Middle East Economic Survey

VOL. LII

No 41

12-Oct-2009

UAE

TAQA Completes Acquisition of DSM Energy

The Abu Dhabi National Energy Company (TAQA) said last week that its wholly owned subsidiary, TAQA Energy, has completed the 285mn acquisition of 100% of the share capital of DSM Energie Holding from Netherlands based company Royal DSM. The sale includes non-operated interests in the pipeline company Noordgastransport, three other pipelines and 20 producing oil and gas fields in the Dutch North Sea....