Canada’s Tenaz Energy (TNZ.TO), opens new tab on Thursday said it had entered into an agreement with NAM, a joint venture between Shell (SHEL.L), opens new tab , ExxonMobil (XOM.N), opens new tab and the Dutch government, to acquire all issued and outstanding shares of NAM Offshore B.V. for 165 million euros($180.33 million).
The Nederlandse Aardolie Maatschappij operates the Groningen gas field in the Netherlands.
Tenaz has operations in Canada along with offshore gas assets in the Netherlands.
Source: REUTER
