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ADNOC, TAQA sign technical cooperation agreement 10 Nov 2015

ADNOC and TAQA signed a technical cooperation agreement for evaluating future development of hydrocarbon resources in Abu Dhabi.

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ABU DHABI, United Arab Emirates - Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have signed a technical cooperation agreement aimed at evaluating a number of integrated technologies and solutions related to the development of hydrocarbon resources in Abu Dhabi.

The signing took place on the sidelines of the eighteenth Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) taking place between 9 - 12 November.

Under the terms of the agreement, the two companies will cooperate in carrying out a number of studies and projects to overcome various challenges related to developing tight gas and tight oil reservoirs.

Yasser Al Mazrouei, ADNOC’s Deputy Director of E&P and Saeed Hamad Al Dhaheri, TAQA’s Executive Vice-President of Business Support signed the agreement in the presence of other senior officials from both companies.

Al Mazrouei said that the signing of the agreement comes in the context of the development of exploration and production operations in the oil and gas sector by employing modern technology and the exchange of experience and knowledge through research development and technology development. He added that ADNOC seeks a permanent basis for cooperation and partnerships for the development of the oil and gas sector.

"The signing of this agreement comes in the context of exploration and production operations in the oil and gas sector by employing modern technologies and exchange of experience and knowledge,” said Yasser Al Mazrouei. “ADNOC always strives to develop new wells containing good hydrocarbon resources through collaboration and creating partnerships. We are delighted to collaborate with TAQA in the area of research and execution of projects aiming at finding solutions for many technical difficulties and challenges facing gas development and production from unconventional resources. This will add more value to the projects and operations of ADNOC, and enhance the position and role of Abu Dhabi in the global oil and gas industry."

"This is a landmark agreement for TAQA and a step forward to achieve further development of its operations,” said Saeed Hamad Al Dhaheri. “We are looking forward to working and cooperating with a large company like ADNOC, to combine our capabilities and capacities, and employing our knowledge and resources to identify areas of mutual cooperation that will assist in the continued progress and growth of Abu Dhabi."

- ENDS -

About TAQA

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, Kurdistan Region of Iraq, Netherlands, United Kingdom and United States.

TAQA appoints Ryan Wong as acting CFO 10 Sep 2014
TAQA has appointed Ryan Wong to the position of acting Chief Financial Officer (CFO) effective 1 October.
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Abu Dhabi, United Arab Emirates – TAQA, the Abu Dhabi National Energy Company, has appointed Ryan Wong, currently Group Vice-President Treasury, to the position of acting Chief Financial Officer (CFO) effective 1 October.

Mr. Wong will replace Stephen Kersley, who held the role of CFO since May 2011 and has decided to leave the company effective 1 November 2014.

Ed LaFehr, Chief Operating Officer of TAQA, commented: “Steve led a significant upgrading of TAQA’s financial processes, systems, and treasury operations. We wish him well for the future and thank him for his service over the past years.”

Ryan Wong joined TAQA in 2008 and brings to the role 35 years of financial and treasury experience.

TAQA appoints Saeed Al Dhaheri to Executive Team 6 Sep 2014
TAQA has appointed Saeed Hamad Al Dhaheri to the position of Executive Vice President Human Resources and General Services.
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Abu Dhabi, United Arab Emirates - TAQA, the Abu Dhabi National Energy Company, has appointed Saeed Hamad Al Dhaheri to the position of Executive Vice President Human Resources and General Services.

Mr. Al Dhaheri has more than 12 years of experience from the human resource industry in Abu Dhabi. He joins TAQA from government-owned Abu Dhabi Media Company where he led the human resources, procurement and administration functions. Mr. Al Dhaheri has also served on the Board of Directors of United Printing & Publishing and previously held human resources leadership positions at Etihad Rail  and Abu Dhabi Health Services Company - SEHA.

In June 2014, TAQA initiated a significant restructuring and strategy development process with a focus on enhancing Emiratisation efforts.

UAE Foreign Minister visits TAQA's Canada offices 14 Jul 2014
TAQA welcomed His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, to its offices in Calgary, Alberta during a state visit.
(From left to right): Ali Almehrezi - Emirati Summer Student, TAQA; Khaled Al Sayari - Head of Government and Public Affairs, TAQA; Ed LaFehr - COO, TAQA; H.H Sheikh Abdullah bin Zayed Al Nahyan - UAE Minister of Foreign Affairs; H.E. Mohammed Abdulrahman Al Qamzi - TAQA Board Member and Director of Research and Business Development at IPIC; Joel Croteau - President, TAQA North America; Muhanna Al Nuaimi, Government Affairs and Corporate Communications Associate, TAQA

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Abu Dhabi, United Arab Emirates - TAQA, the international energy and water company from Abu Dhabi and the largest UAE investor in Canada, welcomed His Highness Sheikh Abdullah bin Zayed Al Nahyan, UAE Minister of Foreign Affairs, to its offices in Calgary, Alberta during a state visit.

Accompanied by John Baird, Canada's Minister of Foreign Affairs, Sheikh Abdulla participated in a round-table discussion with the UAE and Canada ambassadors and other officials, His Excellency Mohammed Abdulrahman Al Qamzi, TAQA Board member, and executives including Ed LaFehr, TAQA COO, and Joel Croteau, President of TAQA North America. Other UAE parties that attended the meetings included the Ministries of Economy and Energy, Canada-UAE Business Council (CUBC), Mubadala Development Company and International Petroleum Investment Company (IPIC).

TAQA's North American oil and gas business is headquartered in Calgary, Canada and focused on conventional oil and gas exploration and production. The company produces 87,200 barrels of oil equivalent from more than 8,000 oil and gas wells across 3,000,000 acres of land owned by TAQA.

TAQA and FEWA to develop water desalination plant in Ajman 4 Feb 2014
TAQA has signed a Memorandum of Understanding with Federal Electricity & Water Authority (FEWA) to develop a standalone seawater desalination plant in Al Zawra in the Emirate of Ajman.

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Abu Dhabi, United Arab Emirates – TAQA, the international energy and water company from Abu Dhabi, has signed a Memorandum of Understanding with Federal Electricity & Water Authority (FEWA) to develop a standalone seawater desalination plant in Al Zawra in the Emirate of Ajman.

The agreement was signed in Abu Dhabi by H.E. Mohammed Mohammed Saleh, Director General of FEWA and Carl Sheldon, CEO of Abu Dhabi National Energy Company PJSC (TAQA). in the presence of H.E. Suhail Mohammed Al Mazrouei, UAE Minister of Energy and Chairman of Federal Electricity & Water Authority (FEWA) and H.E. Hamad Al-Hurr Al-Suwaidi, Chairman of TAQA.

Al Zawra independent water project (IWP) will have a capacity of 30 million imperial gallons per day (MIGD), enough to supply 250,000 people in the Northern Emirates with clean drinking water. 

H.E. Suhail bin Mohammed Al Mazrouei, the UAE Minister of Energy and Chairman of the Board of Directors of the Federal Electricity and Water Authority, said: “The Al Zawra project demonstrates the UAE’s determination to  develop and apply new technologies that will protect the security of water supply while actively working towards greater energy efficiency.”

H.E. Hamad Al-Hurr Al-Suwaidi, Chairman of the Board of Directors of TAQA, said: “At a time of strong demographic and economic growth across the UAE, and particularly in the Northern Emirates, this project will ensure that sufficient water infrastructure is in place to meet increasing demand.”

H.E. Mohammed Mohammed Saleh, Director General of FEWA, commented: "The Northern Emirates are developing at an increasing pace and the demand for water will continue to grow. FEWA has allocated significant funds for developing water and electricity projects there, over the coming three years. Al Zawra is a crucial element in that strategy.”

