DNO, a Norwegian oil firm, reports a 50% rise in production and $667M in 2024 revenue, fueled by Kurdistan fields.

Norwegian oil company DNO reported 2024 revenues of USD 667 million, with a 50% increase in net production to 77,300 barrels of oil equivalent per day, primarily driven by Kurdistan operations. Despite the Iraq-Turkey pipeline's closure, production at DNO's Tawke and Peshkabir fields in Kurdistan rose 70% to 78,600 boepd. DNO plans to drill four to six North Sea exploration wells in 2025, aiming to sustain growth and shareholder distributions.

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