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			<p id="updated">Posted  AT 6:24 AM EST on 05/09/08</p>
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			<h2>GDF Suez to buy NAM's North Sea assets</h2>
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<p class="source">The Associated Press</p>    
			
	
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			PARIS &#151; French energy giant GDF Suez said Friday it is in exclusive talks with Dutch oil company NAM to acquire oil and gas assets in the North Sea for &#8364;1.075-billion ($1.56-billion U.S.).

The acquisition is a step toward achieving GDF Suez's medium-term objective of lifting its proven and probable reserves to 1.5 billion barrels of oil equivalent, executive vice president for global gas Jean-Marie Dauger said in a statement.
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