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BREAKING NEWS

Taqa invests over $1bn in UK oil fields

London, November 28, 2012

 

Abu Dhabi National Energy Co (Taqa), majority-owned by the Abu Dhabi government, is investing over $1 billion in British North Sea oil fields owned by BP, sources familiar with the deal said on Wednesday.
 
The deal follows changes to the tax treatment of North Sea oil assets, the sources said. - Reuters
 



Tags: BP | Taqa | Oil | North Sea |

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