OSLO / WAM UAE-linked Norwegian oil and gas operator DNO ASA, announced completion of testing and appraisal of the Baeshiqa-2 exploration well in the Kurdistan Region of Iraq. The testing has proven oil and gas in three separate Triassic aged reservoirs, Kurra China A, B and C, with testing also carried out on shallower Jurassic-aged reservoirs. Evaluation of the test ...

ABU DHABI / WAM The National Central Cooling Company (Tabreed) released on Thursday its consolidated financial results for the first three months of 2020, reporting net profit of AE 82.2 million, an increase of three percent compared to its 2019 Q1 performance. The company said in a statement that it has taken every precaution to ensure continuous uninterrupted service is ...

DUBAI / WAM The Dubai Chamber of Commerce and Industry revealed that it completed 106,145 electronic transactions during March and April this year, making it easier for its members to conduct their business, and reinforcing the chamber’s commitment to ensure business continuity in the emirate. The e- transactions accomplished by the chamber during this period covered, most notably Certificates of ...