Search results for: DNO ASA

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  • 4 May 2017

    DNO, a Norwegian oil and gas operator focused on the Middle East and North Africa, has acquired Origo Exploration, a privately-held oil and gas exploration company with a focus on offshore Norway and the United Kingdom. DNO said on Thursday that the company would pick up stakes in 11 exploration and appraisal licenses in the […]

  • 15 October 2014
    Business & Finance, Project & Tenders

    DNO ASA, the Norwegian oil and gas operator, has announced the start of drilling of the Jawhara-3 well inthe Sfax Offshore Exploration Permit in the Republic of Tunisia. The Jawhara-3 is the first of several exploration and appraisal wells planned in the permit. The well will be drilled four kilometers north of the Jawhara-1 discovery well, which […]

  • 16 April 2018
    Business & Finance

    Norwegian oil and gas operator DNO ASA has further increased its stake in UK-based Faroe Petroleum.

  • 29 June 2017

    DNO ASA, the Norwegian oil and gas operator,  has completed the the acquisition of Origo Exploration Holding AS, a privately-held oil and gas exploration company with a focus offshore Norway and the United Kingdom. The transaction has been approved by regulatory authorities in both Norway and the United Kingdom. Rebranded DNO Norge AS, the company […]

  • 27 August 2018
    Business & Finance

    DNO ASA has withdrawn its request for a shareholders meeting of Faroe in which it holds a 28.23 percent stake.

  • 16 August 2018
    Business & Finance

    Faroe Petroleum has recommended that shareholders vote against the appointment of two directors suggested by shareholder DNO ASA.

  • 5 April 2018
    Business & Finance

    Norwegian oil and gas operator DNO ASA has increased its stake in UK-based Faroe Petroleum to 27.68 percent. 

  • 12 December 2018

    Oslo-listed DNO ASA is adamant in its intention to fully take over Faroe Petroleum, despite the Faroe board being against it.

  • 4 April 2018
    Business & Finance

    Norwegian oil and gas operator DNO ASA has agreed to acquire a 15.37 percent of the share capital of Faroe Petroleum from Israeli Delek Group.

  • 5 January 2015
    Project & Tenders

    DNO ASA, the Norwegian oil and gas operator, and Entreprise Tunisienne d’Activités Pétrolière, holder of the Sfax Offshore Exploration Permit in the Republic of Tunisia, announced today the completion of drilling of the Jawhara-3 well on the permit. Jawhara-3 well was vertically drilled to a total depth of 2,815 meters. The Douleb and Bireno fractured […]

  • 1 May 2019

    DNO ASA has announced the completion of the asset swap agreement between Equinor and Faroe Petroleum, a wholly- owned subsidiary of DNO, following approval by Norwegian authorities.

  • 23 January 2018
    Business & Finance

    Petrolia SE’s 49.9 percent owned E&P company in Norway, Petrolia NOCO AS, has appointed a new executive chairman.

  • 21 December 2018
    Business & Finance

    Norwegian oil and gas operator DNO ASA has increased its stake in oil and gas explorer Faroe Petroleum despite the latter’s objections to the former’s hostile takeover bid.  Before the latest acquisition announced on Thursday, DNO owned a 28.22 percent in Faroe Petroleum. In a statement on Thursday DNO said it had acquired 6,246,152 shares in […]

  • 10 January 2019
    Business & Finance

    Norwegian oil company DNO is taking over Faroe Petroleum.

  • 11 June 2019
    Business & Finance

    Well-Safe Solutions has been awarded a major contract to decommission up to twenty-one wells on the Schooner and Ketch fields in the UKCS, operated by DNO.

  • 8 January 2019
    Business & Finance

    Norway’s DNO is not letting off Faroe Petroleum’s management, this time criticizing its target company’s recent ‘glossy’ resource report following Norwegian authorities downgrade of the estimated reserves of the Oda offshore field in which Faroe owns a share.

  • 7 November 2018
    Business & Finance

    Oslo-listed Panoro Energy has agreed to buy OMV’s assets in Tunisia for $65 million through the acquisition of OMV’s subsidiary OMV Tunisia Upstream.

  • 4 January 2019
    Business & Finance

    Faroe Petroleum, a target of DNO’s hostile takeover bid of 152p a share, has once again urged shareholders not to consider DNO’s ‘opportunistic’ offer, as they’d lose an opportunity to benefit from any potential increase in the offer.

  • 9 November 2011
    Business & Finance

    DNO International ASA is reporting net profit of NOK 299 million for the third quarter of 2011 versus a loss of NOK 146 million in the same quarter 2010. The strong result is affected by a net positive finance of NOK 301 million in this quarter. In the third quarter the Company delivered a Working […]

  • 28 November 2012
    Business & Finance

    DNO International ASA, the Norwegian oil and gas company, was recognized last night for its outstanding overall performance in regional exploration and production during 2012 at an awards ceremony hosted by Middle East Oil & Gas magazine in Dubai. The Company was represented by Magne Normann, Chief Operating Officer, who said, “I accepted the award […]

  • 20 April 2012
    Business & Finance

    DNO International ASA, the Norwegian oil and gas company, announced today that it has signed an amended concession agreement with the Government of the Emirate of Ras Al Khaimah, RAK Gas LLC and Dahan Petroleum Ltd (“Dahan”) granting Dahan exploration rights to certain outlying areas of the Saleh concession in exchange for Dahan covering the […]

  • 4 July 2011
    Business & Finance

    RAK Petroleum Public Company Limited, (RAK Petroleum), the oil and gas exploration and production company, and Norway’s DNO International ASA (DNO) and have signed a heads of agreement to merge RAK Petroleum’s Middle East and North Africa (MENA) operating subsidiaries into DNO in exchange for DNO shares to be issued to RAK Petroleum. The consideration […]