Subsea7 has been awarded a sizable contract by Dana Petroleum (E&P) Limited for the Bittern field development. The contract, valued between $50 million and $150 million, is set to bolster operations in the Bittern oil and gas field, located about 190 km east of Aberdeen in the UK Central North Sea. This strategic development occurs […]
Deltic Energy Plc, an AIM-quoted investing company with a focus on high-impact exploration and appraisal in the Southern North Sea, is pleased to announce a farm-out agreement of a 25% interest in Licence P2437, which contains the Selene Prospect, to Dana Petroleum (E&P) Limited (“Dana”). This strategic move, coupled with the existing carry agreement with […]
Oilfield services company Petrofac has secured a contract to deliver well management services for the UK North Sea operated assets of Dana Petroleum. The new two-year contract extends the existing five-year partnership between the two companies. With an option for extension, the $60 million contract received by Petrofac will include providing outsourced well engineering services […]