DANA PETROLEUM (E&P) LIMITED
Company Information
- Company Number
- 02294746
- Registered Address
- 78 Cannon Street, London, England, EC4N 6AF
- Status
- Active
- Employee Count
- 54
- Turnover
- £735,487,000
- EBITDA
- £466,873,000
Additional Details
- Website
- https://dana-petroleum.com
- Company Type
- Private limited Company
- Incorporated On
- 12 September 1988
- Nature of Business
- 06100 - Extraction of crude petroleum
- Industries
- Property,Infrastructure And Construction
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 27 | 84% | 15% | 1% | 1% |
| 01 Jan 2024 - 30 Jun 2024 | 26 Jul 2024 | 27 | 86% | 13% | 1% | 0% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 27 | 90% | 9% | 1% | 0% |
| 01 Jan 2021 - 30 Jun 2021 | 28 Jul 2021 | 27 | 89% | 10% | 1% | 0% |
| 01 Jul 2020 - 31 Dec 2020 | 20 Jan 2021 | 27 | 89% | 9% | 2% | 1% |
| 01 Jul 2019 - 31 Dec 2019 | 29 Jan 2020 | 26 | 91% | 8% | 1% | 1% |
| 01 Jan 2019 - 30 Jun 2019 | 25 Jul 2019 | 27 | 87% | 11% | 2% | 0% |
| 01 Jan 2018 - 30 Jun 2018 | 25 Jul 2018 | 30 | 61% | 36% | 3% | 1% |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Dana Petroleum E&P Limited Standard Payment Terms are settlement 30 days from date of receipt of a correctly prepared and adequately supported invoice.
Were there any changes to the standard payment terms in the reporting period?
Where specifically negotiated and agreed as part of upfront contract negotiations
Any other information about payment terms
n/a
Maximum contractual payment period agreed
30
Dispute Resolution Process
General contract extract: If the COMPANY disputes any items on any invoice in whole or in part of if the invoice is prepared or submitted incorrectly in any respect, the COMPANY shall notify the CONTRACTOR of the reasons and request the CONTRACTOR to issue a credit not for the unaccepted part or whole of the invoice as applicable. Upon receipt of such credit note the COMPANY shall be obliged to pay the undisputed part of a disputed invoice
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
DANA PETROLEUM (E&P) LIMITED is a UK-based oil and gas company that specializes in exploration and production activities. They are committed to sustainable practices and have implemented a sustainability program to minimize their environmental impact.
The company's main products and services include oil and gas exploration, production, and development. They have operations in the North Sea, Egypt, Morocco, and other countries, and are constantly expanding their portfolio.
Key people at DANA PETROLEUM (E&P) LIMITED include their CEO, Dr. Patrick Allman-Ward, and their Executive Vice President of Exploration and Appraisal, Dr. Marcus Richards. They also have a team of experienced professionals who are dedicated to achieving the company's goals.
In addition to their core business, DANA PETROLEUM (E&P) LIMITED is committed to giving back to the community through their corporate social responsibility initiatives. They support local communities through education, health, and infrastructure projects.
To learn more about DANA PETROLEUM (E&P) LIMITED and their operations, interested parties can visit their website at www.danapetroleum.com. Their registered office address is located at Dana Petroleum (E&P) Limited, Britannia House, 1-11 Glenthorne Road, Hammersmith, London W6 0LH, United Kingdom.
