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Waldorf Production has struck deals to buy the Netherlands businesses of fellow North Sea producers TAQA and Dana Petroleum.

Dana, owned by Korea’s KNOC, confirmed a Sale and Purchase agreement has been reached, though did not disclose financial details.

The firm has interests in 21 oil and gas fields including the De Ruyter, Hanze, Van Ghent and Van Nes fields in the Dutch sector.

In a separate short statement, UAE-headquartered TAQA disclosed it has agreed to sell its TAQA Energy BV subsidiary on a 100% basis.

Terms have not been disclosed and the deal remains subject to third-party approvals.

TAQA’s assets include the the P15 and P18 blocks, 21 miles northwest off the coast of Hoek van Holland, consisting of oil and gas production facilities including the central P15-ACD complex and several satellite production platforms.

It also has the Bergen II onshore production area.

The deals do not impact operations in the UK North Sea.