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DNO Closes Acquisition of Sval Energi for $450MM

Rigzone

The acquired portfolio consists of 16 producing fields in Norway, quadrupling DNO’s North Sea production to 80,000 barrels of oil equivalent per day (boepd), the company said in a news release.

Energy 67
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DNO Signs Offtake Agreement to Supply Norwegian Gas to ENGIE

Rigzone

Image by Suriyapong Thongsawang via iStock DNO ASA said its Norwegian operating subsidiaries have entered into an offtake agreement with France’s ENGIE SA for the company's Norwegian gas production. banks, in particular, have significantly stepped up fossil fuel lending,” he added.

Gas 62
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Touchstone Posts Production Numbers from Trinidad Asset

Rigzone

Brent Crude $69.46 -0.09% Natural Gas $3.52 -0.56% Latest Oil Prices SUBSCRIBE SEARCH ARTICLES NEWS Touchstone Posts Production Numbers from Trinidad Asset by Rocky Teodoro | Rigzone Staff | Thursday, July 17, 2025 | 7:00 AM EST The acquired entity holds a 65 percent operating interest in the Central Block exploration and production license.

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DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. Sales prices averaged USD 35 per barrel with payments deposited into DNO's international bank accounts ahead of deliveries. KRG: 20% carried interest.

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Var Energi Makes Gas, Condensate Find Offshore Norway

Rigzone

Image by momnoi via iStock Var Energi announced, in a statement posted on its website, that it has made a new “commercial” gas and condensate discovery in the Vidsyn exploration well, which is situated near the Var Energi operated Fenja field in the Norwegian Sea. Var Energi has a 75 percent operated interest in the find.