TAQA is an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents. The word TAQA means energy in Arabic.
TAQA strives to run its company safely and sustainably, operating to the highest ethical standards. The company is proud to align its strategy to Abu Dhabi’s Economic Vision 2030, a road map for a sustainable economy with a focus on knowledge-based industry.
TAQA has investments in power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. The company's assets are located in Canada, Ghana, India, Iraq, Morocco, Oman, Saudi Arabia, the United Arab Emirates, Netherlands, United Kingdom and United States.
|Full name||Abu Dhabi National Energy Company PJSC (TAQA)|
|Nature of business||Oil and gas exploration and production, pipelines, underground gas storage, power generation and water desalination|
|2016 revenue||AED 16.1 billion|
|2016 loss||AED 19.0 billion|
|Total assets as at 31 Dec 2016||AED 104.5 billion|
|Number of employees as at 31 Dec 2016||~2,700|
|Operating in||North America, Europe, Middle East, North Africa and India|
|Listed||August 2005 on the Abu Dhabi Securities Exchange|
|Shareholders||- Abu Dhabi government: 75.2%
- Public shareholders: 24.8%
|2016 power generation capacity||17,410 megawatt|
|2016 water desalination capacity||917 million imperial gallons a day|
|2016 oil and gas production||137,300 barrels of oil equivalent a day|
* $1.00 = 3.6725 dirham