Canada’s Tenaz Energy has set the stage to become the second largest operator in the Dutch sector of the North Sea (DNS) by acquiring all of the issued and outstanding shares of NAM Offshore.

NOBV Netherlands Tenaz Energy Nederlandse Aardolie Maatschappij National Bank of Canada Dutch North Sea Anthony Marino Rotliegend Sandstone Joint Development Area Offshore UK-based Ameland Upon Shell-ExxonMobil President