Jul 18, 2024 · Canada's Tenaz Energy on Thursday said it had entered into an agreement with NAM, a joint venture between Shell , ExxonMobil and the Dutch government, to acquire all issued and outstanding...

Jul 29, 2024 · SHELL and ExxonMobil have agreed to sell their joint Dutch North Sea venture to Canadian company Tenaz Energy in a deal worth US$246m, further distancing themselves from the shrinking Netherlands gas market.

Sep 6, 2022 · Shell and Exxon Mobil have put up for sale one of Europe's largest and oldest natural gas production ventures, betting on soaring energy prices amid tensions with Russia to attract buyers,...

Jul 21, 2024 · (WO) – Tenaz Energy Corp. has entered into an agreement with Nederlandse Aardolie Maatschappij B.V. (“NAM”), a 50/50 joint venture between Shell and ExxonMobil, to acquire all of the issued...

Jul 19, 2024 · The firm will not get additional interest in the NGT system and will keep its current 21.3% equity interest. Aside from a base payment at closing, three potential contingent payments to NAM may be triggered by future financial performance, …

Jul 30, 2024 · These assets are currently operated by Shell through Nederlandse Aardolie Maatschappij (NAM), a joint venture between Shell and ExxonMobil. Shell interests in the sale includes 11 gas fields and one exploration prospect in the U.K. Southern North Sea, as well as the onshore Bacton Terminal.

Jul 19, 2024 · Canadian independent Tenaz Energy has agreed to acquire NAM Offshore — a 50:50 joint venture between supermajors Shell and ExxonMobil — in a €165 million (US$180.3 million) deal that will make it...

Tenaz Energy (OTCPK:ATUUF) said Thursday it agreed to acquire NAM Offshore from a Shell-Exxon Mobil (SHEL) (XOM) joint venture for ~€165M ($180M), which the Canadian company said will position...

Shell on the future of NAM. With the closure of the Groningen gas field, NAM is adjusting its organisational structure. The Groningen field and the underground gas storage facilities in Norg and Grijpskerk will be separated from the other oil and gas activities elsewhere in the country, also known as the small fields.

Jul 19, 2024 · Tenaz Energy Corp. has an agreement with Nederlandse Aardolie Maatschappij (NAM), the joint venture in the Netherlands between Shell and ExxonMobil Corp., to acquire NAM Offshore for €165 million ($246 million).