Dana Petroleum Ltd - Company Profile
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Dana Petroleum Ltd (Dana), is a subsidiary of Korea National Oil Corp (KNOC), is engaged in the exploration, production, and development of oil and gas resources. The company's main activities include operating and managing oil and gas fields, as well as overseeing decommissioning and exploration projects. Dana's major products are oil and gas, which are extracted from various fields in the North Sea and other regions. Its portfolio in the UK includes interests in oil and gas fields and exploration licenses in the Northern, Central and Southern North Seas. Its UK assets include Triton FPSO and Tolmount. Its Netherlands assets include interests in the De Ruyter, and Hanze oil and gas fields. In Egypt, the company holds upstream interests in the Gulf of Suez and the Western Desert. Dana is headquartered in Aberdeen, UK.
Headquarters
United Kingdom
Address
King's Close, 62 Huntly Street, Aberdeen, Scotland, AB101RS
Website
www.dana-petroleum.com
Telephone
44 1224 616000
No of Employees
253
Industry
Energy and Utilities
Revenue (2024)
$905.9M
Dana Petroleum Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Condensate |
| Crude Oil |
| Natural Gas |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Others | In March, the company canceled its agreement with NEO Energy related to the proposed acquisition of the Western Isles floating production, storage, and offloading (FPSO) vessel. |
| 2024 | Acquisitions/Mergers/Takeovers | In February, the company acquired a 25% Stake in Selene Farm-Out from Deltic Energy. |
| 2023 | Asset Disposal | In November, the company sold the Western Isles floating production, storage, and offloading (FPSO) vessel to NEO Energy Group Ltd. |
Competitor Comparison
| Key Parameters | Dana Petroleum Ltd | Equinor ASA | EET Fuels | Harbour Energy PLC | Tullow Oil Plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | Norway | United Kingdom | United Kingdom | United Kingdom |
| City | Aberdeen | Stavanger | Ellesmere Port | London | London |
| State/Province | Scotland | Telemark | England | England | England |
| No. of Employees | 253 | 25,155 | 1,041 | 2,159 | 402 |
| Entity Type | Private | Public | Private | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Wonjun Kwak | Chairman | Executive Board | 2024 | 61 |
| Jongweon Choi | Director; Chief Executive Officer | Executive Board | 2024 | 56 |
| Ewan Wildgoose | Director; Chief Financial Officer | Executive Board | 2022 | 57 |
| Brian Rodger | Chief Operating Officer; Director | Executive Board | 2023 | 59 |
| Bongki Son | Director - Strategy and Technology\ | Executive Board | 2024 | 50 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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