Western Isles Project

Nov. 22, 2017

In December 2012, the development plan for the newly discovered Harris and Barra oil fields in adjacent Block, Southwest of Hudson (Western Isles Development Project, "WIDP") was approved by the Department of Energy & Climate Change ("DECC"). WIDP has been developed using subsea wells system tied back to a new build Sevan type FPSO (Floating Production, Storage and Offloading) to start oil production in November 2017. It is CIECO’s second end to end exploration and production project. The equity ownership of Dana Petroleum and CIECO E&P UK is 76.91884% and 23.08116%, respectively.