Taqa has contingency plan for $1bn North Sea decom bill
Taqa's UK operation has a $1billion contingency plan for North Sea decommissioning.
Taqa
Taqa picks OneSubsea for North Sea job
OneSubsea has clinched a contract to set up a multiphase boosting system on the North Sea Otter field.
TAQA begins production in Kurdish oil field
Abu Dhabi National Energy Company (TAQA) has begun oil production at its Atrush Block in Iraq’s Kurdish region.
Taqa posts first quarterly profit since 2015
Abu Dhabi National Energy Company posted its first quarterly profit since 2015 and is considering boosting investments in existing oil and natural gas assets that may increase production from Canada to Iraq.
Ex-Taqa boss Koot takes charge at LGO Energy
Former Taqa UK boss Leo Koot has taken on the executive chairman role at Trinidad-focused LGO Energy.
Taqa to sell North America energy assets
Abu Dhabi National Energy Co., the government-run company known as Taqa, is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year.
Taqa completes two-year transformation project
North Sea operator Taqa said yesterday it had completed a two year transformation project, achieving savings of £2.9billion across its global business.
TAQA acting MD to co-chair Step Change leadership team
Step Change in Safety (SCiS) has appointed the acting managing director of TAQA as new co-chair of its leadership team.
Highlander to leave manager role at Taqa
The Aberdeenshire-based managing director of Taqa’s European business is leaving the company.
Taqa to press ahead with North Sea exploration despite $1billion write down
Abu Dhabi’s North Sea operations booked a $1.1billion (£915.5million) impairment on its assets, driving its results deep into the red for 2015.
Now open: entries for Offshore Achievement awards 2017
Following its launch during last month’s Intelligent Energy event, entries have opened today for the 2017 Offshore Achievement Awards.
Taqa debt beats Middle East as Abu Dhabi utility mulls bond sale
Abu Dhabi National Energy Co. bonds are outperforming regional debt just as the government-controlled utility known as Taqa considers selling more debt this year to pay off bonds.
Taqa slashes CAPEX by 73%, posts first half loss
Taqa’s slash and burn CAPEX strategy still resulted in a first half loss for the firm.
TAQA makes senior appointment
TAQA today announced the man in charge of the company's restructuring project, Saeed Hamad Al Dhaheri, is to become acting chief operating officer.
TAQA sees revenue drop 24%, makes AED 1billion in savings
A 43% drop in TAQA’s oil and gas business forced the group’s revenue down by 24%, dropping to AED 3.9billion.
Taqa reports $166m loss in first quarter
Abu Dhabi National Energy Co., which produces oil and natural gas from Canada to North Africa, reported a net loss for the first quarter as revenue declined because of lower crude and natural gas prices.
TAQA reiterates commitment to oil and gas assets, denies merger talks
TAQA, the Abu Dhabi based energy company, responding to reports it was considering selling its international oil and gas assets said it remains committed to investing in its portfolio.
TAQA said to be mulling hiving off oil and gas assets
Abu Dhabi National Energy Co is considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity as it focuses on its core business of power generation and water production.
Peterson wins five-year North Sea contract with TAQA
Energy logistics provider Peterson has secured a deal with operator TAQA to support the Middle East company's North-Sea assets.
Wood Group wins two-year North Sea deal
Wood Group has landed a two-year North Sea deal with Taqa.
Taqa gets its North Sea costs down by 30%
The UK North Sea arm of Middle East energy firm Taqa cuts its overheads by 30% during 2015 as the industry waged war on costs.
Taqa hit by losses, 900 job cuts since 2014
Abu Dhabi National Energy Co., the government-controlled utility pumping crude and natural gas from Canada to the UK, said it’s cutting capital expenditure and planning to sell assets after low oil prices slashed oil and gas revenue by almost half.
Taqa confirms production has restarted on Harding
Taqa has confirmed production has recommenced on its Harding platform which was shut down following a gas leak at the weekend.
Harding platform likely to resume production today says TAQA
Production is expected to recommence later today on TAQA's Harding platform which was shut down following a gas leak at the weekend.
North Sea platform shut down after minor gas leak
A North Sea oil platform has been shut down after a gas leak this weekend.