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Thursday, 21 August, 2008, 21:20 GMT | more prices >>

Taqa completes Brae buy



By Upstream staff 

The Abu Dhabi National Energy Company (Taqa) said today its subsidiary Taqa Bratani has completed its acquisition of Talisman Energy's non-operated interests in the UK North Sea Brae area.

Taqa chief executive Peter Barker-Homek said: “Our vision is to establish Taqa as a global energy company that now has $21billion in high-quality assets.

"The Brae area infrastructure has significant future growth potential and provides a robust, reliable base for Taqa to build and grow our UK business."


Thursday, 03 January, 2008, 13:21 GMT  | last updated: Thursday, 03 January, 2008, 13:21 GMT

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