DNO ASA

DNO ASA is a Norwegian oil and gas operator headquartered in Oslo, Norway. Founded in 1971, it is Norway's oldest oil company and was the first to be listed on the Oslo Stock Exchange in 1981. The company's core business involves the exploration, development, and production of oil and gas assets.

DNO holds stakes in onshore and offshore licenses across various stages of exploration, development, and production. Its primary operational regions include the Middle East, specifically the Kurdistan region of Iraq and Yemen, and the North Sea, encompassing Norway, the United Kingdom, and the Netherlands. The company also has activities in West Africa, including Côte d'Ivoire.

Recent developments highlight DNO's strategic focus on expanding its North Sea operations, including new license awards and acquisitions. Christopher Spencer was appointed Managing Director in September 2023, leading the company's efforts to drive operations in both the Kurdistan Region of Iraq and the North Sea. The company reported strong third-quarter 2025 results, with record revenue and operating profit, largely attributed to increased production from its North Sea and Kurdistan assets. DNO is also advancing several North Sea developments, such as the Brasse field, with projected production starts in the coming years.