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The latest update is out from DNO ASA ( (GB:0MHP) ).
DNO ASA has temporarily halted operations at its Tawke license in Kurdistan, Iraq, due to three explosions affecting a storage tank and surface processing equipment. While no injuries were reported, the company is conducting a damage assessment and plans to resume production once it is completed, which may impact its operational timelines and stakeholder interests.
More about DNO ASA
DNO ASA is a prominent Norwegian oil and gas operator with operations in the Middle East, the North Sea, and West Africa. Established in 1971 and publicly traded on the Oslo Stock Exchange, the company is involved in various stages of exploration, development, and production across onshore and offshore licenses in regions including Kurdistan in Iraq, Norway, the UK, Côte d’Ivoire, and Yemen.
Average Trading Volume: 2,488,951
Current Market Cap: NOK14.75B
Find detailed analytics on 0MHP stock on TipRanks’ Stock Analysis page.