Norwegian oil firm DNO set back in Q2

DNO books new deficit for the second quarter and prepares to increase investments.

Photo: Eric Gay/AP/Ritzau Scanpix

Norwegian oil company DNO Thursday presents a bottom-line deficit of USD 63.6 million in Q2 against earnings of USD 68 million in the same quarter last year.

Sales also waned significantly: from USD 206 million last year to the current USD 72 million.

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