The Ajman facility will use the reverse osmosis process, where salt and impurities are removed from the water by pushing it through a semi-permeable membrane. Unlike most of the UAE’s existing desalination capacity, which is based on thermal technologies and tied to power plants, reverse osmosis plants run on electricity. This means they can be run more efficiently and located close to consumption areas, enhancing the security of water supply.

According to the development plan, the project would be owned by FEWA and TAQA, underpinned by a long-term water purchase agreement with FEWA and funded with project finance. Construction is expected to start in early 2015 and the plant would begin commercial operations in 2017.

TAQA, one of the largest desalination companies in the world, is majority owner of eight power and water plants across the UAE supplying 98% of Abu Dhabi’s power and water requirements. TAQA’s plants also supply the Emirates of Fujairah, Umm Al Quwain and Sharjah with clean water.

FEWA has reverse osmosis desalination plants in the emirate of Ajman, Ras Al Khaimah and Umm Al Quwain with a total production capacity of 50 MIGD.

- ENDS -

For further information:

TAQA Media Relations - Abu Dhabi

Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

TAQA, meaning energy in Arabic, is the brand name of Abu Dhabi National Energy Company PJSC. We are an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents.
We strive to be safe and sustainable, and embrace the challenge of delivering affordable and reliable energy and water. We are proud to align our strategy with Abu Dhabi’s Economic Vision 2030, a roadmap for a sustainable economy with a focus on knowledge-based industry.
Our interests lie in conventional and alternative power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. We operate in Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.

Young engineers take on hybrid-electric car challenge in Abu Dhabi 28 Jan 2014
More than 100 young engineers from the GCC will converge on Al Forsan International Sports Resort in Abu Dhabi this Thursday and Friday to compete in the region’s first hybrid-electric car challenge.

The event is open to the public on Thursday and Friday at Al Forsan Sports Resort, Abu Dhabi

Abu Dhabi, United Arab Emirates: More than 100 young engineers from the GCC will converge on Al Forsan International Sports Resort in Abu Dhabi this Thursday and Friday to compete in the region’s first hybrid-electric car challenge.

Entry is free of charge and the event is open to the public from 10:30am onwards on both days.

Sponsored by TAQA and hosted by the Petroleum Institute with support from Emirates Foundation for Youth Development, the event is part of a series of international races organised by Global EEE, a US-based not-for-profit organisation, promoting education, energy efficiency and environmental consciousness.

The 2014 TAQA GCC Hybrid-Electric Challenge is no conventional car race, however. The engineering students from 11 university teams around the region must design a car and devise a race strategy that makes their car go furthest on a limited amount of energy.

“The students have been given a fantastic opportunity to develop faster and more energy efficient vehicles and over the next two days we will see who stands out above the rest,” said Dr Saif Al Sayari, TAQA’s Executive Officer and Head of Energy Solutions.

“TAQA is thrilled to be bringing the first hybrid car challenge to the region. It demonstrates our commitment to supporting young engineers and encouraging the development of alternative energy technologies. The students will have a chance to put some of their engineering skills into practice while having fun at the same time.”

Dr Ismail Tag, acting President and Provost at The Petroleum Institute (PI), said: “In addition to hosting the competition, PI is also fielding two all-female teams and one all-male team, and we are excited about the experience they will gain from interacting with their fellow GCC students.”

The engineering students taking part – both male and female – have been drawn from the Petroleum Institute in Abu Dhabi, Abu Dhabi University, UAE University, Khalifa University; the Masdar Institute; the Nizwa College of Technology in Oman; the College of Technological Studies in Kuwait; and Qatar University.

Each team have spent the past five months designing and constructing their single-seater, lightweight hybrid cars to stringent race design and safety rules.

The two stage competition opens with the Electric Grand Prix (E-GP), with teams trying to drive their vehicles as far as possible in one hour, using only the energy stored in their batteries. The second day is the Hybrid-Electric Grand Prix (HE-GP), where teams combine petrol and electric power to travel the maximum distance on the least amount of energy in three hours.

Only when the results of both the E-GP and H-GP are combined can the overall challenge winner be declared.

A range of family activities and entertainment will take place around the event, with a bouncy castle and play area for children, food and beverage stalls, and a “Think Science” area hosted by Emirates Foundation for Youth Development. Spectators will also have the chance to meet the teams, find out about the cars and understand the hurdles the students have had to face along the way. 

 

  • Timings are subject to change. Please check www.taqaglobal.com/hybrid for updates
  • Location: Al Forsan International Sports Resort www.alforsan.com
  • Both days open to public, spectators welcome to view team preparations and challenge

 

- ENDS -

For further information:

TAQA External Communications, Abu Dhabi

Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

TAQA, meaning energy in Arabic, is the brand name of Abu Dhabi National Energy Company PJSC. We are an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents.
We strive to be safe and sustainable, and embrace the challenge of delivering affordable and reliable energy and water. We are proud to align our strategy with Abu Dhabi’s Economic Vision 2030, a roadmap for a sustainable economy with a focus on knowledge-based industry.
Our interests lie in conventional and alternative power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. We operate in Canada, Ghana, India, Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.

Petroleum Institute Public Relations Department

Ahmed Rashed Al Rashedi
Public Relations Manager
Tel: +971 26075500
Mob: +971 55 800 6666
aalrashed@pi.ac.ae

About The Petroleum Institute

The Petroleum Institute University and Research Center (PI) was established in Abu Dhabi, capital of the United Arab Emirates in 2001 with a goal of becoming a world-class institution in both engineering education and energy industry research. PI currently has 1200 undergraduate and graduate students, 200 faculty, and has quickly become a leading teaching and research institution in the Middle East region. The PI’s sponsors and affiliates include the Abu Dhabi National Oil Company (ADNOC) and four major international oil companies that include BP, Japan Oil Development Company, Shell and Total. The campus has modern instructional laboratories and classroom facilities, and will soon host a major research center, the PI Research Center (PIRC) scheduled to open in 2014.

TAQA unveils university teams ahead of first hybrid-electric car race in GCC 13 Jan 2014
TAQA today unveiled the 2014 TAQA Hybrid-Electric Challenge teams and cars at a media event held at The Galleria mall in Abu Dhabi.

Abu Dhabi, United Arab Emirates - TAQA, the international energy company based in Abu Dhabi, today unveiled the 2014 TAQA Hybrid-Electric Challenge teams and cars at a media event held at The Galleria mall in Abu Dhabi.

TAQA is bringing the region’s first hybrid-electric car race to Abu Dhabi, for engineering students from across the Gulf Cooperation Council (GCC), in coordination with its strategic partner, The Petroleum Institute (PI), a University & Research Centre. The event is founded by US-based Global EEE, a not-for-profit organisation that promotes education, energy efficiency and environmental consciousness. 

A total 120 men and women in 11 teams have been drawn from The Petroleum Institute; Abu Dhabi University; UAE University; Khalifa University and the Masdar Institute, all in Abu Dhabi, and the Nizwa College of Technology in Oman; the College of Technological Studies, Kuwait, and Qatar University.

The Challenge will be held at Abu Dhabi’s Al Forsan racetrack on 29 - 31 January and will be hosted by The Petroleum Institute University and Research Center, supported by the Emirates Foundation.

Dr Saif Al Sayari, TAQA’s Executive Officer and Head of Energy Solutions, said: "The next generation of engineers will play a critical role in developing a sustainable economy for the UAE and the region. This event gives engineering students the opportunity to try out what they have learned in the classroom in a competitive environment. TAQA is committed to supporting young engineers from the GCC and encouraging the development of alternative energy technologies."

"The better you prepare students for industry, the more employers are going to come seeking your students for their graduate recruitment programmes," said Dr Nabih Bedewi, the managing director of Global EEE.

