DNO Boosts Oil Production in Kurdistan's Tawke Field
Norwegian oil company DNO announced on December 19, 2023, that it has significantly ramped up production from its Tawke field located in the Kurdistan Region. The current average daily production for December has surged close to 90,000 barrels of oil per day (bopd).
This increase marks a significant milestone for DNO in its operations within the Kurdistan Region, underscoring the company's commitment to advancing production capabilities and contributing to the region's energy sector.
DNO's expansion efforts align with the broader economic cooperation between Norway and the Kurdistan Region, characterized by substantial investments in the oil and gas industry. This strategic partnership has fostered mutually beneficial trade relationships and contributed to the region's economic development.
The Kurdistan Region continues to attract international interest and investment, with its energy resources playing a pivotal role in strengthening economic ties and facilitating growth.
DNO's achievement reflects the ongoing success and potential for further collaboration between Norwegian entities and the Kurdistan Region in advancing energy initiatives and driving economic prosperity.