COSCO Shipyard Launches FPSO Hull for Dana Petroleum

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.

Dana Petroleum, February 17, 2014

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