NAEDC gains Yme field interests

Norske AEDC (NAEDC), a wholly owned Norwegian subsidiary of Arabian Oil Co, has acquired 10% interests in production licenses PL316, PL316B, PL316CS, and PL316DS from Talisman Energy Norge (Talisman).
Feb. 25, 2009

Offshore staff

TOKYO -- Norske AEDC (NAEDC), a wholly owned Norwegian subsidiary of Arabian Oil Co, has acquired 10% interests in production licenses PL316, PL316B, PL316CS, and PL316DS from Talisman Energy Norge (Talisman). The PL316 and PL316B blocks include Yme oil field, which is scheduled to come onstream later this year.

02/25/2009

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