"Students tend to work in labs. They’ve never seen anything like this; an industrial process, working live. Being involved in this gives them crucial practical experience, under pressure. Companies love to hire people with this kind of experience; experience of working together in teams, against a deadline, where they have to project manage and delegate; where they have to make sure all the processes happen in the right sequence at the right time, and to budget.

"What this competition delivers is a next generation of energy efficiency-obsessed engineers. They are a gift to future employers. They know if they hire one of these people, they are going to get someone who is going to be thinking non-stop about energy efficiency, and that can only be good news.

"If you demonstrate that you have taken part in one of these competitions, any employer who ranks energy efficiency high on their agenda, is going to want to talk to you. One of the biggest recruiters of our past competitors is NASA."

Dr Fahad Almaskari, Assistant Professor, PI said: "As host and co-organiser of this prestigious event and with three Petroleum Institute teams entering the challenge, we are extremely proud to be here today to launch this event with TAQA and unveil one of our own hybrid cars. We are looking forward to welcoming all of the teams to this challenge and wish all the students good luck on the race track". 

One of the competitors in the race, Ruqaya Al Noammani, a student of Mechanical Engineering, at PI said: "Obviously, bringing this competition to Abu Dhabi reinforces the UAE’s image as a developed country and highlights its efforts to diversify energy resources.

"But more importantly for us on the team, the competition gives us the chance to try out what we have learned in the classroom, and put it to work, as a team.

"It is also an opportunity to prove that the Emirati woman is capable of achieving excellence in all fields, and to play a vital role in the development of our country.

"We are all extremely eager to see the fruit of our hard work become reality, and of course, to be winners in the race!"

The teams, consisting of drivers and technicians, will race single-person, lightweight, hybrid motor cars built to stringent race design and safety rules. The teams have received car kits and are currently working in teams to engineer, build and fine-tune the vehicles for the event with the aim of developing faster and more energy efficient vehicles.

- ENDS -

For further information:

TAQA External Communications, Abu Dhabi
Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

TAQA means energy in Arabic. We are an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents.
We strive to run our company safely and sustainably, operating to the highest ethical standards. We are proud to align our strategy to Abu Dhabi’s Economic Vision 2030, a roadmap for a sustainable economy with a focus on knowledge-based industry.
Our interests lie in conventional and alternative power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. We operate in Canada, Ghana, India, Kurdistan Region of Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.

Petroleum Institute Public Relations Department 
Ahmed Rashed Al Rashedi
Public Relations Manager
Tel: +971 26075500
Mob: +971 55 800 6666
aalrashed@pi.ac.ae

About The Petroleum Institute

The Petroleum Institute University and Research Center (PI) was established in Abu Dhabi, capital of the United Arab Emirates in 2001 with a goal of becoming a world-class institution in both engineering education and energy industry research. PI currently has 1200 undergraduate and graduate students, 200 faculty, and has quickly become a leading teaching and research institution in the Middle East region. The PI’s sponsors and affiliates include the Abu Dhabi National Oil Company (ADNOC) and four major international oil companies that include BP, Japan Oil Development Company, Shell and Total. The campus has modern instructional laboratories and classroom facilities, and will soon host a major research center, the PI Research Center (PIRC) scheduled to open in 2014.

TAQA brings first hybrid-electric car race to the GCC 5 Jan 2014
TAQA is bringing together engineering students from across the Gulf Cooperation Council for the region’s first hybrid-electric car race.

Abu Dhabi, United Arab Emirates - TAQA, the international energy company based in Abu Dhabi, will bring together engineering students from across the Gulf Cooperation Council for the region’s first hybrid-electric car race. The event is hosted by The Petroleum Institute, a university and research centre in Abu Dhabi, as a strategic partner.

The 2014 TAQA GCC Hybrid-Electric Challenge will be held at Abu Dhabi’s Al Forsan racetrack on 29 - 31 January. It will give university teams from the UAE, Oman, Qatar and Kuwait the chance to apply classroom theory to real-world energy technology challenges. The event is supported by the Emirates Foundation and created by Global EEE, a US-based non-profit.

Dr Saif Al Sayari, TAQA’s Executive Officer and Head of Energy Solutions, commented: “The next generation of engineers will play a critical role in developing a sustainable economy for the UAE and the region. This event gives engineering students the opportunity to try out what they have learned in the classroom in a competitive environment. TAQA is committed to supporting young engineers from the GCC and encouraging the development of alternative energy technologies.”

More than 120 male and female students from 11 teams will participate, including teams from Abu Dhabi’s Petroleum Institute, United Arab Emirates University, Masdar Institute, Abu Dhabi University and Khalifa University. Teams from Oman, Qatar and Kuwait will also compete.

The teams, consisting of drivers and technicians, will race single-person, lightweight, hybrid motor cars built to stringent race design and safety rules. The teams have received car kits and are currently working in teams to engineer, build and fine-tune the vehicles for the event with the aim of developing faster and more energy efficient vehicles.

Each team must make a decision about their strategy for the petrol generator which extends the range of the vehicles. There are three main prizes on offer: fastest qualifying time, longest distance travelled on electric battery alone, and longest distance travelled on the petrol-electric configuration. The overall 2014 TAQA GCC Hybrid-Electric Challenge winner will be crowned by adding the scores of the two race days. Other awards include technical innovation, quality of workmanship, sportsmanship and design.

Whilst the event seeks to encourage competition amongst the students, the vision is to promote collaboration and to inspire the innovators of the next generation to convert their knowledge into real world solutions that promote energy efficiency.

The official launch event is scheduled for 13 January, when more details will be unveiled. The event will be open to the public.

- ENDS -

For further information:

TAQA External Communications, Abu Dhabi
Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

TAQA means energy in Arabic and is the trade name of Abu Dhabi National Energy Company PJSC (TAQA). We are an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents.
We strive to run our company safely and sustainably, operating to the highest ethical standards. We are proud to align our strategy to Abu Dhabi’s Economic Vision 2030, a roadmap for a sustainable economy with a focus on knowledge-based industry.
Our interests lie in conventional and alternative power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. We operate in Canada, Ghana, India, Kurdistan Region of Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.

TAQA supports victims of human trafficking 27 Oct 2013
TAQA has signed an agreement with Ewa’a to support victims of human trafficking in the UAE.

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TAQA, the international energy company from Abu Dhabi, has signed an agreement with Ewa’a, a humanitarian organisation, to support victims of human trafficking in the UAE.

Ewa’a, meaning “to shelter”, is a non-profit initiative under the umbrella of the International Federation of Red Cross and Red Crescent Societies. Under the agreement, TAQA will provide support over the next three years to the upkeep of Ewa’a’s three shelters for vulnerable women and children in Abu Dhabi, Ras Al Khaimah and Sharjah. The Abu Dhabi shelter accommodates 60 women and children.

Ewa’a was established by donations received from Her Highness Sheikha Fatima bint Mubarak, the Chairwoman of the UAE General Women’s Union, the Family Development Foundation and the Supreme Council for Motherhood and Childhood. It reflects the UAE’s long-standing commitment to combat human trafficking and protect its victims. As part of a national action plan, the UAE has also set up a National Committee to Combat Human Trafficking, which works with various ministries and non-government organisations.

Khaled Al Sayari, TAQA’s Group Vice President of Strategic Relationships and Public Affairs, said: “We are honoured to be working with our partners in the UAE government to support this humanitarian project. The Ewa’a initiative is a testimony to the UAE’s commendable efforts in combating human trafficking, within and beyond its borders.”

Sarah Shuhailm, Ewa’a’s Executive Director, said: “It is important that TAQA has joined us in this project. Its support will of course help with the daily running of our work, but it will be especially valuable to this project to be able to call on TAQA’s experience in community projects internationally.”

