FPSO hull launch marks more than one million hours incident free on Dana’s Western Isles Project
Dana Petroleum has recently celebrated a milestone achievement on its flagship Western Isles Development Project (WIDP) with the hull launch of the floating production, storage offloading vessel (FPSO) in China.
The project achieved more than 1.5 million man hours incident-free during construction at the COSCO shipyard in Qidong, China, where the FPSO is being built. The hull launch marked the end of a year of major construction work.
Hugh McClure, Director of Capital Development Projects, said: “Significant progress has been made on the project in just over 12 months. I look forward to meeting our 2014 milestones and delivering on our commitments.”
UK Managing Director Paul Griffin said: “Western Isles is a key project for our future growth ambitions as we aim to significantly grow our production. The safe and successful launch of the FPSO hull stands us in good stead for the year ahead.”
The Western Isles Development Project (Dana 77% and Cieco 23%) will develop two oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of Tern field. It involves a subsea development of at least five production and four water injection wells plus two exploration wells tied back to a new build floating production, storage and offloading vessel (FPSO) with oil export using shuttle tankers.
Watch Dana’s latest Western Isles update film
About Dana Petroleum plc
Dana Petroleum plc, a wholly owned subsidiary of the Korea National Oil Corporation (KNOC), is an international oil and gas business with operations in the UK, Egypt, Norway, the Netherlands and Africa, producing 50,000 barrels of oil a day. Dana’s ambition is to become a leading international oil and gas company operating in Europe, Africa and the Middle East and aims to grow production significantly by investing around $1 billion a year to increase the size of the company and create value for our shareholder.
About the Western Isles Project
The Western Isles Project (Dana 77% and Cieco 23%) will develop two oil fields called Harris and Barra in the Northern North Sea, 160km east of the Shetlands and 12km west of Tern field. It involves a subsea development of at least five production and four water injection wells plus two exploration wells tied back to a new build floating production, storage and offloading vessel (FPSO) with oil export using shuttle tankers.
Following the FPSO keel laying ceremony in May 2013, top hole drilling began on the North Drill Centre in August 2013 and was completed within 67 days using the Ocean Nomad semisubmersible rig, leased from Diamond Drilling. A total of four subsea trees have now been successfully installed on the seabed and this summer, 2014, the gas export pipeline will be installed. FPSO installation summer 2015. First oil is expected in 2015 and the estimated field life is 15 years.
For further information contact:
Director of Corporate Affairs and Business Support
+ 44 (0)1224 616100
Group Corporate Communications Manager
+ 44 (0)1224 616100
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