Taqa, the international energy company from Abu Dhabi, has received approval from the UK government for development of its Morrone field (block 9/23b) in the Central North Sea.
The initial phase of development will consist of an e
Moroccan power firm Jorf Lasfar Energy Company, owned by Abu Dhabi National Energy Company, has raised 1.5 billion dirhams ($182 million), traders said, in one of the first share offers in Morocco in almost two years.
The sale hel
Abu Dhabi National Energy Company (Taqa), an international energy and water company, aims to reduce general and administrative costs by more than $20 million in 2014 with a reorganisation at its headquarters.
State-owned Abu Dhabi National Energy Company (Taqa) has sent out an invitation to banks to pitch for arranger roles on a possible international bond offering, according to sources.
Taqa was last in the market exactly a year ago,
Abu Dhabi National Energy Company (Taqa) has appointed Michael T McGuinty as its general counsel and company secretary.
McGuinty will take over the role in January and will be based in Abu Dhabi. He succeeds Steven Phillips, who r
Abu Dhabi National Energy Co (Taqa) has agreed to sell its 40 per cent stake in a Dutch natural gas pipeline to a Danish pension fund for $240 million, the state-owned Gulf firm said in a statement on Sunday.
The sale of the stake
TAQA, the international energy company based in Abu Dhabi, today reported that it returned to profit in the third quarter of this year after posting a loss in the same period last year.
The company posted a net profit of Dh146 mil
Arab Petroleum Investments Corporation (Apicorp), a Saudi-based multilateral bank owned by the Arab states, has reached a deal with Arabian Pipes Company (APC) to acquired its 5.62 per cent equity stake in Saudi-based Industrialization and Energ
Abu Dhabi National Energy Co (Taqa) said it has received approval from the Kurdistan Regional Government (KRG) for the first phase in the development of the Atrush Block in the autonomous region of Iraq.
The Taqa-operated block is
Abu Dhabi National Energy Co (Taqa) may shelve a $12 billion power project in Turkey amid a deteriorating economic outlook and increasingly difficult financing conditions, Turkish energy industry sources said on Monday.