DNO ASA
Not to be confused with Det Norske Oljeselskap 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
External links
- Official website
- Norwegian Petroleum Directorate´s fact page on DNO
- Stock information on DNO (from Oslo Børs/Oslo Stock Exchange)
Financial statements and presentations
- Interim report Q1 2014
- Interim presentation Q1 2014
- Annual Report and Accounts 2013
- Annual Report and Accounts 2012
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