Business objectives
DNO is an entrepreneurial independent exploration and production company, geographically focused on the Middle East and North Africa (MENA) with international operations in Yemen, the Kurdistan region of Iraq, Tunisia, Oman and the United Arab Emirates. The group is headquartered in Oslo and listed on the Oslo Stock Exchange.
DNO’s main operational objective is to deliver sustainable growth and create value for our shareholders through selective targetted exploration and transformation of resources to reserves at low cost.
Exploration driven
We incorporate an exploration driven strategy in low cost areas with high hydrocarbons potential. With successful exploration, we will focus on transforming resources to reserves at low cost minimizing the time from discovery to first production.
Entrepreneurial
We strive to be an entrepreneurial company. We have a flat organizational structure, with minimal overhead. As a result, we can decide quickly, execute nimbly and manage risk in real time.
Operator
To better manage our portfolio, we make every effort to be in control of operations. As operator, we can deploy our extensive skills to optimize performance and deliver enhanced results.
Mergers and acquisitions
In addition to organic growth ambitions, DNO will actively engage in mergers, acquisitions and consolidation of the E&P business in the MENA region.