Europe’s first uncrewed offshore integrity inspection undertaken by TAQA
TAQA Netherlands has become Europe's first oil and gas operator to complete an uncrewed offshore integrity inspection.
Taqa
State funds moving greener, continuing shift from oil
These investors put $18.7 billion into renewables in 2022 and only $6.7bn into hydrocarbons.
TAQA, Adnoc complete Masdar deal, pledge rapid expansion
TAQA and Adnoc have completed the acquisition of stakes in clean energy operator Masdar, coming in alongside Mubadala Holdings.
Bilfinger UK enters into offshore collective bargaining deal following May’s wildcat strikes
A bargaining agreement - covering Bilfinger UK's inspection teams working on Taqa’s North Sea assets – has been struck.
‘Basically impossible’ for UK to get a heavy lift business
The UK will spend billions removing oil and gas assets over the next decade, and billions more installing offshore windfarms – so why doesn’t it have a heavy lift business to capitalise on it?
Wood decommissioning boss ‘rarely’ sees local content in UK tenders
The decommissioning boss at Wood said she “rarely” sees local content requirements for UK projects, despite an impending industry target on the issue.
TAQA and Spirit launch legal action against Viaro over Brae decom costs
TAQA and Spirit Energy are taking fellow North Sea firm Viaro Energy to court to recover costs linked to decommissioning the Brae oilfield.
Annual Offshore Achievement Awards nominations closing soon
The deadline for Annual Offshore Achievement Awards nominations is fast approaching with the show set for Aberdeen's P&J Live for its 36th anniversary.
TAQA maintains profitable run in ‘most productive’ year
TAQA continued its run of bumper profits in the third quarter, driven again by outperformance from its oil and gas arm.
Schlumberger-backed Arabian Drilling surges in Riyadh debut
Arabian Drilling, a Saudi oilfield-services firm partly held by Schlumberger, surged in its trading debut after raising $710 million from its initial public offering in Riyadh.
TAQA in decommissioning push as North Sea assets enter final decade
“In the early 2030s we will have probably removed all of the assets we have operating at the moment,” says David Wilson, decommissioning and projects director at TAQA (ADX: TAQA).
Waldorf Production buys TAQA and Dana Dutch oil and gas businesses
Waldorf Production has struck deals to buy the Netherlands businesses of fellow North Sea producers TAQA and Dana Petroleum.
Taqa share of decommissioning Brae Area up $352m after Fujairah default
Taqa’s share of the decommissioning bill for the Greater Brae Area (GBA) has increased by more than $350 million after a licence partner defaulted on its liability.
Wood to create 300 new UK jobs amid North Sea push
Energy services giant Wood is expecting to create around 300 new jobs thanks to a surge in activity in the UK North Sea.
Allseas lands huge North Sea decommissioning contract with Taqa
Allseas has won what it has described as the largest ever single decommissioning contract for the UK North Sea by weight with operator Taqa.
TAQA to snap up AMPS in wider MENA move
Saudi Arabia’s TAQA has struck a deal to buy Al Mansoori Petroleum Services (AMPS) for an undisclosed amount.
Taqa toasts £1.1 billion profits as oil and gas prices surge
Abu Dhabi state energy firm Taqa toasted a 54% surge in profits for the first half of 2022 amid an oil and gas price windfall.
Taqa sticks, Serica twists: What’s the landscape for North Sea M&A deals?
With Serica Energy looking outside of the UK North Sea for M&A deals and Taqa deciding to hold onto its UK assets, what are the implications for the market?
Abu Dhabi’s Taqa to retain most oil and gas assets after review
Abu Dhabi National Energy Co. said it will retain the vast majority of its oil and natural gas assets following a review, citing the strong contribution of those businesses to earnings.
Taqa completes major decommissioning operation at Brae field
Taqa has celebrated completion of a major decommissioning project at the Brae field in the North Sea.
Work resumes on giant Brae decommissioning campaign for Taqa
Work has resumed on a huge decommissioning campaign at the Taqa-operated Brae field in the North Sea
Taqa and ADNOC take control of UAE’s Masdar in $2bn deal
Taqa and ADNOC have struck a $1.9 billion deal to acquire controlling stakes in Abu Dhabi’s clean energy firm Masdar.
Petrojet, Taqa sign deals on Equatorial Guinea work
Egyptian companies have struck deals to carry out work in Equatorial Guinea, according to recent high-level talks.
Regulator approves removal plans for Brae Bravo jacket
Regulators have approved TAQA’s plans to remove a section of the remaining jacket structure at Brae Bravo, following a successful topsides decommissioning campaign last year.
North Sea strikes: ‘Wildcat action is in no one’s interest’ says trade body
The industry trade body has hit back at a series of unofficial strikes taking place in the North Sea.