Norwegian oil company DNO has agreed to buy rival Sval Energi from private equity group HitecVision in a deal valued at $1.6 ...

Reform of the development notification system for state owned industrial zones was one of the key recommendations of the Jean ...

He emphasized ongoing development projects and highlighted the importance of recent discoveries, such as Othello, which has follow-up potential within the license area and neighboring licenses.

G&A savings and lower DNO’s borrowing costs Strengthen presence in core areas on the Norwegian Continental Shelf where the Company has unparalleled exploration success since 2020 with 14 ...

The deal is expected to boost DNO’s North Sea production to 80,000 boe/d and offers the operator interests in hubs and existing tiebacks for potential development of recent ...

DNO plans to finance the acquisition with existing cash, debt financing facilities, new bond and reserve-based lending debt, ...