Scotland business

Dana Petroleum reports first oil from North Sea field

Oil rig
Image caption The new field will initially produce about 5,500 barrels of oil per day

Production has started at a recently discovered oil field in the UK Northern North Sea.

Aberdeen-based Dana Petroleum said Cormorant East would produce about 5,500 barrels of oil per day initially.

Dana has a 20% stake in the field, which was formerly known as the Contender prospect.

A Field Development Plan (FDP) for Cormorant East was approved by the Department of Energy and Climate Change last year.

Production will be processed at the Taqa-operated North Cormorant platform, before being sent to the Sullom Voe terminal for sale.

Taqa, which is an Abu Dhabi government-controlled energy company, has a 60% interest in the field.

Cormorant East's other participants include Dana (20%), Antrim Resources (8.4%), First Oil Expro (7.6%) and Granby Enterprises (4%).

Dana UK managing director Paul Griffin said: "We continue to invest in the North Sea by searching out new exploration and production opportunities.

"Cormorant East is a welcome addition to our portfolio of non-operated assets."

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