Taqa wins American Chamber award
Abu Dhabi, February 10, 2013
Abu Dhabi National Energy Company (Taqa) said it has won the 2013 Falcon Award in recognition of its outstanding commitment to sustainable US - UAE business relations at a key charity event in the UAE capital.
The 3rd Annual AmCham Abu Dhabi Excellence Awards event was organised by the American Chamber of Commerce to honour Abu Dhabi’s most distinguished companies, institutions, and entrepreneurs.
These awards reflect the contributions of best-in-class American and Emirati individuals and organisations to business in the UAE and US - UAE commercial relations, said the organisers.
Dr Saif Al Sayari, Taqa’s executive officer and head of Energy Solutions division, said: “We are honoured to receive this prestigious award which is testament to our long-term commitment and sustainable relations with our partners in the US. North America is a strategic market for Taqa and we are proud to contribute to the unwavering bilateral relationship between the US and the UAE.”
The award was presented to AbdulKhaliq Al Ameri, Taqa's director of Knowledge Centre & Sub-Surface by the US Ambassador to the UAE Michael Corbin.
Taqa has invested more than $8 billion in its North American assets and employs more than 1,000 people at its oil & gas operations in the states of Montana, North Dakota, Wyoming and in Canada where it produced more than 88,000 barrels of oil equivalent per day in 2011.
Taqa also has an interest in a tolling agreement for the Red Oak power plant in New Jersey.
In January 2013, the Abu Dhabi group moved into the US renewable energy sector when it announced entering into an agreement to acquire a 50 per cent interest in the 205.5 megawatt (MW) Lakefield wind farm located in Minnesota.-TradeArabia News Service