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  • Dana Petroleum announces first oil from Western Isles
    édité le 21/11/2017 - Plus de news de "DANA PETROLEUM" - Voir la fiche entreprise de "DANA PETROLEUM"


Dana Petroleum announces first oil from Western Isles
Dana Petroleum announced first oil from its Western Isles development in the UK North Sea.

Production started on 15 November and has continued steadily and in line with our expectations.

Western Isles (Dana 77% and Cieco 23%) is now producing from the Harris and Barra oil fields in the Northern North Sea, 160km east of the Shetlands and 12km west of the Tern field.

With an investment of approximately $2 billion by the project partners, Western Isles is Dana’s largest ever project. The Western Isles development is expected to produce up to 44,000 barrels of oil equivalent a day when fully on production, adding over 30,000 barrels (net) to Dana’s daily production.

Dana Chief Executive Roy Elliot said: “The safe start-up of Western Isles is a proud moment and a great achievement for Dana and our owner the Korea National Oil Corporation – and it demonstrates our ongoing commitment to the North Sea.

“We thank all of our staff, contractors and project partners who have worked so hard to bring Western Isles to this point. We now look forward to many years of safe and reliable production.”

Brenda Wyllie, Northern North Sea Manager at the Oil and Gas Authority said: “The first oil milestone from the Western Isles Development is positive news and helps confirm the remaining potential of the UK Continental Shelf. Dana’s approach to intervention, when managing a complex and remote project, has seen them successfully achieve this goal. The OGA welcomes investment in a mature area of the North Sea and looks forward to more of these developments coming on stream and enabling MER UK.”

The Western Isles development consists of production and water injection wells tied back to a new build floating production, storage and offloading vessel (FPSO) with oil export using shuttle tankers.The cylindrical FPSO measures nearly 90m at its widest and weighs over 28,000 tonnes, with the capacity to produce 44,000 barrels of oil a day and store 400,000 barrels in its tanks.

About Dana Petroleum Limited

Dana Petroleum Limited is a wholly owned subsidiary of the Korea National Oil Corporation (KNOC). We are an international oil and gas business with operations in the UK, Egypt and the Netherlands producing an average of 50,000 barrels of oil a day.


Origine : Communiqué DANA PETROLEUM

Voir la fiche entreprise de "DANA PETROLEUM"



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