's Company Working Interest (CWI) production averaged 107,100 barrels of oil equivalent per day (boepd) in H1 2019, up 39 percent from H1 2018, reflecting strong contributions from its fields in the Kurdistan region of Iraq (89,300 barrels of oil per day or bopd) as well as from its recently acquired North Sea assets (17,800 boepd).
's Company Working Interest, CWI, production averaged 107,100 barrels of oil equivalent per day, boepd, in H1 2019, up 39 percent from H1 2018, reflecting strong contributions from its fields in the Kurdistan region of Iraq (89,300 barrels of oil per day or bopd) as well as from its recently acquired North Sea assets (17,800 boepd).
The papers say part of his job was to find subcontractors for DNO
to buy and manage drilling equipment and other supplies.
Speaking at a handover ceremony at Al Bustan Palace, a Ritz-Carlton Hotel on Thursday, Bjorn Dale, managing director of DNO
said effective January 4, Block 8 will be operated by Musandam Oil and Gas Company, a fully-owned subsidiary of Oman Oil Company Exploration and Production (OOCEP).
The handover by DNO
Oman Block 8 Limited follows the expiry of the 30-year commercial term of the Exploration and Production Sharing Agreement, said a statement from Oslo-listed DNO
, whose largest shareholder is RAK Petroleum Holdings, which owns 40.45 per cent of the company.
In doing so, chairman Bijan Mossavar-Rahmani said: "DNO
is not going away.
re-entered the North Sea upstream sector in 2017 through the acquisition of Origo Exploration Holding AS after a six-year hiatus during which the company built a successful Middle East presence anchored by the DNO-operated flagship Tawke field in the Kurdistan region of Iraq.
Following the acquisition, DNO
picks up stakes in 11 exploration and appraisal licenses in the North Sea, of which seven are on the Norwegian Continental Shelf and four on the UK Continental Shelf.
in April 10, 2013, began testing its Tawke-17 exploration well drilled to 4,775 m, its deepest at Tawke.
The suspension took place shortly after around 80 local DNO
workers began a full strike demanding an increase in their monthly salaries and full medical insurance for their families, according to Riyadh Al-Jaradi, coordinator of the DNO
Workers' Union in Hadramout.
The company holds a 42.8 per cent shareholding in DNO
International ASA (www.dno.no).