Story thread · 2 reports / 2 sources

DNO cashes out of Côte d’Ivoire as Panoro deepens African offshore gas drive

offshore-energy.biz · 1dShare

Norway’s oil and gas player DNO is exiting Côte d’Ivoire by divesting its business in the West African country to Panoro Energy, raking in an estimated 24% annualized return on its investment while handing its Norwegian peer a gas-weighted production base that will boost output by about 23% and deepen its presence in the region’s gas market. The post DNO cashes out of Côte d’Ivoire as Panoro deepens African offshore gas drive appeared first on Offshore Energy .

First report: Panoro to acquire stake in Côte d’Ivoire’s Block CI-27 from DNO — finance.yahoo.com, 1d