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Article: Netherlands: Taqa subsidiary buys Dutch oil firm DSM Energie Holding.
- Article from:
- TendersInfo
- Article date:
- July 31, 2009
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Byline: pinto03
Arabian Business reported that Abu Dhabi National Energy Company s subsidiary Taqa Energy is to buy Dutch oil and gas exploration and production firm DSM Energie Holding for USD 404 million.
It said that the acquisition from DSM Energy s parent company, Royal DSM, includes non operated interests in pipeline company Noordgastransport, 3 other pipelines and 20 producing oil and gas fields in the Dutch North Sea.
The firm said that Taqa will be provided with an additional daily production of around 5,000 barrels of oil equivalent, of which 85% is natural gas. DSM Energy said that its total production in 2008 was the equivalent of ...