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United Arab Emirates to drill for oil

United Arab Emirates to drill for oil
The UAE's state-owned Abu Dhabi National Energy Co. has acquired four exploration blocks in Britain's North Sea.

The UAE's state-owned Abu Dhabi National Energy Co. has acquired four exploration blocks in Britain's North Sea.

The UAE's state-owned Abu Dhabi National Energy Co. has acquired four exploration blocks in Britain's North Sea.

The blocks were purchased for an unspecified amount from Royal Dutch Shell and Exxon Mobil, Middle East Newsline reported. In a Sept. 3 statement, Abu Dhabi National Energy, or Taqa, said it would begin drilling in the North Sea in 2010.

www.TurkishMaritime.com.tr

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