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Abu Dhabi: Abu Dhabi National Energy Co., the state-controlled energy company known as Taqa, has agreed to buy EnCore Oil Nederland B.V., a wholly owned subsidiary of EnCore Oil Plc.
Taqa will pay $5.5 million for the EnCore unit, which has a 10 percent stake in the Amstel field offshore the Netherlands, the Abu Dhabi-based company said in an e-mailed statement.
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