Flexible Friend

November 10, 2012

flexible

Dana Petroleum (E&P) last month took over the operatorship of the Triton FPSO from Hess in a move that according to Dana's UK MD Paul Griffin 'underlines our strategy to move from largely non-operated activities to full-operated field management on the UKCS '. Dana also acquired Hess' 28.28% stake in the Bittern field, increasing its stake to 33%.

'We believe flexible, mobile export solutions are the way forward and with our experience of operated assets in the Netherlands, Egypt and subsea assets in the UK, we have the capability and skills to succeed,' added Griffin. The FPSO produces oil and gas from the Bittern, Guillemot West and North West, Clapham, Pict and Saxon fields in the central North Sea.



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