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Taqa buys North Sea interests

Abu Dhabi National Energy has acquired a range of assets in the North Sea from Shell and ExxonMobil in a move that highlights the growing presence of smaller independents in the region and the determination of the behemoths to cut and run.

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MARK SMITH, Deputy Business Editor

Abu Dhabi National Energy has acquired a range of assets in the North Sea from Shell and ExxonMobil in a move that highlights the growing presence of smaller independents in the region and the determination of the behemoths to cut and run.