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

Acuqisition will quadruple DNO's North Sea production to around 80,000 boepd and the biggest contributor to the Norwegian ...

Production is expected to begin by the end of second-quarter 2025, with an expected 3-4 months ramp up period to peak ...

DNO agreed to acquire rival Sval Energi from private equity firm HitecVision in a deal valued at $1.6B, bolstering its ...

The six-mile-wide asteroid punched a one-way ticket toward extinction for all non-avian dinosaurs. Some 66 million years ...

Amid fears over thousands of North Sea oil and gas jobs being lost in the green transition, Labour’s strategy could create additional roles if ambitious renewables targets become a reality ...

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 ASA, the Norwegian oil and gas operator, today announced it has reached agreement to acquire 100 percent of the shares of Sval Energi Group AS from HitecVision for a cash consideration of USD 450 ...

The deal, which includes a cash consideration of $450m, is set to enhance DNO's North Sea assets and bolster ... and gas assets on the Norwegian Continental Shelf (NCS) and we have moved fast ...

The buoy was an example of repeated Chinese incursions into Japan’s EEZ. From left: Japanese Minister of Education, Culture, ...

Equinor has announced a new gas and condensate discovery in the Norwegian Sea, contributing to Norway's efforts to increase ...