Dinner is served as Koreans celebrate Dana takeover

After last year's £1.87 billion takeover tussle, Korea National Oil Corporation (KNOC) last night marked the completion of its acquisition of Aberdeen-based Dana Petroleum with a gala dinner.

The host for the event - at the Granite City's exclusive Ardoe House Hotel - was Kang Young-Won, president and chief executive of KNOC, and guests included Dana chief executive Stuart Paton and its chief strategy officer EuGene Synn.

KNOC said the dinner was to celebrate the "successful integration" of Dana into the wider group.

After being piped in, the KNOC president joked: "We have doubled the Korean population of Aberdeen by coming here tonight."

Not to be outdone, Paton said: "My two-year-old daughter told me that I look like a ballerina in my kilt. We are delighted to have so many bankers here tonight. I wonder if they are expecting more business from KNOC or if they have nothing better to do on a Friday night in January."