Ewa’a partners with several Abu Dhabi entities to support victims by providing shelter, rehabilitation, education and helping them return to their countries of origin with dignity.

Sheikh Hamdan inaugurates power and water plant in Abu Dhabi 10 Oct 2013
His Highness Sheikh Hamdan bin Zayed Al Nahyan inaugurated a major new power and water plant in the Western Region in Abu Dhabi in the presence of other senior government representatives and dignitaries.

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Abu Dhabi, United Arab Emirates - His Highness Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in the Western Region, inaugurated a major new power and water plant in Al Gharbia (Western Region) of Abu Dhabi in the presence of other senior government representatives and dignitaries.

Located 260 kilometres southwest of the city of Abu Dhabi, Shuweihat S2 is the latest addition to Abu Dhabi's power and water infrastructure network. It adds 1,510 megawatts to the Emirate's generation capacity, enough to power more than 300,000 homes. The plant also produces up to 100 million imperial gallons of potable water each day, representing 15% of Abu Dhabi's water desalination capacity.

Shuweihat 2 is owned by Ruwais Power Company, a joint venture of TAQA (54%), Abu Dhabi Water and Electricity Authority (ADWEA) (6%), GDF SUEZ (20%), Marubeni (10%) and Osaka Gas (10%).

The Ruwais Power Company partners have invested US$2.7 billion in the construction of Shuweihat S2 with a view to meeting the challenge of providing reliable energy and water to a population in Abu Dhabi predicted to rise to five million by 2030.

His Excellency Abdulla Saif Al-Nuaimi, Director-General of ADWEA and Vice Chairman of TAQA, said: "The Late Sheikh Zayed bin Sultan Al Nahyan told us that we must not rely on oil alone as the main source of our national income, advising that we must diversify the sources of our revenue and construct economic projects that will ensure a free, stable and dignified life for the people. The Shuweihat S2 plant site is proof of our commitment to following this guidance, with its good performance in large part due to the contribution of our key equipment suppliers; Siemens, Samsung, C&T and Doosan. In addition to thanking these suppliers and our partners, I would also like to thank the 100 people employed at the plant for helping ensure successful operations over the period of these past 24 months."

Carl Sheldon, Chief Executive Officer of TAQA, said: "We are pleased to be part of this partnership to create greater prosperity for the communities of Al Gharbia through the development of infrastructure and economic growth. By investing in new power and water desalination infrastructure we are helping to ensure energy security and resilience of one the most important engines of Abu Dhabi's growth."

Addressing the audience, Dirk Beeuwsaert, Chairman of International Power Ltd and Advisor to the President and CEO of GDF SUEZ, said: "We are proud to be here today to mark the successful completion of Shuweihat S2, a power plant which signifies GDF SUEZ's ongoing commitment to the United Arab Emirates and indeed the broader GCC region. We are especially proud that our Group continues to be part of the process to provide Abu Dhabi with the supply of power and water it needs to sustain its growing economy. The key to the success of any project of this size and complexity is having a robust partnership in place. The successful completion of Shuweihat S2 is testament to the flexibility and efficiency of our project partners."

Electricity and water supply from Shuweihat S2 is transferred to Abu Dhabi Water and Electricity Company (ADWEC) under a 25-year purchase agreement. The plant employs approximately 100 people. Under the aegis of Abu Dhabi's "2030 Economic Vision", the Shuweihat S2 plant will contribute to the continued economic diversification and community development in Al Gharbia.

After speeches by ADWEA and GDF SUEZ, assembled guests and dignitaries witnessed the inauguration ceremony, followed by a tour of the S2 site. Representatives from TAQA, Marubeni and Osaka Gas, were honoured for their contributions towards energy efficiency and diversification, for contributing to the industrial development and living standards of the Western Region and strengthening the leadership position of the UAE in the Arab world.

Shuweihat S2 is implemented as part of the privatisation of the water and electricity sector pursued by ADWEA in line with Abu Dhabi Government directives. This privatisation initiative has proven to be one of the most successful in the world in terms of power and water production, foreign investment as well as finance raised from international, regional and local financial institutions.

- ENDS -

Media contacts:

TAQA
Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA
TAQA means energy in Arabic. We are an international energy and water company listed in Abu Dhabi operating in 11 countries across four continents.
We strive to run our company safely and sustainably, operating to the highest ethical standards. We are proud to align our strategy to Abu Dhabi’s Economic Vision 2030, a roadmap for a sustainable economy with a focus on knowledge-based industry.
Our interests lie in conventional and alternative power generation, water desalination, oil and gas exploration and production, pipelines and gas storage. We operate in Canada, Ghana, India, Kurdistan Region of Iraq, Morocco, the Netherlands, Oman, Saudi Arabia, the United Arab Emirates, the United Kingdom and the United States.

Ruwais Power Company Power and Desalination Plant Issues USD 825 Million Bond 29 Jul 2013
TAQA, the global energy company from Abu Dhabi, has announced that the Ruwais Power Company power and desalination plant (Shuweihat 2) has completed an issuance of USD 825 million in project bonds.

July 29, 2013, Abu Dhabi, United Arab Emirates – TAQA, the global energy company from Abu Dhabi, has announced that the Ruwais Power Company power and desalination plant (Shuweihat 2) has completed an issuance of USD 825 million in project bonds.

The plant, which is 54% owned by TAQA, issued the bonds at a coupon of 6% with a final maturity in August 2036 and an average life of 21.5 years.

Stephen Kersley, Chief Financial Officer at TAQA, said: “We are pleased to have reached a successful execution of the Shuweihat 2 bond transaction in the face of a difficult market environment. Strong support from our key investors allowed us to build a substantial order book and achieve an attractive coupon of 6 per cent. This transaction not only increases the returns to TAQA for this project, but is also the first step in building an active and liquid project bond market in the region.”

Shuweihat 2 is a combined cycle co-generation facility located on the coast at Jebel Dhana, 250 km southwest of Abu Dhabi City. It is capable of producing approximately 1,500 MW of electricity and 100 MIGD of desalinated water. The entire production of 1,500 MW of power and 100 MIGD of water is purchased by the Abu Dhabi Water and
Electricity Company (ADWEC).

The power and desalination plant is owned by Ruwais Power Company, a joint venture between TAQA (54%), Abu Dhabi Water & Electric Authority (ADWEA) ( 6%), International Power – GDF Suez (20%), Marubeni (10%) and Osaka Gas (10%). IP-GDF Suez, Marubeni and Osaka Gas operate the plant.

- ENDS –

Contact Information:

Abu Dhabi
Taryam Al Subaihi
Head of External Communications
Tel +971 2 691 4803
Mob + 97156 219 5195

Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power businesses are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration, development and production, underground gas storage and midstream infrastructure.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation. 

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi Economic Vision 2030, working towards sustainable economic development. 

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA, Sembcorp and ADWEA celebrate the groundbreaking of seawater desalination expansion project in Fujairah, UAE 30 Jun 2013
Sembcorp Industries (Sembcorp) and its project partners, Abu Dhabi Water and Electricity Authority (ADWEA) and Abu Dhabi-based global energy company TAQA, today celebrated the groundbreaking of the US$200 million expansion project for the Fujairah 1 Independent Water and Power Plant (IWPP) in the UAE.
ADWEA, TAQA, SEMBCORP

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  • Construction of Middle East’s largest reverse osmosis desalination facility commences

Fujairah, UAE, June 30, 2013 – Sembcorp Industries (Sembcorp) and its project partners, Abu Dhabi Water and Electricity Authority (ADWEA) and Abu Dhabi-based global energy company TAQA, today celebrated the groundbreaking of the US$200 million expansion project for the Fujairah 1 Independent Water and Power Plant (IWPP) in the UAE. Once complete, the expansion will increase the plant’s seawater desalination capacity by 30 million imperial gallons per day (MiGD). This additional output will be produced using reverse osmosis technology.

