1994
In business since 1994 |
$4bn
A $4 billion international oil and gas exploration and production company
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60,000
Average daily production of 60,000 barrels of oil and gas per day
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47
Interests in 47 producing fields
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44
44 operated licenses
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104
Equity in 104 non-operated fields
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- 39 exploration wells drilled during 2009 and 2010
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- revenue of $953 million in 2011 – a 50% increase on 2010
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- operating in eight countries (UK, Norway, Egypt, the Netherlands, Morocco, Mauritania, Guinea, Cameroon)
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 Headquartered in Aberdeen, UK
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- investing >$5 billion between 2012-2016 to double size of business to 100,000 barrels of oil and gas per day
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- strategy to double production to >100,000 barrels of oil and gas per day by 2016
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 520 employees worldwide
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- 70% of operations are currently in the North Sea
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- 20 operated and 35 non-operated licenses in the North Sea
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- operating nine offshore production and exploration licenses and has interests in 17 non-operated production and exploration licenses in the Netherlands
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- operates three of its 25 exploration licences in Norway
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 Dana’s portfolio in Egypt includes 13 fields currently producing around 12,000 barrels of oil per day
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- a 23% interest in one of the largest exploration licences in West Africa
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- drilled 35 wells in 2011, of which 12 were exploration wells
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- plan to drill 47 wells in 2012 – exploration, appraisal, production and development
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- as 77% equity holder, Dana will operate a new build Floating Production Storage and Offloading vessel (FPSO) on the Western Isles Development Project in the UK sector
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 the Dana-operated Hanze platform in the Dutch sector achieved 10 years with zero Lost Time Incidents (LTIs)
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- acquired by the Korea National Oil Corporation (KNOC) in 2010
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- Dana accounts for 25% of KNOC’s overall production
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- reserves of 244 million barrels
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- production in 2011 increased by 30% from 40,000 boepd in 2010 to 56,000
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