Asset values in Kurdistan have soared as big-hitters such as Total, ExxonMobil, Chevron and ConocoPhillips move to take advantage of the semi-autonomous region’s lucrative licensing terms and hydrocarbon potential, despite Baghdad’s refusal to recognise production sharing contracts signed with foreign companies.
DNO has built up a strong position in Kurdistan, having entered the region in 2004, and holds operatorships in three PSCs – Tawke, Dohuk and Erbil.
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