TAQA Bratani will assume responsibility for the decommissioning liabilities relating to these fields and infrastructure, the companies say.
Author: Ksenia Kochneva
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Shell and ExxonMobil Sell North Sea Assets
The other side of the deal is TAQA Bratani, a wholly owned subsidiary of Abu Dhabi National Energy Co
Shell UK (Shell), Esso Exploration and Production UK, (ExxonMobil), Mobil North Sea (ExxonMobil), and Enterprise Oil UK (Shell) have completed the final sale and transfer of a number of northern North Sea assets to TAQA Bratani, a wholly owned subsidiary of Abu Dhabi National Energy Co. (TAQA).
The assets include equity and operatorship of Tern, Kestrel, Eider, Pelican, Cormorant North and South Cormorant fields (TENC-CA), and related infrastructure, a non-operated interest in Hudson, and equity interests in the Sullom Voe Terminal and Brent system.
TAQA Bratani will assume responsibility for the decommissioning liabilities relating to these fields and infrastructure, the companies say.
Author: Ksenia Kochneva
TAQA Bratani will assume responsibility for the decommissioning liabilities relating to these fields and infrastructure, the companies say.
Author: Ksenia Kochneva
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