Business | Oil & Gas
Taqa buys six North Sea operating licenses from Shell, Esso
Abu Dhabi: Abu Dhabi National Energy Co., the state-controlled investment company known as Taqa, bought six offshore operating licenses and two non-operated sub-sea tiebacks, or satellite fields, in the North Sea.
- Bloomberg
- Published: 14:14 July 7, 2008
Abu Dhabi: Abu Dhabi National Energy Co., the state-controlled investment company known as Taqa, bought six offshore operating licenses and two non-operated sub-sea tiebacks, or satellite fields, in the North Sea.
Subsidiary Taqa Bratani Ltd. bought the permits from Royal Dutch Shell Plc unit Shell UK Ltd. and Esso Exploration & Production UK Ltd., the Abu Dhabi-based company said today in a statement posted on the Web site of the Abu Dhabi bourse.
More from Oil & Gas
More from Business
Business Editor's choice
-
Saudi-Bahraini economic ties hit new high
Whilst press reports continue speculating on a possible new political structure defining ties between Saudi Arabia and Bahrain, facts on the ground confirm ever- stronger economic ties between the two neighbours
-
Cupid targets the Fed with early tweets
Declarations range from pure romance to cute overtures and racier fare
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
