By John Lee. Norway's DNO has reported increased oil production at its operations in Iraqi Kurdistan: Kurdistan Production: In Q1 2025, DNO's net production in Kurdistan was 61,600 barrels of oil equivalent per day (boepd), an 11% increase quarter-on-quarter. Operational Measures: Despite the closure of the Iraq-Türkiye export pipeline (ITP), production from the Tawke licence […]
By John Lee. On Thursday, DNO, the Norwegian oil and gas operator, reported a 24-percent increase in revenue to USD 170 million in the third quarter of 2024, with operating profit also higher at USD 31 million, up from an operating loss of USD 3 million in the previous quarter. Regarding operations in the Kurdistan […]
By John Lee. DNO has announced that it has increased spending in Iraqi Kurdistan during the second quarter of 2024, to optimize production from existing wells at the flagship Tawke license (DNO 75 percent and operator), "raising gross output from the Tawke and Peshkabir fields to an average of 83,500 boepd in the first half […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, will publish its Q2 2024 operating and interim financial results on 15 August at 07:00 (CET). A videoconference call with executive management will follow at 14:00 (CET). On Tuesday the Company provided an update on production, sales volumes and other key information for the […]
By John Lee. SITTI, an Italian provider of Air Traffic Control (ATC) systems, has won a contract to provide the following at the reconstructed Mosul International Airport: an innovative VCS (Voice Communication System) a modern VRS (Voice Recording and Replay System) radio equipment for controller-pilot communication It said in a statement: "The system that will […]
By John Lee. DNO has announced that production and field operations at its operated Tawke license (DNO 75 percent) in the Kurdistan region of Iraq have recovered from torrential flooding that also washed away large sections of the banks of the Khabur River, damaging roads and interfering with loading of tanker trucks for deliveries to […]
By John Lee. Iraq's Deputy Prime Minister for Energy Affairs and Oil Minister has launched Iraq's latest oil tanker, the Akkad. Speaking at the event, Minister Hayan Abdul Ghani emphasized the Ministry's commitment to bolstering the Iraqi Oil Tankers Company (IOTC) with new vessels. The new tanker has a capacity of 32,000 tons, and measures […]
By Ahmed Mousa Jiyad (and amended by IBN). Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Båtservice Dubious Contract with IOTC Revisited The Iraqi Oil Tanker Company (IOTC), an affiliate of the Ministry of Oil (MoO), had previously contracted, in 2020, with the Norwegian […]
By John Lee. Iraq's Minister of Oil, Hayan Abdul Ghani, has affirmed the Ministry's commitment to building a fleet of oil tankers. His statement came during a meeting with the Chairman of the Norwegian company Batservice Mandal [Båtservice Mandal AS], Bjørn Fjellhaugen, and the accompanying delegation. The Minister praised the role of Batservice, in cooperation […]
By John Lee. DNO ASA, the Norwegian oil and gas operator, will publish its Q4 2023 operating and interim financial results on 8 February at 07:00 (CET). A videoconference call with executive management will follow at 14:00 (CET). The Company issues below an update on production and sales volumes for the quarter as well as […]
By John Lee. DNO has confirmed that production continues to increase at its fields in Iraqi Kurdistan, with output so far in the fourth quarter averaging double the level of the third quarter. However, the company added that APIKUR members will "not be in a position to produce oil for pipeline exports until it is […]
Increasing the security of the trade supply chain at Baghdad International Airport On 10 September 2023, Iraq took a significant stride in bolstering trade supply chain security - concurrently targeting high-risk air cargo while facilitating the smooth flow of legitimate trade. In pursuit of this crucial objective, Iraqi authorities have joined forces with the United […]
