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DNO secures North Sea oil offtake agreements with ExxonMobil and Shell

DNO secures North Sea oil offtake agreements with ExxonMobil and Shell

by Offshore Reporter | Dec 18, 2025 | Offshore

DNO ASA has secured North Sea oil offtake agreements with subsidiaries of Exxon Mobil and Shell, unlocking up to $410 million in related financing facilities effective January 2026. The agreements strengthen DNO’s balance sheet and support continued growth amid volatile markets.

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