The groundbreaking ceremony was attended by Consul-General of Singapore in Dubai, His Excellency Cheong Ming Foong, Director General of the Abu Dhabi Regulations and Supervision Bureau (RSB), Nick Carter, as well as senior management representatives from Sembcorp and its project partners ADWEA and TAQA.

The expansion, which is expected to be completed in the first half of 2015, will increase the capacity of Fujairah 1 IWPP from 100 MiGD to 130 MiGD, of which 67.5 MiGD will be produced using reverse osmosis process. The remaining 62.5 MiGD is produced using multi-stage flash technology. This combined reverse osmosis desalination capacity will make the Fujairah 1 IWPP the largest reverse osmosis desalination facility in the Middle East, and will be essential to help meet the expected increase in water demand in Abu Dhabi and the northern Emirates in the coming years.

The 30 MiGD water output from the expansion will be sold to the Abu Dhabi Water & Electricity Company (ADWEC) under a 20-year water purchase agreement, signed in January this year. This is in addition to the existing 22-year power and water purchase agreement with ADWEC for the plant’s current water and electricity output.

The Fujairah 1 IWPP, one of the world’s largest operating hybrid desalination plants, is owned and operated by Emirates Sembcorp Water & Power Company (ESC), a joint venture between TAQA (54%), Sembcorp (40%) and ADWEA (6%).<

Tang Kin Fei, Group President & CEO of Sembcorp, said, “The expansion of our seawater desalination capacity will play an important role in meeting the increasing water demand in the UAE. Our plant, strategically located in Fujairah, will enable us to produce desalinated water more economically for our customer. The expansion project also enables the use of uncontracted surplus power from the existing plant, hence allowing excess generation capacity to be gainfully utilised to produce the additional water at a competitive cost and enhance our income at the same time.”

Commenting on the project, Mr Carter said, “This additional expansion is part of an integrated approach to provide high quality drinking water to the northern Emirates and to satisfy the increasing demand in Abu Dhabi. It is an excellent example of joint co-operation between the UAE’s Federal Electricity & Water Authority and ADWEA, in collaboration with a first-class private sector operator, Sembcorp. RSB has licensed this facility at Fujairah, having been satisfied of the need for a further 30 MiGD of drinking water production and the operational skills and financial standing of the project company, ESC.”

Frank Perez, TAQA’s Executive Officer and Head of Power & Water, said, “The expansion of the Fujairah 1 power and water plant marks a significant milestone in TAQA’s journey towards water sustainability. The reverse osmosis desalination technology used at the plant is one of the most economical and efficient ways to produce drinking water.

“At TAQA, we are committed to helping the government of Abu Dhabi address the UAE’s water desalination challenges. Thanks to the support of our trusted partners, the expansion will help provide reliable water supply to the northern Emirates and Abu Dhabi.”

William Chang, Executive Managing Director of ESC, said, “One of the most innovative aspects of this expansion project is its ability to recover seawater discharge from the existing multi-stage flash facility for reuse as part of the seawater feed for the entire Fujairah 1 IWPP. The expansion will also include the installation of a new Dissolved Air Floatation system, which will improve the quality of the seawater feed. This system will enhance the reliability and availability of the reverse osmosis facility.”

Sembcorp has been operating in the Middle East since 2006, starting with the Fujairah 1 IWPP. Sembcorp also owns and operates the Salalah Independent Water and Power Plant, the largest and most energy-efficient power and water plant in Dhofar, southern Oman. The Group is embarking on its third project in the Middle East with a joint venture with Takamul Investment Company to develop centralised utilities facilities for the Duqm Special Economic Zone in Oman – the first ever centralised utilities model to be implemented in Oman.

- END -

Sembcorp
For analysts and media queries, please contact:

Aleve Co (Ms)
Senior Manager
Group Corporate Relations
DID: +65 6723 3178
Email: aleve.co@sembcorp.com
Melissa Yee (Ms)
Manager
Group Corporate Relations
DID: +65 6723 3326
Email: melissa.yee@sembcorp.com

ABOUT SEMBCORP INDUSTRIES

Sembcorp Industries is a leading energy, water and marine group operating across six continents worldwide. With facilities of over 5,800 megawatts of gross power capacity and over seven million cubic metres of water per day in operation and under development, Sembcorp is a trusted provider of essential energy and water solutions to both industrial and municipal customers. It is also a world leader in marine and offshore engineering as well as an established brand name in urban development.

The Group has total assets of more than S$13 billion and employs over 9,000 employees. Listed on the main board of the Singapore Exchange, it is a component stock of the Straits Times Index, several MSCI and FTSE indices as well as the Dow Jones Sustainability Asia Pacific Index.

Note to Editors:

Please refer to the company as “Sembcorp” (with “S” in upper case and “c” in lower case), or “Sembcorp Industries” in full. Please also note that “Sembcorp” is not an abbreviation of “Sembawang Corporation” but a brand name in itself, and it is therefore incorrect to refer to our company as “Sembawang”, “Sembawang Corporation” or similar.

TAQA

Contact Information for Media:

Abu Dhabi
Taryam Al Subaihi
Head of External Relations
Tel +971 2 691 4803
Mob + 97156 219 5195

Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s Economic Vision 2030, working towards sustainable economic development.

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA, CWM Abu Dhabi to develop Dalma Island waste-to-energy demonstration facility 1 Apr 2013
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.

Abu Dhabi, United Arab Emirates – TAQA, the global energy company based in Abu Dhabi, 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 and CWM will together develop a waste-to-energy facility that produces 1 to 2 megawatt of alternative energy. This will be enough to supply power to more than 200 households as well as providing a more efficient waste management solution. Waste from Dalma Island, which lies 32 kilometers offshore Abu Dhabi´s Western Region, is currently shipped to the mainland and further transported by road to landfills in Abu Dhabi.

Dr. Salem Al Kaabi, CWM’s Deputy Manager, commented, “Working on advanced solutions for waste management is a valuable part of the job we have in ensuring Abu Dhabi becomes recognized for its integrated waste management system within the UAE and beyond. Working with TAQA helps us develop new ideas and technologies in the energy space from which we can all benefit.”

Dr. Saif Al Sayari, Executive Officer and Head of TAQA’s Energy Solutions division, said: “As an Abu Dhabi energy company, we have a duty and responsibility to support our local communities and environment. We are delighted to extend our partnership with the Center for Waste Management Abu Dhabi and contribute to more efficient waste treatment for Dalma Island’s community. We consider this demonstration plant a practical first step to capture lessons learned during construction and operation phases and benefit our announced large scale project to convert a million ton of municipal solid waste per year into 100 MW of alternative power. 

TAQA’s and CWM teams have started conceptual studies for different WTE technical schemes to ascertain the best form of energy recovery from Dalma Island’s waste, which includes household and organic waste.

TAQA and CWM are also developing a large scale waste-to-energy plant in Abu Dhabi and last month started the qualification process for the engineering, procurement and construction (EPC). The plant will convert up to 1,000,000 tonnes of municipal solid waste a year into 100 megawatts of alternative power, enough energy to power more than 20,000 households in Abu Dhabi. The plant will be the first in the UAE and is expected to begin operations in 2016/17.

- ENDS -

TAQA invites companies to qualify for UAE’s first waste-to-energy plant 27 Feb 2013
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.

Abu Dhabi, United Arab Emirates – 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.

The waste-to-energy power plant will receive approximately 1,000,000 tonnes of municipal solid waste a year and convert it into 100 megawatts of alternative power, enough energy to power more than 20,000 households in Abu Dhabi. The plant is expected to begin operations in 2016/17.

