Search results for "RWE"

Dana Gas, Iraq

Dana Gas Reaches Settlement With RWE

By John Lee. UAE-based Dana Gas has announced that it has reached an “amicable and mutually beneficial settlement agreement” with RWE’s trading unit RWE Suppy & Trading GmbH (RWEST) to resolve a dispute over its operations in Iraqi Kurdistan. The detailed terms of the settlement agreement are to be treated in accordance with the confidentiality […]

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Norwegian Company to Build Ships for Iraq

Aswat al-Iraq reports that the Iraqi Maritime Company has signed a Memorandum of Understanding (MoU) with the Norwegian company Golden Ocean to build vessels for the Ministry of Transportation. The company discussed the possibilities of building ships for Iraq either through cash or on a deferred payment basis. According to the report, he Norwegian company […]

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Germany's RWE Signs Kurdistan Gas Deal

Prime Minister Barham Salih today announced the signing of a Cooperation Agreement between the Kurdistan Regional Government and RWE. The RWE Group is a leading European utilities company headquartered in Essen, Germany. It has extensive experience in the building, modernisation, and upgrading of energy infrastructure. Under the agreement, RWE will provide assistance to the KRG […]

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Peshkabir Well 2 (Genel Energy)

DNO Guides 2020 Production and Spend

By John Lee. DNO ASA, the Norwegian oil and gas operator, today provided production and spend guidance for the balance of the year ahead of its Annual General Meeting on Wednesday. The Company reported that it has implemented the target 35 percent reductions across all spend categories to shrink its 2020 budget by USD 350 […]

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Jobs, careers 1 (Pixabay)

New Career Opportunities in Iraqi Kurdistan

By John Lee. The United Nations has advertised new positions in Iraqi Kurdistan: Monitoring and Evaluation Specialist, USAID/Iraq Performance Management and Evaluation Services (PMES) Activity, Dexis Consulting Group (Dexis) Livelihood Food Security Project Coordinator, Norwegian Refugee Council (NRC) Security Risk Management Advisor, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Programme Officer, International Organization for Migration (IOM) […]

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DNO Kurdistan

DNO Slashes 2020 Budget

DNO ASA, the Norwegian oil and gas operator, today announced a 30 percent or USD 300 million reduction in its 2020 budget to shore up its balance sheet in the face of unprecedented market convulsions and plunging oil prices triggered by the coronavirus pandemic. Steps have already been taken to suspend most discretionary drilling and […]

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DNO, Iraqi Kurdistan

DNO reports Record Revenues and Production

DNO ASA, the Norwegian oil and gas operator, today reported interim 2019 revenues of USD 971 million, the highest in the Company's 48-year history, on the back of acquisitions and a record drilling campaign driving a 28 percent year-on-year increase in Company Working Interest (CWI) production to 104,800 barrels of oil equivalent per day (boepd). […]

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Fmr UK Defence Minister joins Genel Energy Board

Genel Energy has announced the appointment of David McManus as Chairman with immediate effect. Sir Michael Fallon (pictured) has been appointed as senior independent Non-Executive Director, and Tolga Bilgin and Hassan Gozal have also been appointed to the Board as Non-Executive Directors. David McManus has more than 40 years of experience in the oil and […]

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