DNO Latest International Financial News – Tawke Oilfield, Kurdistan, Share Price and more – brought to you by Iraq Business News
By John Lee. Following the arbitration ruling that has stopped oil exports from the Kurdistan Region of Iraq, the oil companies affected have issued statements to the markets on the situation. Genel Energy, which has interests in the Tawke, Taq Taq and Sarta fields, said that public statements made by both the Federal Iraq Ministry […]
By John Lee. Oil exports from Iraqi Kurdistan were suspended on Saturday after a ruling that Turkiye can not allow exports from the autonomous region by pipeline to the port of Ceyhan (pictured). The Paris-based International Court of Arbitration, which operates under the auspices of the International Chamber of Commerce (ICC), found that Turkiye was […]
DNO ASA, the Norwegian oil and gas operator, today reported that cumulative oil production from its Peshkabir field in the Kurdistan region of Iraq has broken through the 100 million-barrel milestone less than six years after startup. The field was initially estimated to contain proven and probable reserves of 75 million barrels of oil commingled […]
By John Lee. Genel Energy has issued an update on Thursday on the oil reserves across its portfolio. Working interest oil reserves (MMbbls) 1P 2P 3P 31 December 2021 62.6 104.2 136.6 Production (11.0) (11.0) (11.0) Technical revisions 17.3 (1.0) - 31 December 2022 68.9 92.2 125.6 International petroleum consultants DeGolyer and MacNaughton, working on […]
DNO ASA, the Norwegian oil and gas operator, will publish its Q4 and full-year 2022 operating and interim financial results on 9 February 2023 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as […]
DNO ASA, the Norwegian oil and gas operator, today reported third quarter operating profit of USD 191 million on revenues of USD 339 million driven by strong production at the flagship Kurdistan Tawke license and continued high oil and gas prices. In Kurdistan, gross operated production totaled 109,100 barrels of oil per day (bopd) in […]
DNO ASA, the Norwegian oil and gas operator, will publish its Q3 2022 operating and interim financial results on 3 November 2022 at 07:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as other key financial information that will be further discussed in the earnings call. […]
By John Lee. DNO, the Norwegian oil and gas operator with significant operations in Iraqi Kurdistan, has released its 2021 Social Corporate Responsibility Report. Click here to download the full report. (Source: DNO)
DNO ASA, the Norwegian oil and gas operator, today reported strong second quarter operational and financial results powered by high oil and gas prices and by solid production in its operated flagship Kurdistan Tawke license. Spurred by quarterly revenue of USD 361 million and free cash flow of USD 167 million, the Company reduced debt […]
Genel Energy notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity. Gross production at the Tawke licence averaged 106,900 bopd during the second quarter, of which Peshkabir contributed 62,300 bopd and Tawke 44,600 bopd, the latter representing the first quarterly production increase […]
DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2022 operating and interim financial results on Thursday, 11 August 2022 at 07:00 (CET). A videoconference call with executive management will follow at 11:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as other key […]
By John Lee. The Minister of Natural Resources of the Kurdistan Regional Government (KRG) has filed a civil suit against the Baghdad Minister of Oil, accusing him of sending emails and letters with the intention of intimidating international oil companies (IOCs) and interfering with the contractual rights of the IOCs and the KRG. The KRG […]
