DNO ASA

DNO ASA is a Norwegian independent oil and gas company specializing in the exploration, development, and production of hydrocarbons primarily in the Middle East, North Sea, and West Africa. Founded in 1971 and headquartered in Oslo, it holds significant operating interests, including 75% in the onshore Tawke and Peshkabir fields in Iraq's Kurdistan region, where it pioneered international operations starting in 2004 and remains a leading producer with over 110,000 barrels of oil per day historically. DNO ASA also maintains an extensive portfolio of offshore exploration licenses across Norway's Continental Shelf, the United Kingdom, and Yemen, alongside interests in Côte d'Ivoire's Block CI-27. Re-entering the North Sea in 2017 via acquisitions, the company advances projects like the Brasse field (to be renamed Bestla), targeting production from 2027 with estimated recoverable reserves of 24 million barrels. As Norway's oldest oil firm, DNO ASA plays a key role in global energy markets through its focus on high-impact assets in challenging frontiers, balancing mature production with exploratory upside.