Abu Dhabi National Energy (Taqa) plans to sell a group of small Canadian oilfields and is weighing the sale of more assets as it reviews its portfolio.
Taqa North, a subsidiary of the majority government-owned company, is set to close the sale of the oilfields in Saskatchewan by March of next year, according to a filing yesterday with the Abu Dhabi Securities Exchange.
Taqa did not disclose the buyer or the value of the sale.
Taqa North, a subsidiary of the majority government-owned company, is set to close the sale of the oilfields in Saskatchewan by March of next year, according to a filing yesterday with the Abu Dhabi Securities Exchange.
Taqa did not disclose the buyer or the value of the sale.
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