Press releases

TAQA appoints UK, Iraq Managing Directors

TAQA has appointed Pete Jones to the position of Managing Director for TAQA’s UK oil and gas business. Mr Jones succeeds Leo Koot who has been appointed Managing Director of TAQA in Iraq.

TAQA Q1 2013 Results

TAQA today reported its Q1 2013 operational and financial results.

Cormorant Alpha update

TAQA today issued an update regarding the situation at the Cormorant Alpha platform in the UK North Sea:

Government approval for TAQA’s Cladhan field development plan

TAQA today announced that the development plan for its Cladhan field has been approved by the UK government.

President of Ghana inaugurates TAQA power plant expansion

TAQA celebrated the ground-breaking ceremony of the Takoradi 2 power plant expansion project in Ghana. Once complete, the plant will account for approximately 15 per cent of Ghana’s generation capacity, providing power to more than a million people.

TAQA, CWM Abu Dhabi to develop Dalma Island waste-to-energy demonstration facility

TAQA and The Center for Waste Management – Abu Dhabi (CWM) have extended their partnership by signing a Collaboration Agreement to study and develop a waste-to-energy demonstration facility at Abu Dhabi’s Dalma Island.

TAQA’s Oil & Gas appoints Director of New Ventures in Abu Dhabi

TAQA has appointed Saeed Saad Al-Menhali as Director - New Ventures for the company’s oil & gas business stream

TAQA Full Year 2012 Results

TAQA today reported its full year 2012 operational and financial results.

TAQA starts process to restore Brent crude oil flows

TAQA confirms that a hydrocarbon release was detected in one of the Cormorant Alpha platform legs in the northern UK North Sea.

Incident in Morocco

TAQA confirms that an individual working at the Jorf Lasfar construction site in Morocco died on Friday morning.

TAQA invites companies to qualify for UAE’s first waste-to-energy plant

TAQA, the global energy company based in Abu Dhabi, has invited companies to submit qualifications ahead of tendering the engineering, procurement and construction (EPC) contract for the UAE’s first waste-to-energy plant.

TAQA scoops financing awards for Morocco, Ghana deals

TAQA has been named winner of two awards in recognition of its contribution to financing energy infrastructure in Africa at the 14th Project Finance Magazine Awards event in London.

TAQA makes Northern North Sea oil discovery

TAQA has discovered oil in the new Darwin oil field in the Northern North Sea area near the Shetland Islands in Scotland.

TAQA Preliminary Financial Results for FY 2012

TAQA today reported its preliminary, unaudited financial results for the year ending 31 December 2012. These preliminary results are subject to changes that may result from the final determination of certain accounting estimates.

AmCham Abu Dhabi recognises TAQA for commitment to US - UAE relations

TAQA has won the prestigious 2013 Falcon Award in recognition of its outstanding commitment to sustainable US - UAE business relations at the 3rd Annual AmCham Abu Dhabi Excellence Awards Gala charity event in Abu Dhabi.

TAQA closes financing for Morocco power plant expansion

TAQA has signed final agreements marking the close of the USD 1.4 billion equivalent project financing for the expansion of the Jorf Lasfar power plant in Morocco

TAQA completes financing for Ghana power plant expansion

TAQA and its partner, Volta River Authority (VRA), have completed the USD 330 million financing for the expansion of the Takoradi 2 power plant in Ghana.

TAQA confirms initial flows in Brent pipeline system

TAQA confirms that initial flows of crude oil have resumed in the Brent pipeline system following a precautionary shutdown on Monday.

TAQA starts pilot for solar cooling technology in Abu Dhabi

TAQA and Chromasun Inc., the California-based solar panel manufacturer, have begun a pilot project for roof-top solar air-conditioning in Abu Dhabi.

TAQA expands in India with hydroelectric project

TAQA has acquired an interest in Himachal Sorang Power Limited (HSPL), the developer of a 100 megawatt (MW) hydroelectric plant in the northern Indian state of Himachal Pradesh.

TAQA expands in North America with wind power investment

Abu Dhabi National Energy Company PJSC (TAQA) has agreed to buy a 50% interest in the 205.5 megawatt (MW) Lakefield wind project located in the Midwestern United States from a subsidiary of France-based utility Electricite de France SA (EDF).

TAQA enters exclusive talks for major Turkish power development

The Republic of Turkey and the United Arab Emirates today signed an Intergovernmental Agreement for the development of power plants and associated mines in the Afsin-Elbistan region of Turkey.