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FINANCIAL NEWS
Abu Dhabi’s TAQA to resume ops on North Sea oil pipeline
09 Mar 2013
(MENAFN) Abu Dhabi National Energy Company (TAQA) has begun the process of putting the flow of an estimated 80,000 barrels per day of crude oil in the Brent pipeline system back in line, following a precautionary shutdown at the beginning of March, Arabian Business reported.
The pipeline system, which runs through the Cormorant Alpha platform, was shut down following a small hydrocarbon leakage in one of the platform’s legs was detected.
Cormorant Alpha is operated by TAQA Bratani Ltd and is located 232 miles from Peterhead, Scotland and 94 miles from Lerwick in the Shetland Islands.
TAQA said in a statement that investigations have found no connection between the Brent pipeline system and the pipeline involved in the release.
It added that the hydrocarbons released were contained within the platform leg and none entered the environment.
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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