Korea National Oil Company (KNOC) is trying to sell 30% of North Sea subsidiary Dana Petroleum, a news report said.
Oil firm Dana Petroleum confirmed yesterday that its chief executive had retired from the role.
An oil field in the central North Sea has resumed production seven years after a leak forced its shutdown.
Oil field services giant Subsea 7 has won a three-year contract extension with seven North Sea clients.
Dana Petroleum said today that it is rectifying an issue flagged by health and safety watchdogs on the Triton FPSO.
Shell’s decision to go after gas from the Arran field gave the UK North Sea its 11th project sanction of 2018.
Energy giant Shell said yesterday it had sanctioned the development of the Arran gas field in the central North Sea.
Dana Petroleum is celebrating a milestone for its Western Isles project as it has offloaded its first 10million barrels of oil.
More favourable foreign exchange rates and higher oil prices returned Aberdeen-headquartered Dana Petroleum to the black in 2017.
RockRose Energy's acquisition of Dana Petroleum's entire stake in the Arran development for a "nominal consideration" is a "very good" move, an analyst has said.
Oil firm RockRose Energy has struck a deal to buy Dana Petroleum’s entire stake in a central North Sea field development project.
Belgian helicopter group NHV has won a new, long-term contract to provide North Sea transport services for Dana Petroleum.
Maersk Drilling has been awarded three consecutive contracts for its jack-up rig Maersk Resolute in the Dutch sector of the North Sea.
Energy service giant Subsea 7 said renewables contracts had helped the company lift its revenues in 2017.
Energy logistics company Peterson said yesterday that it intends to expand a new, cost-saving, central and northern North Sea (CNNS) vessel pool scheme to include more partners.
Dana Petroleum has confirmed the long-awaited arrival of first oil from the £1.5billion ($2billion) Western Isles development in the UK North Sea.
Premier Oil boss Tony Durrant said yesterday the North Sea operator was “ahead of plans” to restore its financial health after notching up record first-half production levels.
Oil producer EnQuest said yesterday it had struck an agreement with Dana Petroleum on the Eagle discovery in the central North Sea.
EnQuest said today that Dana Petroleum had "confirmed its intention" to exit the Eagle discovery in the central North Sea.
Work on the Beatrice wind farm project in the outer Moray Firth helped Subsea 7 to a small upturn in profits in the second quarter of 2017.
North Sea oil and gas firm Dana Petroleum made further progress towards a return to the black during 2016 as it adopted a “less risky exploration strategy”.
Dana Petroleum’s chief financial officer has left the Aberdeen-based operator six years after joining.
North Sea operator EnQuest has asked for permission to put a new water injection pipeline in the Greater Kittiwake Area (GKA).
Dana Petroleum has partially suspended production on a North Sea installation after a gas leak was detected.
Dana Petroleum’s long-awaited Western Isles FPSO has been completed at a shipyard in China.