the FPSO planned for deployment at its North Sea fields. The FPSO of Sevan’s cylindrical design, built by Cosco in China, was […]