OverviewSuggest Edit

DNO engages in the exploration, development, and production of oil and gas primarily in the Middle East and North Africa. The Company's flagship project is the Tawke field that is located in the Kurdistan region. DNO holds seven licenses in the Kurdistan region of Iraq, the Sultanate of Oman, the Tunisian Republic, the Republic of Yemen, and Somaliland.

TypePublic
Founded1971
HQSentrum, NO
Websitedno.no

Latest Updates

Employees (est.) (Dec 2020)1,318
Share Price (Jan 2021)KR7.7 (-2%)
Cybersecurity ratingBMore

Key People/Management at DNO

Bjørn Dale

Bjørn Dale

Managing Director
Lars Arne Takla

Lars Arne Takla

Deputy Chairman
Bijan Mossavar-Rahmani

Bijan Mossavar-Rahmani

Executive Chairman
Haakon Sandborg

Haakon Sandborg

Chief Financial Officer
Elin Karfjell

Elin Karfjell

Director
Gunnar Hirsti

Gunnar Hirsti

Director
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DNO Office Locations

DNO has offices in Sentrum, Stavanger, Erbil, Muscat and in 6 other locations
Sentrum, NO (HQ)
1 Dokkveien
Stavanger, NO
Badehusgata 37
Erbil, IQ
Airport
Aberdeen, GB
24 Carden Pl
Great Yarmouth, GB
N Quay
London, GB
55 Strand, Charing Cross
Show all (10)

DNO Financials and Metrics

DNO Revenue

Market capitalization (15-Jan-2021)

7.9b

Closing stock price (15-Jan-2021)

7.7
DNO's current market capitalization is kr7.9 b.
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DNO Cybersecurity Score

Cybersecurity ratingPremium dataset

B

88/100

SecurityScorecard logo

DNO Online and Social Media Presence

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DNO News and Updates

DNO Receives 10 Awards in Norway's APA Licensing Round

Oslo, 19 January 2021 – DNO ASA, the Norwegian oil and gas operator, today announced that its wholly-owned subsidiary DNO Norge AS has been awarded participation in 10 exploration licenses, of which 4 are operatorships, under Norway's Awards in Predefined Areas (APA) 2020 licensing round.

DNO Operations Update

Oslo, 18 January 2021 – DNO ASA, the Norwegian oil and gas operator, today announced net production of 95,100 barrels of oil equivalent per day (boepd) across its portfolio in 2020, notwithstanding the sharp decline in planned spending to preserve cash following the market turmoil triggered by the C…

DNO Releases 2019 Corporate Social Responsibility Report

Oslo, 18 September 2020 – DNO ASA, the Norwegian oil and gas operator, today released its 2019 Social Corporate Responsibility Report. The report is attached as a downloadable file and is also available on the Company's website www.dno.no.

DNO Starts Gas Capture and Injection in Kurdistan, Slashes CO2 Emissions

Oslo, 11 September 2020 – DNO ASA, the Norwegian oil and gas operator, today announced that the USD 110 million Peshkabir Gas Capture and Injection Project in its Tawke license in the Kurdistan region of Iraq is onstream and has reached the one billion cubic feet of gas injection milestone. The proj…

DNO ASA: FAPE01 Bond Buyback

Oslo, 10 September 2020 – DNO ASA, the Norwegian oil and gas operator, today purchased USD 1 million in nominal value of FAPE01 bonds (ISIN NO0010811268) originally issued by Faroe Petroleum plc, and renamed DNO North Sea plc. The bonds were purchased at a price of 104.25. Following the bond buyback…

DNO Completes Share Capital Reduction

Oslo, 8 September 2020 – DNO ASA, the Norwegian oil and gas operator, today announced that the reduction of its share capital by cancellation of all 108,381,415 own shares held by the Company, approved by shareholders at a 28 February 2020 Extraordinary General Meeting, has been completed.
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DNO Frequently Asked Questions

  • When was DNO founded?

    DNO was founded in 1971.

  • Who are DNO key executives?

    DNO's key executives are Bjørn Dale, Lars Arne Takla and Bijan Mossavar-Rahmani.

  • How many employees does DNO have?

    DNO has 1,318 employees.

  • Who are DNO competitors?

    Competitors of DNO include Woodside Petroleum, Whiting Petroleum and Master Flo Valve.

  • Where is DNO headquarters?

    DNO headquarters is located at 1 Dokkveien, Sentrum.

  • Where are DNO offices?

    DNO has offices in Sentrum, Stavanger, Erbil, Muscat and in 6 other locations.

  • How many offices does DNO have?

    DNO has 10 offices.