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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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DNO, una empresa petrolera noruega, reporta un aumento del 50% en la producción y $667M en ingresos de 2024, alimentados por campos del Kurdistán.