HISTORY

Dana Petroleum was formed in 1994 to exploit opportunities in the UK North Sea. Today we’re a $3 billion oil and gas business with operations in the UK, Egypt, Norway, the Netherlands and Africa.


2012
The $1.6 billion Western Isles Development gets the green light.

2012
On 3 September, Dana’s new global headquarters were opened by Scotland’s First Minister, the Rt Hon Alex Salmond MSP.

2012
The Government of Cameroon awards Dana a production sharing contract (PSC) for the Bakassi West block in Cameroon.

2012
Dana acquires Triton area assets in the North Sea from Amerada Hess.

2011
Dana acquires Guillemot area and Scott field assets in the North Sea from Petro-Canada UK and becomes operator of the Guillemot subsea assets.

2010

Korea National Oil Corporation (KNOC) acquires Dana.


2010

Dana acquires Petro-Canada Netherlands B.V.


2009
Dana secures additional production, development and exploration assets through the acquisition of Bow Valley Energy.

2008
Dana makes the Rinnes oil discovery in the North Sea (now known as the Western Isles discovery).

2007
Dana acquires Ener Petroleum in Norway.


2007
Dana acquires Devon Energy’s interests in Egypt.


2006
Dana achieves first production from the Goosander field in the North Sea.

2005
Dana swaps assets with Amerada Hess, exchanging interests in the Ujang Pangkah field in Indonesia with Hess’ interests in the Hudson field. This deal increased Dana’s equity in Hudson to 47.5% and gave us our first UK production operatorship.

2004
Dana acquires Hess’ remaining interest in the Barbara discovery.

2003
Dana and Venture Production jointly acquire the Kittiwake Area assets in the North Sea from Shell and Esso.

2002
The Barbara discovery well in the North Sea is drilled.


2002
Dana acquires a number of North Sea assets from Agip, including a 19.5% interest in the Hudson field, a 12.4% interest in the Banff field and a 19% interest in the Otter development.

1999
Dana acquires the remaining UK upstream assets of DSM Energy, which includes a 7.52% interest in the Claymore field in the North Sea.

1998
Dana participates in two key exploration discoveries – the Goosander field in the North Sea and the Ujang Pangkah field in Indonesia.

1997
Dana acquires Seafield Resources.


1997
Dana acquires Petroceltic, which has interest in the Kinsale Head gas field in Ireland, and a 50% interest in the Western Tano exploration block in Ghana.

1994
Dana Petroleum is established.