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DNO Completes USD 400 Million Bond Placement

4 days ago DieselGasoil Comments Off on DNO Completes USD 400 Million Bond Placement
16 May 2019 – DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new, five-year senior unsecured bonds with a coupon rate of 8.375 percent. The bond placement received strong investor demand across international markets and was oversubscribed. The bond issue is expected to be settled Read More

Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq

4 days ago DieselGasoil Comments Off on Gazprom Neft produces its two-millionth ton of oil in Kurdistan, Iraq
5/16/2019 Sarqala field in the Kurdistan Region of Iraq. Photo: Gazprom Neft. MOSCOW — Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth ton of oil since starting commercial production at its Sarqala field in the Kurdsitan Region of Iraq. Sarqala field in the Kurdsitan Region of Iraq First oil was obtained Read More

Simple precautions or plan to attack? What’s behind US & Germany’s recent moves in Mideast

5 days ago DieselGasoil Comments Off on Simple precautions or plan to attack? What’s behind US & Germany’s recent moves in Mideast
Germany and the Netherlands halted training of Iraqi troops hours after the US said it will partially evacuate its Baghdad embassy. Amid growing tensions with Iran, analysts offered differing views on the reasons behind the moves. Washington announced the partial evacuation of its embassy in Baghdad as well as a consulate in Erbil in Iraqi Read More

Baghdad won’t let Washington use its territory in war against Iran – Iraq’s envoy

5 days ago DieselGasoil Comments Off on Baghdad won’t let Washington use its territory in war against Iran – Iraq’s envoy
Iraq does not want a “devastating” new war in the Middle East and will not allow the US to use its territory for military action against neighboring Iran, Baghdad’s ambassador to Moscow has said. “Iraq is a sovereign nation. We will not let to use our territory,” Haidar Mansour Hadi, the Iraqi envoy Read More

Germany suspends training Iraqi troops amid US-Iran tensions in the Gulf

5 days ago DieselGasoil Comments Off on Germany suspends training Iraqi troops amid US-Iran tensions in the Gulf
The German army suspended its training programs for Iraqi troops due to increasing tensions in the region, the Defense Ministry said. The move comes after the US ordered partial evacuation of its embassy in Baghdad. Berlin made the decision to suspend the training of Iraqi soldiers while “orienting itself toward our partner countries,” the Defense Read More

Germany suspends training Iraqi troops amid US-Iran tensions in the Gulf – report

5 days ago DieselGasoil Comments Off on Germany suspends training Iraqi troops amid US-Iran tensions in the Gulf – report
Published time: 15 May, 2019 11:27 Edited time: 15 May, 2019 11:50 The German army suspended its training programs for Iraqi troops due to increasing tensions in the region, a new report said, citing DPA sources. The move comes after the US ordered partial evacuation of its embassy in Baghdad. The decision to halt the Read More

DNO Reports First Quarter 2019 Results, Plans to More Than Double Spending

2 weeks ago DieselGasoil Comments Off on DNO Reports First Quarter 2019 Results, Plans to More Than Double Spending
Oslo, 8 May 2019 – DNO ASA, the Norwegian oil and gas operator, today reported USD 35 million in first quarter 2019 operating revenues from its newly acquired North Sea assets, bringing the total quarterly figure across the portfolio to USD 204 million. The Company generated a net profit of USD 51 million and exited Read More

DNO to Hold Fixed Income Investor Meetings

2 weeks ago DieselGasoil Comments Off on DNO to Hold Fixed Income Investor Meetings
6 May 2019 – DNO ASA, the Norwegian oil and gas operator, today announced it has engaged Danske Bank, Pareto Securities AS and SpareBank 1 Markets AS to arrange fixed income investor meetings in Europe, the United States and the Far East. Subject to market conditions and acceptable terms, a new USD senior unsecured bond Read More

DNO Completes Norwegian Asset Swaps with Equinor

3 weeks ago DieselGasoil Comments Off on DNO Completes Norwegian Asset Swaps with Equinor
Oslo, 30 April 2019 – DNO ASA, the Norwegian oil and gas operator, today announced the completion of the asset swap agreement between Equinor Energy AS, a wholly-owned subsidiary of Equinor ASA, and Faroe Petroleum plc, a wholly-owned subsidiary of DNO, following approval by Norwegian authorities. The transaction has an effective date of 1 January Read More

Invitation to First Quarter 2019 Results and Capital Markets Day Presentation

4 weeks ago DieselGasoil Comments Off on Invitation to First Quarter 2019 Results and Capital Markets Day Presentation
Oslo, 24 April 2019 – DNO ASA, the Norwegian oil and gas operator, will release its first quarter 2019 interim results to the Oslo Stock Exchange at 8:00 am Oslo time on 8 May 2019. A management presentation will follow at the Grand Hotel Oslo at Karl Johans gate 31 at 10:00 am. A live Read More