TAQA at a Glance

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
Founded June 2005
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