NAM, GDF SUEZ sign sale and purchase agreements

Nederlandse Aardolie Maatschappij BV (NAM) and GDF SUEZ have signed sales and purchase agreements for NAM assets situated along the NOGAT pipeline, covering exploration, production, and transportation of oil and gas in the Dutch North Sea.

Offshore staff

ASSEN, The Netherlands -- Nederlandse Aardolie Maatschappij BV (NAM) and GDF SUEZ have signed sales and purchase agreements for NAM assets situated along the NOGAT pipeline, covering exploration, production, and transportation of oil and gas in the Dutch North Sea.

The $1.5 billion transaction is expected to be completed by early 2009.

10/01/2008

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