Taqa

  • TAQA to Support ADSW 2021

    TAQA to Support ADSW 2021

    Tuesday, 19th January 2021

    Masdar Company announced that Abu Dhabi National Energy Company (TAQA) intends to support Abu Dhabi Sustainable Week 2021 (ADSW), which is the global platform aiming at accelerating sustainable development, as Energy’s Sector Partner.

  • TAQA to Construct 180 Natural Gas Stations in Three Years

    TAQA to Construct 180 Natural Gas Stations in Three Years

    Sunday, 10th January 2021

    The CEO of TAQA Arabia, Khaled Abu Bakr, stated that the company will build 180 natural gas station with investments about EGP 3.6 billion till 2023, according to the Kelma Akhira program presented by Lamees El Hadidi.

  • Saudi Arabia’s ARGAS to Expand Operations Globally

    Saudi Arabia’s ARGAS to Expand Operations Globally

    Thursday, 21st May 2020

    Saudi Arabia-founded Arabian Geophysical and Surveying Company (Argas), the largest seismic acquisition company in Mena, is to expand its business internationally.

  • TAQA’s Net Profits Dip 54% in 9 Months

    TAQA’s Net Profits Dip 54% in 9 Months

    Thursday, 7th November 2019

    Abu Dhabi National Energy Company (TAQA) announced that the consolidated net profit for the nine-month period ended September 30, 2019, was negatively impacted by unfavorable mark-to-market movements generated by an energy price reduction and the reimplementation of the regional greenhouse gas initiative in New Jersey which impacted Red Oak, the Group’s US-based power asset, citing Emirates News Agency.

  • TAQA Issues $500 MM Bonds

    TAQA Issues $500 MM Bonds

    Monday, 30th September 2019

    The 30-year bonds will carry a coupon and re-offer yield to maturity of 4%, which is due in October 2049.

  • TAQA Sets New Production Record in Atrush Field

    TAQA Sets New Production Record in Atrush Field

    Thursday, 22nd August 2019

    The Abu Dhabi National Energy Company (TAQA) announced that its Iraq-based unit has set a production record from the Atrush oilfield in the Northern Kurdistan Region of Iraq (KRI).

  • TAQA to Acquire Two US Companies

    TAQA to Acquire Two US Companies

    Tuesday, 7th May 2019

    TAQA plans two acquisitions in North America of companies working in the areas of oilfield services technology and manufacturing, by the end of the year.

  • ADC to Acquire Schlumberger’s Middle East Onshore Drilling  Business

    ADC to Acquire Schlumberger’s Middle East Onshore Drilling Business

    Tuesday, 30th April 2019

    Arabian Drilling Company (ADC), a drilling subsidiary of Saudi Arabia’s Industrialization and Energy Services Company (TAQA), plans to acquire Schlumberger’s Middle East onshore drilling rigs business in Kuwait, Oman, Iraq and Pakistan.

  • TAQA Arabia and Castrol Establish New Joint Venture

    TAQA Arabia and Castrol Establish New Joint Venture

    Monday, 4th June 2018

    Qalaa Holdings has announced the establishment of a new joint venture between its subsidiary TAQA Arabia and BP subsidiary Castrol with EGP 20 million capital.

  • TAQA Starts Oil Production at Iraq’s Atrush Block

    TAQA Starts Oil Production at Iraq’s Atrush Block

    Wednesday, 5th July 2017
    TAQA announced the start of oil production at its Atrush Block in the Iraqi Kurdistan.