The subsidiary of South Korea’sKNOC will, along with Japanese partner Cieco, own the unit, which will havestorage capacity of 400,000 barrels, making it larger than others currently operatingin the North Sea, a Dana executive said.
Danarevealed on Thursdaythat itwill use an FPSO on Western Isles, involving the development of the Harris andBarra oilfields, as it entered the detailed engineering design phase on the$1.5
