Abu Dhabi National Energy Company PJSC (TAQA) announced two farm-in agreements with a subsidiary of Fairfield Energy Limited (Fairfield) for oil and gas licenses in the UK North Sea.
Leo Koot, managing director of TAQA Bratani Limited said, "These licenses are located adjacent to our existing core infrastructure and represent an excellent opportunity for TAQA to expand its footprint in the Northern North Sea. Darwin has very exciting exploration and development potential and we look forward to working with Fairfield to appraise the opportunity. The activity that will result from this transaction and other agreements we have entered into during the past year speak directly to our long-term commitment to the region."
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