DNO, Genel strike oil sales agreement with Iraqi Kurdistan, shares rise

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LONDON,— Norway’s DNO and British-based Genel Energy, the two main foreign oil producers in Iraqi Kurdistan, have struck agreements with the Kurdistan Regional Government (KRG) to clear outstanding debt and restructure oil export payments going forward. As part of its deal with the KRG, DNO agreed to increase its stake in the Tawke oilfield to […]

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DNO, Genel strike oil sales agreement with Iraqi Kurdistan, shares rise

Editorial Staff
http://ift.tt/eA8V8J

LONDON,— Norway’s DNO and British-based Genel Energy, the two main foreign oil producers in Iraqi Kurdistan, have struck agreements with the Kurdistan Regional Government (KRG) to clear outstanding debt and restructure oil export payments going forward. As part of its deal with the KRG, DNO agreed to increase its stake in the Tawke oilfield to […]

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DNO, Genel receive payment for Iraqi Kurdistan oil deliveries

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LONDON/OSLO,— DNO ASA, the Norwegian oil and gas operator confirmed on Wednesday the receipt of USD 39.59 million from Iraq’s Kurdistan Regional Government as payment towards May 2017 crude oil deliveries to the export market from the Tawke license, a DNO press release said. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, […]

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DNO, Genel get payment of $40.66 mln for Iraqi Kurdistan oil export

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OSLO,— DNO ASA, the Norwegian oil and gas operator confirmed on Thursday the receipt of USD 40.66 million from Iraq’s Kurdistan Regional Government as payment towards April 2017 crude oil deliveries to the export market from the Tawke license. The DNO said in a statement that the funds, to be shared pro-rata by DNO and partner […]

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DNO, Genel report payment of $41.26 mln for Iraqi Kurdistan oil export

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OSLO,— DNO ASA, the Norwegian oil and gas operator confirmed on Thursday the receipt of $41.26 million from Iraq’s Kurdistan Regional Government as payment towards March 2017 crude oil deliveries to the export market from the Tawke field, DNO said in statement. The funds, to be shared pro-rata by DNO and partner Genel Energy plc, include USD […]

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DNO, partner report payment of $41.40 mln for Iraqi Kurdistan oil export

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OSLO,— DNO ASA, the Norwegian oil and gas operator confirmed on Wednesday the receipt of $41.40 million from Iraq’s Kurdistan Regional Government as payment towards February 2017 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 34.73 million toward monthly deliveries […]

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DNO, Genel report payment of $46.15 mln for Iraqi Kurdistan oil export

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OSLO,— DNO ASA, the Norwegian oil and gas operator confirmed on Tuesday the receipt of $46.15 million from Iraq’s Kurdistan Regional Government as payment towards January 2017 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 $38.70 million toward monthly deliveries and […]

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DNO, Genel reported $35.45 mln payment for Kurdistan oil export

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OSLO,— DNO ASA, the Norwegian oil and gas operator, confirmed on Tuesday the receipt of USD 35.45 million from Iraq’s Kurdistan Regional Government as payment towards November 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 29.73 million toward […]

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DNO, Genel receive $8.41 mln payment for Kurdistan oil export

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OSLO,— DNO ASA, the Norwegian oil and gas operator, confirmed on Monday the receipt of USD 8.41 million from Iraq’s Kurdistan Regional Government as payment towards June 2016 crude oil deliveries to the export market from the Tawke field. The payment completes settlement of the total invoiced amount for June 2016 of USD 38.41 million, […]

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