Aberdeen-based Dana Petroleum says that a £989million project to bring on stream twoUKoil fields which was given the go-ahead this week will produce over 200 jobs, and a significant amount of supply, engineering and construction work.
Earlier this week, the Department of Energy approved the Western Isles development of the Harris and Barra fields in the northernNorth Sea.
The nine-well scheme, around 100 miles east of Shetland, will use a new floating production vessel and is expected to have output of more than 40,000 barrels of oil equivalent a day when it comes into operation in 2015.
Marcus Richards, Dana’s chief executive, said: “The Western Isles project is at the heart of our growth strategy.
“We welcome the announcements by the Treasury this year to support oil and gas companies operating in theNorth Sea. This will help create a brighter future for the industry.”
John Hayes, theUKenergy minister, said: “I am delighted to announce the go-ahead for this project, which will bring jobs and create new opportunities forUKcompanies to compete for key parts of the work. Dana Petroleum has really demonstrated its commitment to the North Sea and, in doing so, is playing its part in helping to secure theUK’s future energy needs.”
Dana has a 77% stake in the Western Isles development. The project is expected to lead to up to 200 jobs, including about 20 additional posts at Dana inAberdeen.
Aberdeen-based Dana Petroleum says that a £989million project to bring on stream twoUKoil fields which was given the go-ahead this week will produce over 200 jobs, and a significant amount of supply, engineering and construction work.
Earlier this week, the Department of Energy approved the Western Isles development of the Harris and Barra fields in the northernNorth Sea.
The nine-well scheme, around 100 miles east of Shetland, will use a new floating production vessel and is expected to have output of more than 40,000 barrels of oil equivalent a day when it comes into operation in 2015.
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