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Dana petroleum contract award

Thursday, March 6, 2014

TRAC have secured a contract to provide continuing offshore services for Dana Petroleum's UK North Sea assets.

TRAC Oil & Gas Ltd is pleased to announce they have secured a contract with Dana Petroleum for provision of inspection, maintenance and installation services onboard their North Sea assets including the Triton FPSO.

The contract is initially for two years, with the option to extend for a further two years. Ongoing inspection personnel and equipment will be provided with support from onshore Project Managers to cover the continuing inspection, maintenance and installation requirements.

Gordon Cook, Operations Director of TRAC Oil & Gas Ltd stated, 'Dana Petroleum, part of the Korea National Oil Company, has ambitious growth plans in the North Sea, and took over the ownership of the Triton FPSO in 2012.

Over the last 10 years, TRAC has had extensive experience working on this asset and with this recent contract award, look forward to assisting Dana in achieving their long term objectives. This reinforces our leading position in the UKCS market, and is testimony to the hard work and effort our staff has put in over the years.'

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» Dana Petroleum

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