Saudi Arabia’s ARGAS to Expand Operations Globally
Saudi Arabia-founded Arabian Geophysical and Surveying Company (Argas), the largest seismic acquisition company in Mena, is to expand its business internationally.
Taqa | Egypt Oil & Gas - Part 2
TAQA’s Net Profits Dip 54% in 9 Months
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 ...
TAQA Issues $500 MM Bonds
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
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 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
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, O ...
TAQA Arabia and Castrol Establish New Joint Venture
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 announced the start of oil production at its Atrush Block in the Iraqi Kurdistan.
TAQA’s Profits in Morocco Grew by 5%
TAQA, an Abu Dhabi national energy company, announced that the first-half net profit at its Moroccan unit for 2016 improved as it took advantage of low coal prices.
