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Dana Petroleum

 

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(As of June, 2017)

Phase Block Operator Reporting to Gov. Korea’s Share (%) KNOC’s Share (%) Korean Participants
Exploration Development Production Dana Dana Jan. 2011 100 100 -

 

KNOC took over UK-based Dana Petroleum in 2010, the first hostile purchase of a foreign company by any Korean firm. With its exploration, development, and production operations in the UK and three other countries, Dana now produces around 40,000 barrels of oil and gas per day and its total reserves reach 153 million barrels. The takeover provided KNOC an opportunity to broaden its operations from the Americas and the former Soviet Union area to the North Sea and Africa.
 
Department Contacts Updated
Updated : 2017-06-30 Department : Middle East/Europe Business Dept. Contacts : +82)52-216-3367

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