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New Articles

Wednesday, 07 January, 2009, 21:20 GMT | more >>

Dana gets green light in Norway

By Upstream staff

British independent Dana Petroleum said today that the Norwegian Ministry of Petroleum and Energy has pre-qualified Dana’s subsidiary, Dana Petroleum Norway as an operator on the Norwegian Continental Shelf.

Dana Norway controls oil production from thr Jotun field and exploration activities across the Norwegian Shelf, where it currently holds six licence interests. At the end of last year, Dana Norway made two oil discoveries at Storskrymten with its first exploration well offshore Norway. Its second exploration well is currently being drilled, targeting the Bjorn prospect, and results from this well are expected during February.

The Dana Petroleum group is now producing oil and gas from a total of 30 fields, spanning the UK, Egypt, Norway and the Netherlands. Dana is actively exploring for new oil and gas reserves in each of these countries and expects to drill a total of 17 exploration wells worldwide this year. In addition, the group has exploration programmes underway in other African countries including Mauritania, Senegal and Morocco.

Dana is the largest shareholder in the independent oil company Faroe Petroleum, which is exploring offshore Norway, the UK, the Faroes and the Netherlands.