Summit farms out stake in K2 prospect to Dana Petroleum
Summit Exploration and Production has announced the farm-out of a 50% stake in the K2 gas prospect in the North Sea to Dana Petroleum.
Dana Petroleum
Bruce Dingwall: A strong leader who came to the fore during restless period for North Sea
The 1990s were a brutal time in the North Sea, with the oil & gas industry largely pre-occupied with trying to recover from the 1986 global price crash and culminating with the second crash, the slide for which began in 1997 and bottomed out late 1998/early 1999.
Global E&C brings in Banchory man to spearhead growth push
A Banchory man whose fingerprints are on several major North Sea projects has been hired by Global Engineering and Construction (E&C) to bolster the Granite City firm’s growth plans.
NEO Energy on the rise after losses on oil price and Western Isles impairment
NEO Energy has said it has “rapidly expanded” since the oil price crash brought it down to losses in its first full year of trading.
World first for Aberdeenshire’s Nevis Technology as it lands accreditation for helideck monitoring system
An Aberdeenshire offshore environmental monitoring company has become the first in the world to bag a leading industry accreditation.
‘Tremendous’ performance amid pandemic set up Tailwind for year of investment, with more to come
Bosses at Tailwind Energy said the North Sea oil firm’s “tremendous” performance during the Covid pandemic had set up a “year of investment” in 2021.
Ithaca gives the thumbs up for phase two of Captain enhanced recovery project
Ithaca Energy, of Aberdeen, has decided to forge ahead with a £400 million project to boost output from a UK North Sea oilfield.
Updated: Parkmead confirms agreement ‘in principle’ to become Platypus operator
Energy firm Parkmead Group confirmed today that it had “agreed in principle” to take over as operator of the Platypus project in the southern North Sea.
Tailwind eyes new pipeline to boost Gannet E output
UK oil and gas firm Tailwind Energy intends to install a second pipeline to increase production from the Gannet E field in the UK central North Sea.
EnQuest farms-down Eagle discovery to Hibiscus for $1
EnQuest has agreed to farm-down an 85% stake in its Eagle discovery in the North Sea to Anasuria Hibiscus for a “nominal” $1 fee.
Opex Group lands three-year data deal with Dana Petroleum
Opex Group has won a three-year contract, worth six-figures per year, to provide data analytics services for Dana Petroleum in the North Sea.
Premier Oil moves Tolmount East timeline
Premier Oil has pushed back the timeline for sanctioning its Tolmount East development in the North Sea.
KNOC seeks to sell part of Dana stake in Tolmount project: Report
KNOC is planning to sell 10% of subsidiary Dana Petroleum’s stake in the Tolmount project in the North Sea.
Exclusive: Frustration for suppliers as Dana decides to pull out of North Sea gas project
Dana Petroleum, of Aberdeen, intends to withdraw from a North Sea gas project which had been earmarked for an investment decision in the near term, it can be revealed.
Dana hands KenzFigee five-year North Sea maintenance deal
Dana Petroleum has awarded Dutch crane specialist KenzFigee a five-year maintenance contract for two North Sea production vessels.
Maersk Drilling says one-well contract terminated
Danish firm Maersk Drilling said today that Dana Petroleum Denmark had terminated a rig deal between the two firms.
Outages and impairments take £100m chunk out of Dana Petroleum profits
Unplanned outages and impairments took a £100 million bite out of Korean-owned Dana Petroleum’s profits last year, new documents show.
Well-fed microbes deliver big production boost at North Sea field
A pilot test of a pioneering microbial technology has delivered a production increase of more than 25,000 barrels at a UK North Sea oilfield.
Altera relocating ‘principal office’ to Aberdeenshire from Bermuda
Floating production vessel contractor Altera Infrastructure is relocating its headquarters from Bermuda to its premises in Westhill, near Aberdeen.
Tailwind Energy succeeds with new central North Sea well
UK North Sea oil firm Tailwind Energy is celebrating production from a new well on the Bittern field.
‘Big milestone’ for Premier Oil after Tolmount topside successfully installed
Premier Oil has welcomed a major milestone after the Tolmount platform was successfully installed in the early hours of this morning.
Ship held in Aberdeen harbour amid welfare concerns
A ship moored in Aberdeen harbour has been detained by authorities amid welfare concerns for the crew on board.
Premier Oil seeks another price cut for BP North Sea assets – report
Premier Oil is seeking another price cut for the North Sea assets it is buying from BP, according to a news report.
Premier Oil Tolmount platform heads for North Sea – video
Premier Oil has released images of the Tolmount platform and jacket setting off for the UK North Sea.
Dana Petroleum eyes two mature North Sea prospects after new blocks awarded
Dana Petroleum is understood to be targeting two mature UK North Sea prospects after securing several blocks in the most recent licensing round.