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Taqa buys oil blocks from Shell, Exxon
- United Arab Emirates: Saturday, September 05 - 2009 at 09:18
The Abu Dhabi National Energy Co (Taqa) has bought four exploration blocks in Britain's North Sea from Royal Dutch Shell and Exxon Mobil, Taqa's UK subsidiary has said in a statement. The blocks were near North Sea assets that Taqa had previously acquired for $631m in 2008 from Shell and Exxon.
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Medilyn Manibo, Assistant News EditorSaturday, September 05 - 2009 at 09:18 UAE local time (GMT+4)
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