Pointing to a high level of success for its assets in the Kurdish north of Iraq, Norwegian company DNO said it was paying its first dividend in 13 years. The company reported Thursday that second-half revenue of $289 million represented an 83 percent increase from the same period last year. Singling out its assets in the Kurdish region of Iraq, the company said the fast-track development of its Peshkabir field alone will accelerate average production by more than 40 percent by the end of the year. “With growing production and robust and reliable revenues, the dividend announcement underscores confidence in our strong growth prospects,” DNO Executive Chairman Bijan Mossavar-Rahmani said in a statement. “Kurdistan is […]