Waste-to-energy is one of the cleanest sources of energy and one of the most efficient ways to treat municipal solid waste. TAQA’s waste-to-energy facility is expected to reduce CO2 emissions by more than 1,000,000 tonnes per year when both the avoided landfill emissions and the avoided use of fossil fuel in power generation are taken into account.

The request for qualifications follows the completion of the pre-feasibility study and Memorandum of Understanding signed in June 2012 with The Centre of Waste Management Abu Dhabi for the joint development of the facility. TAQA expects to award the EPC contract in Q4 2013.

Dr Saif Al Sayari, Executive Officer and Head of the Energy Solutions division, commented, “Our track record in developing and operating power plants across the world, combined with our international relationships with joint venture partners and financial institutions, positions us well to lead the development of this pioneering project. We see this as a launch pad for future waste-to-energy projects in the region and for TAQA to be the pre-eminent developer and operator.”

Dr Al Sayari added: “The development of sustainable energy and waste infrastructure technologies, as well as diversion of waste from landfills, are goals identified in the Abu Dhabi Plan 2030. We are proud to work alongside the Government of Abu Dhabi and The Centre of Waste Management Abu Dhabi to provide a solution to the increasing volume of waste produced each year in the capital.”

TAQA has appointed Roger Anderson as Technical Manager for TAQA’s waste-to-energy plant. Mr Anderson has nearly 40 years’ experience at Wheelabrator, a leading global waste-to-energy developer. TAQA has also appointed Ramboll Group A/S to advise on engineering and WS Atkins PLC to advise on environmental permitting and waste characterisation. HSBC has been selected as financial advisor while Linklaters has been appointed legal advisor.

TAQA is the largest independent power producer in the MENA region, with power operations in seven countries and a total gross power generation capacity of 15,413 MW.

Suitably qualified companies interested in submitting qualifications can request the Request For Qualifications (RFQ) documentation by sending an e-mail to the following address before 12.00pm UAE time March 15 2013: wastetoenergy@taqaglobal.com

- ENDS -

Media contact information:

Abu Dhabi
Taryam Al Subaihi
Head of External Relations
Tel +971 2 691 4803
Mob + 97156 219 5195

Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA
Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development.

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA starts pilot for solar cooling technology in Abu Dhabi 14 Jan 2013
TAQA and Chromasun Inc., the California-based solar panel manufacturer, have begun a pilot project for roof-top solar air-conditioning in Abu Dhabi.

Abu Dhabi, United Arab Emirates – Abu Dhabi National Energy Company PJSC (TAQA) and Chromasun Inc. (Chromasun), the California-based solar panel manufacturer, have begun a pilot project for roof-top solar air-conditioning in Abu Dhabi.

TAQA installed 27 Chromasun Micro-Concentrator (MCT) solar panels on the rooftop of Abu Dhabi Transmission & Despatch Company (TRANSCO) in Abu Dhabi on 13 January 2013. The concentrated solar panels will provide clean renewable solar energy to the building’s air-conditioning system during peak demand hours. 

The Chromasun MCT technology is designed specifically for rooftop application and operation in high temperatures and dusty conditions, producing more energy per unit of roof area than many other technologies.

Dr Saif Al Sayari, TAQA’s Executive Officer and Head of the Energy Solutions division, commented: “We are delighted to see the Chromasun MCT technology being tested in the UAE. In addition to significant energy savings, roof top solar cooling technology has great potential for peak-shaving which will result in reduced emissions and better grid efficiency.”

David Copestake, Managing Director of TRANSCO said: “We continuously seek ways to use advanced technology to achieve better efficiency in Abu Dhabi’s power generation networks so we are immensely proud and honoured to be participating in such an initiative.”

TAQA is an investor in Chromasun and currently holds an 8% stake as part of its efforts to develop post-pilot phase alternative energy technologies with breakthrough potential. TAQA and Chromasun will test the technology during the next 16 months with the aim of proving its commercial viability.

-ENDS-

Contact Information for Media:

Abu Dhabi
Taryam Al Subaihi
Head of External Relations 
Tel +971 2 691 4803
Mob + 97156 219 5195

Allan Virtanen
Head of Media
Tel +971 2 691 4894
Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.  

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders. 

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development.  

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA Launches Abu Dhabi Chartered Accountant Training Programme 12 Sep 2012
Abu Dhabi, United Arab Emirates – Abu Dhabi National Energy Company PJSC (“TAQA”) is the first non-accounting firm to offer the Associate Chartered Accountant (ACA) training programme in Abu Dhabi. ACA-qualified accountants are entitled to offer their services as a 'Chartered Accountant' and can use the designated letters ACA after their names. Faisal Foulad, who recently completed the TAQA UAE National Graduate Trainee Programme, is TAQA’s first ACA candidate

Abu Dhabi, United Arab Emirates – Abu Dhabi National Energy Company PJSC (“TAQA”) is the first non-accounting firm to offer the Associate Chartered Accountant (ACA) training programme in Abu Dhabi. ACA-qualified accountants are entitled to offer their services as a 'Chartered Accountant' and can use the designated letters ACA after their names. Faisal Foulad, who recently completed the TAQA UAE National Graduate Trainee Programme, is TAQA’s first ACA candidate.

Faisal Foulad commented: “The programme’s perfect mix of knowledge and work experience is what differentiates it from the others and makes it stand above the rest. The ACA qualification will fast track my way to a successful international career.”

TAQA launched the ACA training programme following its certification as an Authorised Training Employer by the Institute of Chartered Accountants in England and Wales (ICAEW), the largest accountancy body in Europe. TAQA had to meet a number of strict training criteria and underwent a detailed review by ICAEW in order to be eligible and recognised as an ACA Authorised Training Employer.

Stephen Kersley, TAQA CFO and ACA Training Programme Advisor, said: “We are pleased to have received this recognition from such a prestigious international institution. Through our new ACA training programme we hope to attract new talent to benefit from our highly skilled team of qualified financial professionals in Abu Dhabi.”

The ACA qualification from ICAEW is internationally recognised and valued around the world in business and the public sector. The ACA training programme teaches a wide range and depth of finance and business knowledge and the practical application of these skills. It also focuses on ethics training and professional skills development. In order to obtain the ACA qualification, candidates such as Mr Foulad are required to complete 450 days of applicable work experience, pass 15 examinations, meet initial professional development requirements and complete structured training in ethics.

Ken Boyle, TAQA Group Vice President Human Resources, commented further: “At TAQA we are committed to providing an environment that is conducive to learning. Our international senior management team will be on hand to mentor our ACA trainees through their studies and monitor their career development. We expect the programme to be very popular with UAE Nationals in particular who wish to acquire formal qualifications in accounting and deepen their knowledge of the energy sector whilst working in an international environment.”

Interested applicants should contact Tatyana Hamid, Qualified Person Responsible for Training (QPRT), in Abu Dhabi at +971 2 691 4834 or Tatyana.Hamid@taqaglobal.com
 

- ENDS -

Contact Information for Media:

Tom Ashby
GVP Corporate Communications
Tel +971 2 691 4802

Allan Virtanen
TAQA Media Relations, Abu Dhabi
Tel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development.

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA and CWM Abu Dhabi to Develop Waste to Energy Plant 20 Jun 2012
TAQA and The Centre of Waste Management Abu Dhabi have signed of a Memorandum of Understanding for the joint development of a 100mw Waste to Energy facility in Abu Dhabi by 2015/16.

Abu Dhabi National Energy Company PJSC (“TAQA”) and The Centre of Waste Management Abu Dhabi (“CWM”) today announced the signing of a Memorandum of Understanding for the joint development of a 100mw Waste to Energy facility in Abu Dhabi by 2015/16.

