Tenaz Energy to acquire NAM Offshore from Nederlandse Aardolie Maatschappij for €165m.

Tenaz Energy, a public energy company, agreed to acquire NAM Offshore, offshore assets, from Nederlandse Aardolie Maatschappij, a company that explores, developes and produces oil and gas, for €165m. “This acquisition is an important step in our strategy of securing value enhancing acquisitions that have substantial organic investment opportunities. We welcome NOBV’s workforce of highly skilled and experienced professionals who will be critical to the continued success of Tenaz. We are delighted to invest in the revitalization and sustainability of the Netherlands energy industry, and we look forward to establishing our Dutch headquarters near the existing NOBV office in the Netherlands,” Anthony Marino, Tenaz President & CEO.