Taqa | Egypt Oil & Gas - Part 3
Abu Dhabi’s Taqa Posts Q1 Loss Hurt by Low Oil Prices
Abu Dhabi National Energy (TAQA), the state-owned oil explorer and power supplier, reported a first-quarter net loss hurt by low oil prices. The company, majority-owned by Abu Dhabi’s government, reduced its fir...
Taqa Taps First North Sea Oil
Abu Dhabi’s National Energy Company, Taqa announced it had tapped first oil from the Cladhan field in the UK North Sea, World Oil reported. The Cladhan field development consists of three wells and is to produc... TAQA to Build New Solar Plants in Egypt
In a press release published by the Cairo Post, TAQA Arabia announced the signing of a new agreement with the Egyptian Electricity Transmission Company and the New and Renewable Energy Authority, which will establish ...
Taqa to Divest Itself of its Sole US Wind Power Asset
Abu Dhabi National Energy Co., or Taqa, has filed with US energy regulators to sell its stake in the Lakefield wind power plant in the U.S. state of Minnesota, reported Reuters. The filing asks for authorisation of th...
Oil Prices Force Taqa to Shift Gears
Abu Dhabi National Energy Company (Taqa) posted a net loss in the third-quarter as revenues were hit by weak oil prices, reported Trade Arabia. “During the first three quarters, we have continued to position Taqa to w... TAQA Using Indian Operations to Bolster Revenues
Abu Dhabi National Energy Company (TAQA) has begun selling electricity from its hydro-power project in northern India, reported Reuters. This will provide the company with another revenue stream after its profits were... TAQA Arabia, EGB Strike A Deal to Finance National Gas Project
TAQA Arabia announced in a press release that it has reached an agreement with the Egyptian Gulf Bank (EGB) over financing the project connecting household units and businesses to the national gas grid. The agreement ...
Khaled Abu Bakr: New Gas Find Will Change the Energy Map for Egypt and the World
Khaled Abu Bakr, Executive Chairman of Taqa Arabia, said that the greatest challenge facing Egypt is legislative, reported Yum7. Laws must be amended in a way congruent with present requirements, especially in a way t...
