Ex-Taqa boss Koot takes charge at LGO Energy
Former Taqa UK boss Leo Koot has taken on the executive chairman role at Trinidad-focused LGO Energy.
Former Taqa UK boss Leo Koot has taken on the executive chairman role at Trinidad-focused LGO Energy.
Abu Dhabi National Energy Co., the government-run company known as Taqa, is generating cash from overseas oil and natural gas operations and wants to sell some higher-cost wells in North America after reporting a record $5.2 billion loss last year.
North Sea operator Taqa said yesterday it had completed a two year transformation project, achieving savings of £2.9billion across its global business.
Step Change in Safety (SCiS) has appointed the acting managing director of TAQA as new co-chair of its leadership team.
The Aberdeenshire-based managing director of Taqa’s European business is leaving the company.
Abu Dhabi’s North Sea operations booked a $1.1billion (£915.5million) impairment on its assets, driving its results deep into the red for 2015.
Following its launch during last month’s Intelligent Energy event, entries have opened today for the 2017 Offshore Achievement Awards.
Abu Dhabi National Energy Co. bonds are outperforming regional debt just as the government-controlled utility known as Taqa considers selling more debt this year to pay off bonds.
Taqa’s slash and burn CAPEX strategy still resulted in a first half loss for the firm.
TAQA today announced the man in charge of the company's restructuring project, Saeed Hamad Al Dhaheri, is to become acting chief operating officer.
A 43% drop in TAQA’s oil and gas business forced the group’s revenue down by 24%, dropping to AED 3.9billion.
Abu Dhabi National Energy Co., which produces oil and natural gas from Canada to North Africa, reported a net loss for the first quarter as revenue declined because of lower crude and natural gas prices.
TAQA, the Abu Dhabi based energy company, responding to reports it was considering selling its international oil and gas assets said it remains committed to investing in its portfolio.
Abu Dhabi National Energy Co is considering whether to sell its overseas oil and gas assets to another Abu Dhabi state-owned entity as it focuses on its core business of power generation and water production.
Energy logistics provider Peterson has secured a deal with operator TAQA to support the Middle East company's North-Sea assets.
Wood Group has landed a two-year North Sea deal with Taqa.
The UK North Sea arm of Middle East energy firm Taqa cuts its overheads by 30% during 2015 as the industry waged war on costs.
Abu Dhabi National Energy Co., the government-controlled utility pumping crude and natural gas from Canada to the UK, said it’s cutting capital expenditure and planning to sell assets after low oil prices slashed oil and gas revenue by almost half.
Taqa has confirmed production has recommenced on its Harding platform which was shut down following a gas leak at the weekend.
Production is expected to recommence later today on TAQA's Harding platform which was shut down following a gas leak at the weekend.
A North Sea oil platform has been shut down after a gas leak this weekend.
A milestone has been marked in an industry wide effort to maximise economic recovery in the UKCS. Taqa said the first imports of fuel gas have been delivered to participating Northern North Sea (NNS) platforms.
An investigation has been launched after a North Sea platform was left without a number of core personnel on board.
North Sea oil firm Taqa said yesterday it expected production start-up for the Cladhan discovery before the end of the year.
State-owned Taqa swung to loss for its third quarter financial results.