Geneva-based Addax, responsible for managing the Chinese giant's 49% stake in the Talisman Sinopec Energy UK (TSE UK) venture, on Thursday opened a dedicated UK office in Aberdeen to support that business and Addax’s growth in the region.
Speaking from Aberdeen, senior vice president of development and growth strategy, John Baillie, suggested other deals may not be far away.
Baillie said: “We are here to develop a growth plan for the UK continental shelf and start to work with our partners in the Aberdeen network and community to continue that growth plan.
“We