DNO’s Mondoil purchase allows RAK-P to enter voluntary liquidation


Issue 1157 - 19 Oct 2022 | 2 minute read

Oslo Stock Exchange-listed DNO confirmed that it had bought Mondoil Enterprises from RAK Petroleum plc (RAK-P), which is now delisting from the Oslo Børs as the Ras Al-Khaimah enterprise will be liquidated in an arrangement agreed with UK commercial courts. The Mondoil funds will be distributed to RAK-P shareholders.

Want to read more?

Subscribe to Gulf States Newsletter

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles and set up news alerts.

Register

Join our community

Sign up for an account to gain:

  • Set up news alerts on the countries and sectors that matter to you.
  • Free access to newsletter articles under 100 words.
  • Free access to GSN View articles articles.


View a selection of Free articles

Explore subscription options

Follow us on Google News