Having developed the concept over the past twelve months, TAQA and CWM have agreed to work together to create one of the largest Waste to Energy plants in the world, and the first of its kind in The United Arab Emirates. The facility will be capable of processing up to a million tonnes of municipal solid waste per annum, contributing towards CWM’s stated target of 80% diversion of waste from landfill, which falls within the Abu Dhabi Vision 2030 objectives. TAQA’s experience of building, owning and operating thermal power facilities means that Waste to Energy is a natural addition to its fleet.

HE Mohammed Al Bawardi, Chairman of The Centre of Waste Management Abu Dhabi said, “Keeping up with the Abu Dhabi Vision 2030 requires the concerted efforts of various departments and national institutions to develop in a sustainable and environmentally responsible way. In signing this Agreement, we at the Centre of Waste Management see cooperation with TAQA as the mainstay of a sustainable waste management strategy, focusing on our goal of 80% diversion of waste from landfill.”

Commenting on this new initiative, HE Hamad Al Hurr Al Suwaidi, Chairman of the Board of Directors of TAQA, said, “A strategic partnership between our two entities to divert waste from landfill and create a long-term source of energy is a major step forward in Abu Dhabi’s vision for a cleaner and more sustainable environment, and demonstrates our commitment to energy security through non-traditional means of power generation. We see this as the first of its kind in Abu Dhabi, with more to follow, utilising waste as a resource and working as a team to provide employment and technological advancement in the region.”

-Ends-

Contact Information for Media:

Allan Virtanen
TAQA Media Relations, Abu Dhabi
Tel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation.

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development.

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA to Sponsor Zayed University’s Women as Global Leaders Conference 5 Mar 2012
TAQA today announced its sponsorship of Zayed University’s 4th Women as Global Leaders Conference, making TAQA the conference’s official Exclusive Partner Sponsor

TAQA to Sponsor Zayed University’s Women as Global Leaders Conference

  • TAQA’s support part of commitment to increase the number of Emiratis in leadership positions within the company’s global business
  • 4th annual event to be held in Abu Dhabi 13-15 March under the patronage of HH Sheikha Fatima Bint Mubarak and HE Sheikh Nahayan Mabarak Al Nahayan

Abu Dhabi, UAE – Abu Dhabi National Energy Company PJSC (TAQA, ADX: TAQA), the global integrated energy company, today announced its sponsorship of Zayed University’s 4th Women as Global Leaders Conference, making TAQA the conference’s official Exclusive Partner Sponsor.

The 4th Women as Global Leaders Conference seeks to promote greater opportunities for female Emirati students and will be held under the patronage of Her Highness Sheikha Fatima Bint Mubarak, Supreme Chairperson of the Family Development Foundation, Chairperson of UAE Women’s General Union and Supreme Council for Motherhood and Children; and His Excellency Sheikh Nahayan Mabarak Al Nahayan, Minister for Higher Education & Scientific Research and President of Zayed University.

The Women as Global Leaders Conference will be held in Abu Dhabi, March 13 through March 15, 2012. The conference is expected to draw UAE and international students and scholars from more than 40 different countries. Speakers for this year's conference will include: Her Royal Highness Princess Lolowah Al Faisal (member of the Saudi Arabian Royal family); Her Highness Sheikha Saif Bint Saif Mohammed Al Nahayan; Her Excellency Raja Easa Al Gurg (Managing Director of Easa Al Gurg Group); Her Excellency Razan Al Mubarak (Secretary-General of the Environment Agency Abu Dhabi); Dr. Isobel Coleman (senior fellow at the Council on Foreign Relations, New York); Zeinab Badawi (BBC World News anchor); Hala Gorani (CNN anchor); and Sigourney Weaver (award-winning actress and humanitarian).

Commenting on the sponsorship, Carl Sheldon, CEO of TAQA, said: “We have adopted a multi-faceted Emiratisation strategy to deliver on a plan to recruit, train, develop and integrate UAE nationals at all levels in our business. This sponsorship of Zayed University’s Women as Global Leaders Conference reaffirms our commitment to support the Abu Dhabi Government’s initiative and is a step towards developing a broader range of areas of cooperation with Zayed University and other educational institutions in Abu Dhabi to further our Emiratisation goals. It is an honour and a privilege to partner with Zayed University for this important programme."

Dr. Sulaiman Al Jassim, Vice President of Zayed University, said: “The Women as Global Leaders Conference continues the University’s commitment to the development and promotion of women’s leadership. Zayed University is appreciative of TAQA's visionary thinking and their commitment to increasing the number of Emiratis in leadership positions within the energy sector makes them an ideal partner for this event. We are thankful for TAQA’s generous support and delighted to be working alongside the nation’s energy champion."

TAQA is creating opportunities for UAE nationals with the goal of increasing the number of Emiratis in leadership positions in the company’s global businesses. Some of these initiatives include the Emiratisation Trainee Programme; a two-month internship programme, and the TAQA Leadership Programme which aims to create opportunities for experienced UAE nationals.

- ENDS -

Contact Information for Media – TAQA Global Media Relations

Allan Virtanen
Head of Corporate Communications
Mobile: +971 (0) 56 685 2717
Tel: +971 2 691 4900
Email: allan.virtanen@taqaglobal.com

Chaza Eskandar
Associate-Public Relations & Corporate Communications
Mobile: +971 (0) 50 811 9686
Tel: +971 (0) 2 691 4962
Email: ceskandar@taqaglobal.com

About TAQA

TAQA is a global energy company majority owned by the Abu Dhabi Government and listed on the Abu Dhabi Securities Exchange.

Its activities include oil and gas, power generation and water desalination across five continents.

With operations in the UK, the Netherlands, North America, the company’s Oil & Gas business includes exploration and production, storage and pipelines. TAQA produces almost 137,000 barrels of oil equivalent per day as well as operating and developing extensive gas storage facilities in the Netherlands.

TAQA is one of the largest independent power producers in the world with power plants located in the United Arab Emirates, Oman, Morocco, Saudi Arabia, Ghana, India, and the United States. TAQA is the majority owner in the facilities that provide 98% of the water and electricity requirements in the Emirate of Abu Dhabi.

Established in 2005, TAQA’s entrepreneurial culture has laid the foundations for long-term sustainable growth building on its commitment to people, safety and the environment.

TAQA Supports Disadvantaged Children of UAE 16 Dec 2008
The Abu Dhabi National Energy Company (TAQA), a publicly listed company on the Abu Dhabi Securities Market (ADX: TAQA), today reaffirmed its commitment to the local community by donating AED 300,000 to the Abu Dhabi based Future Centre for Special Needs, a centre providing special education and rehabilitation services to people with disabilities between the ages of 3 and 20 years old.

Abu Dhabi, United Arab Emirates - The Abu Dhabi National Energy Company (TAQA), a publicly listed company on the Abu Dhabi Securities Market (ADX: TAQA), today reaffirmed its commitment to the local community by donating AED 300,000 to the Abu Dhabi based Future Centre for Special Needs, a centre providing special education and rehabilitation services to people with disabilities between the ages of 3 and 20 years old.

Established in 2000, the Future Centre for Special Needs is a non-profit organization aimed at improving the lives of young people suffering with disabilities such as Down’s syndrome, autism, cerebral palsy, hearing impairments and other learning difficulties.

Speaking about the donation, Peter Barker-Homek, CEO of TAQA, said: “As a leading Abu Dhabi based company, TAQA recognizes its responsibility to the local community and we fully support social initiatives that improve the lives of people living in the UAE. The contribution that the Future Centre for Special Needs makes to the lives of disabled children is immeasurable and we are delighted to support this inspiring organisation.”

The donation from TAQA will greatly benefit the organisation by contributing towards the sponsorship of at least four children with Down’s syndrome, the acquisition of specialized educational programmes for students with Down’s syndrome and the procurement of assessment tools specific to Down’s syndrome. In addition, the money will be used to actively support the Down’s syndrome Parent Support Group.

