DNO Reports Payment for Tawke Deliveries

Source: www.gulfoilandgas.com 3/7/2017, Location: Middle East

DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 43.79 million from the Kurdistan Regional Government as payment towards December 2016 crude oil deliveries to the export market from the Tawke field.

The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 36.73 million toward monthly deliveries and USD 7.06 million toward recovery of outstanding receivables.

Tawke production in December averaged 110,335 barrels of oil per day (bopd), of which 109,546 bopd was delivered for export through Turkey.


Brazil >>  3/1/2024 - Raizen Fuels Finance S.A. ("Raizen Fuels") announces the expiration and results of its previously announced offer to purchase (the "Offer") for cash a...
Canada >>  3/1/2024 - Highlights
Financial results
- Significant increase in earnings for the fourth quarter and record results achieved in fiscal 2023 overall...


Canada >>  3/1/2024 - AltaLink has delivered on its Flat for Five promise to Albertans to keep its costs below 2018 levels for five consecutive years. At the end of 2023, A...
Canada >>  3/1/2024 - Pembina Pipeline Corporation ("Pembina") (TSX: PPL; NYSE: PBA) announced today that it does not intend to exercise its right to redeem the currently o...

United States >>  3/1/2024 - A federal jury in the U.S. District Court for the District of Delaware has awarded a $57 million patent infringement verdict in favor of Midwest Energ...
United States >>  3/1/2024 - At its regular meeting held today, the Board of Directors of PNM Resources (NYSE: PNM) declared the regular quarterly dividend of $0.3875 per share on...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.