DNO Reports Payment for Tawke Deliveries

Source: www.gulfoilandgas.com 7/6/2017, Location: Middle East

DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 40.66 million from the Kurdistan Regional Government as payment towards April 2017 crude oil deliveries to the export market from the Tawke license. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD 34.10 million towards monthly deliveries and USD 6.56 million towards recovery of outstanding receivables.

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

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