Abu Dhabi’s oil major spreads net to North Sea - Telegraph

But TAQA Bratani, an arm of the Emirate's national energy company, has become Aberdeen's most unlikely resident in recent years, having set up camp three years ago in the oil capital of Europe.

It's not the inhospitable climate that makes the move so unlikely, but the fact that Abu Dhabi is sitting on 92bn barrels of proven oil reserves, producing 2.5m barrels per day. The UK produces a similar amount, but has only 12bn barrels left – and hundreds of companies all trying to suck oil out of the same basin.

Yet at a time when Britain's oil majors, from BP to Royal Dutch Shell, are growing weary of the mature oil fields they have nursed since the 1970s, TAQA is excited by the region.

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