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h2 style="background-image:url(/Global/ar-breakingNewGround.png);">DNO Annual Report 2010

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Corporate Governance

Corporate Governance

DNO’s standard of ethics and core values comprise a solid platform for good corporate governance.

Management presentation

The management group in DNO International ASA is comprised by the corporate management team consisting of five people and the heads of the three business units. The corporate functions are monitoring and managing DNO’s business activities at the group level, and with a specific and centralized responsibility for communication, finance and QS-HSE activities.

The business activities have been organized in three geographical business units, each headed by a business unit manager. They are responsible for the day-to-day running of operations. In addition, there are three expertise staff managers with specific company-wide responsibility within the geological, geophysical and petroleum engineering areas.

The management group of DNO has extensive experience from leading positions in companies engaged in all phases of the oil and gas business.

The legal structure of the group consist of the parent company DNO International ASA with five 100% owned subsidiaries; DNO Iraq AS, DNO Yemen AS, DNO Mozambique AS, DNO Invest AS and DNO UK Ltd.