Norwegian energy company DNO says its optimistic about its future following a steady string of payments for oil exported from the Kurdish north of Iraq. Photo courtesy of DNO International OSLO, Norway, May 4 (UPI) — A string of regular export payments from the Kurdish government in Iraq means the funds are there to start a drilling campaign, Norwegian company DNO said. DNO said it was able to boost investments following steady Kurdish export payments and was ready now to start an active drilling campaign at the Tawke oil field in northern Iraq. “We jump started investments at Tawke once Kurdistan provided regularity and predictability of payments,” DNO’s Executive Chairman Bijan Mossavar-Rahmani said in a statement. The semiautonomous Kurdistan Regional Government started independent oil sales in June. To date, DNO said it’s received about $128 million for deliveries from the Tawke field. DNO said it was able to reverse […]