DNO partly resumes oil production in Iraq

Genel Energy

17/08/2023 06:16

OSLO, Aug 17 (Reuters) - Norwegian oil company DNO
 DNO.OL  said on Thursday it had last month partly resumed
production at its Tawke field in the Iraqi Kurdistan region,
delivering oil to the local market at a discount as a key export
pipeline remained shut.
    DNO swung to an operating loss of $15 million for the second
quarter from a year-ago profit of $81 million, as its overall
net production dropped to the lowest level in 13 years.

 (Reporting by Nerijus Adomaitis, editing by Terje Solsvik)
 ((nerijus.adomaitis@thomsonreuters.com; +47 9027 6699; Reuters
Messaging: nerijus.adomaitis.thomsonreuters@reuters.net))