IRAQ

Norway’s DNO, operator of the Tawke oil field in Iraqi Kurdistan, hit record output of almost 160,000 b/d in recent days. But despite its huge investment in the flagship asset, the Oslo-listed firm is feeling the pinch from non-payment by the Kurdistan Regional Government (KRG) for pipeline exports, one of the reasons why a majority of foreign oil companies in the region are looking to scale down their operations, in what was once seen as the most promising exploration frontier...