Tawke field partners in the Kurdish Regional Government (KRG) received $54.73 million for November 2017 crude oil deliveries, Norway's DNO announced Thursday.
According to field partner DNO, the funds will be shared pro-rata by DNO and partner Genel Energy.
DNO said that separately, a payment of $4.70 million from the KRG had been received net to DNO, representing 3 percent of gross Tawke license revenues for November 2017, as per the recent receivables settlement agreement.
DNO operates and has a 75 percent interest in the Tawke license.
By Murat Temizer