DNO ASA

Not to be confused with Det Norske Oljeselskap ASA.
DNO ASA
Allmennaksjeselskap
Traded as OSE: DNO
Industry Petroleum
Founded 1971
Headquarters Oslo, Norway
Area served
 Worldwide
Key people
 Bjoern Dale (Managing Director)
Bijan Mossavar-Rahmani (Executive Chairman)
Products Oil and gas exploration and production
Revenue NOK 2.967 billion (2013)[1]
NOK 361.6 million (2013)[1]
Profit NOK 127 million (2013)[1]
Total assets NOK 8.123 billion (end 2013)[1]
Total equity NOK 4.615 billion (end 2013)[1]
Number of employees
 977 (end 2013)[1]
Website www.dno.no

DNO ASA ‘DNO’ is a Middle East and North Africa (MENA) focused oil and gas company listed on the Oslo Stock Exchange. The Company holds stakes in oil and gas blocks in various stages of exploration, development and production both onshore and offshore in the Kurdistan region of Iraq, the Republic of Yemen, the Sultanate of Oman, the United Arab Emirates, the Tunisian Republic and Somaliland. The group is headquartered in Oslo and has a network of offices throughout the MENA region.

Assets

Kurdistan, Iraq

Drilling for oil in Yemen.
License Field Type Ownership Operator Status
Tawke PSC Tawke, Peshkabir Oil 55% DNO Production/Development/Appraisal/Exploration
Dohuk PSC Summail Oil/Gas 40% DNO Appraisal/Development
Erbil PSC Benenan, Bastora Oil 40% DNO Development

Yemen

License Field Type Ownership Operator Status
Block 32 Tasour, Godah Oil 38,95% DNO Producing/Exploration
Block 43 Nabrajah Oil 56,67% DNO Producing/Exploration
Block 47 Yaalen, Sharnah Oil 40% DNO Development/Exploration
Block 53 Sharyoof, Bayoot Oil 24,45% Dove Energy Producing/Exploration
Block 72 Gabdain Oil 18% Total Exploration
Block 84 Masila-Seiyun Basin Oil 59,5% DNO Exploration

Oman

License Field Type Ownership Operator Status
Block 8 Bukha, West Bukha Oil/Gas 50% DNO Producing
Block 30 Nadir, Al Sahwa, Hafar

and Hamrat Duru

 Gas 100% DNO Appraisal/Development
Block 31 Al Jariya Oil/Gas 100% DNO Exploration
Block 36 Rub al Khali Oil 75% DNO Exploration

United Arab Emirates

License Field Type Ownership Operator Status
RAK B RAK B Oil/Gas 100% DNO Exploration/Appraisal
RAK Saleh RAK Saleh Oil/Gas 70% DNO Production/Development
RAK Onshore RAK Onshore Oil 70% DNO Exploration

Tunisia

License Field Type Ownership Operator Status
Hammamet Offshore Tazerka, Kasserine 30% Chinook Energy Inc. Exploration
Fkirine 50% DNO Exploration
Sfax and Ras El Besh Gulf of Gabes 87,5% DNO Exploration

Somaliland

License Field Type Ownership Operator Status
Block SL-18 Oil 50% DNO Exploration

References

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Annual Report 2013". DNO International. Retrieved 30 April 2014.

External links

Financial statements and presentations