Dr. Mowfaq M.A.Mustafa, the Director at the Future Centre for Special Needs said: “The Future Centre for Special Needs is committed to equipping disadvantaged individuals with the necessary knowledge and skills to enable them to realise their full potential in a safe, secure, and stimulating environment, and to help them lead more fulfilling lives. We welcome the unwavering support of TAQA and thank them for their valued contribution to the lives of disabled children across the UAE.”

Of the 181 students at the Future Centre for Special Needs, 41 have Down’s syndrome. Down’s syndrome is a genetic disorder that delays physical and intellectual development. The condition varies in severity, so developmental problems may range from mild to serious. The children with Down’s syndrome at the Future Centre are provided with individualized education programs so as to address their individual learning needs.

Down’s syndrome is the most common genetic cause of severe learning disabilities in children, occurring in one in every 800 infants. The condition is named after John Langdon Down, the doctor who first identified the syndrome.

- ENDS -

Contact Information for Media:

Allan Virtanen
TAQA Media Relations, Abu Dhabi

Tel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation. 

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development. 

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA opens recycling centers across UAE 9 Jun 2008
ABU DHABI,United Arab Emirates – Abu Dhabi National Energy Company PJSC (TAQA) has today opened the fourth of its ten proposed recycling centres in the UAE, in partnership with Emirates Environmental Group (EEG).

ABU DHABI, United Arab Emirates – Abu Dhabi National Energy Company PJSC (TAQA) has today opened the fourth of its ten proposed recycling centres in the UAE, in partnership with Emirates Environmental Group (EEG).

"TAQA’s leadership in the education of environmental issues has resulted in our support of the creation of ten recycling sites at schools, colleges and universities across the Emirates," Peter Barker-Homek, Chief Executive Officer of TAQA, says. "We are proud to be involved with the Reduce, Reuse and Recycle Campaign, highlighting our active relationship with EEG and reflecting our continued dedication to protecting the environment."

EEG will operate and manage the ten proposed recycling centres. To date three have been opened at Al Hosn University in Abu Dhabi, American International School in Abu Dhabi and Global English High School in Al Ain, with the fourth opening at Our Own English High School in Fujairah. A further six centres will open in the coming months across the rest of the UAE.
The facilities will recycle paper, aluminum cans and plastic. The recyclables will be collected and transported by EEG to a factory for recycling. This will be the fourth recycling centre managed by EEG in the Emirates.

TAQA is an associate member of Emirates Environmental Group.

- ENDS -

Contact Information for Media:

Allan Virtanen
TAQA Media Relations, Abu Dhabi

Tel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation. 

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development. 

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL

TAQA Aims to be Role Model Company for Emiratization 11 Aug 2007
The Abu Dhabi National Energy Company (TAQA PJSC) has demonstrated its firm commitment to employing an increasing percentage of UAE nationals through adopting a successful

TAQA Aims to be Role Model Company for Emiratization

CEO: ‘UAE Employment Talent Pool Growing Every Year’

Abu Dhabi, United Arab Emirates - Abu Dhabi National Energy Company (TAQA PJSC) has demonstrated its firm commitment to employing an increasing percentage of UAE nationals through adopting a successful policy of recruitment and retention, a company source recently said.

The Abu Dhabi-based energy group – which currently operates assets in nine countries on four continents and employs approximately 1,800 staff – revealed that special importance will be attached to reinforcing Emiratization strategies aimed at&nbsp; providing appropriate job opportunities for capable UAE nationals and creating an environment where their development is a top priority .

Through the successful implementation of these strategies, the company is aspiring to become a role model company for successful Emiratization.

Currently, around 20 percent of employees at TAQA’s Abu Dhabi headquarters are UAE nationals, with plans in place to increase that percentage to 30 percent by the end of 2007, and to hit 40 percent by this time next year.

The UAE Government, under the leadership of The President HH Sheikh Khalifa bin Zayed Al Nahyan, has laid greater emphasis on Emiratization as the way forward for its growing economy and has placed a number of initiatives in place to encourage the employment of UAE nationals in both the public and private sectors.

“Emiratization is a very positive force in the country’s economy,” said Abdulla Khunji, TAQA’s Abu Dhabi-based Chief of Staff and an Emirati national.&nbsp; “By encouraging nationals to reside in their own country and seek challenging work in the country’s most competitive public and private places of work, the UAE government is sending a clear message: we value your contribution to our growing economy, and we recognize you as our greatest assets.”

Khunji added that the growing numbers of highly educated and qualified UAE nationals available in the market today has facilitated and accelerated the government’s Emiratization strategies.

He added that it is far easier to recruit qualified UAE nationals now than it was perhaps a decade ago, when not all young nationals were encouraged to seek competitive employment, particularly in the country’s private sector.

The UAE’s 2006 real GDP growth was reported at 10.2% - the highest of any Gulf state.

“Actively contributing to the full development of the UAE’s human potential is of paramount importance to TAQA’s Board of Directors and executive-level management,” said Peter Barker-Homek, Chief Executive Officer of Abu Dhabi National Energy Company PJSC.

“As TAQA grows internationally, we envision that a substantial portion of our future management at assets across the globe will be UAE nationals.&nbsp; And, with the UAE talent pool growing every year, TAQA should have no difficulty in its continuing efforts to gainfully employ educated, motivated, and committed UAE nationals at all levels, both here and abroad,” added Barker-Homek.

Training and on-the-job experience is widely believed to be the most important attraction for UAE nationals of all ages seeking both public and private employment.

TAQA has met this demand with a company structure that allows for the absorption of talented UAE nationals at all levels.

“We have a solid job opportunity waiting for the right Emiratis,” Barker-Homek said, “because we are in a very aggressive growth phase.&nbsp; And, as our current UAE national colleagues can attest, TAQA offers unending challenges and opportunities, in addition to formal training across various disciplines, from finance to engineering.”

TAQA has also demonstrated a strong commitment to employment of nationals in other countries in which it operates, including: Ghana, Morocco, Saudi Arabia, India, United Kingdom, and the Netherlands.

In the Netherlands, for example, TAQA has appointed the company’s first Dutch national as managing director in more than 40 years.

- ENDS -

Contact Information for Media:
Allan Virtanen
TAQA Media Relations, Abu Dhabi

Tel +971 2 691 4894; Mob +971 56 685 2717
Allan.Virtanen@taqaglobal.com

About TAQA

Established in 2005, TAQA is a diversified international energy group headquartered in Abu Dhabi, the capital of the United Arab Emirates, and listed on the Abu Dhabi Securities Exchange (ADX: TAQA).

TAQA’s business is made up of three operating divisions spread across the entire energy value chain: power generation & water desalination; oil and gas exploration & production; and emerging & alternative energy technologies.

Power & Water: TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98% of the water and electricity requirements in Abu Dhabi. TAQA's power plants are located in the UAE, Morocco, Oman, Saudi Arabia, Ghana, India, and USA.

Oil & Gas: with operations in Canada, UK, the Netherlands, USA and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.

Emerging & alternative energy technologies: TAQA Energy Solutions is dedicated to alternative and technology-driven energy initiatives for long-term efficient energy production and generation. 

TAQA’s vision is to deliver ‘Energy for Growth’: growth within the business; social and economic progress in the communities where TAQA operates; and increased value for our shareholders.

Over the past 40 years the UAE and Abu Dhabi have pursued a vision embodied by progressive development, investment and the highest global standards. TAQA is proud to align its strategy both domestically and globally to Abu Dhabi’s economic vision 2030, working towards sustainable economic development. 

For more information about TAQA visit: www.taqaglobal.com or Twitter: @TAQAGLOBAL