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Industry Center - Oil & Gas Drilling & Exploration
Industry Center > Oil & Gas Drilling & Exploration > Abu Dhabi National Energy Company PJSC Company Profile
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Abu Dhabi National Energy Company PJSC Company Profile
The power-hungry Abu Dhabi National Energy Company (doing business as TAQA) has become a global player in just a few short years. TAQA operates in three segments -- Upstream (exploration and production); Downstream (power generation and water desalination); and Midstream (storage, transportation, and processing infrastructure). In 2010 the company reported proved and probable reserves of about 570 million barrels of oil equivalent. Its subsidiaries have a global power generating capacity of more than 9,450 MW. TAQA provides 98% of Abu Dhabi's power and water supply. TAQA also owns a 90% stake in a hydroelectric power plant in Ghana and a 25% interest in a steam plant located in Jubail, Saudi Arabia.
Contact Information
Address: ADWEA Research Centre, 7th Fl., Jawazat Street
Abu Dhabi, United Arab Emirates
Financial Highlights
Fiscal Year End:December
Key People
Chairman: Saeed M. Al Hajeri
COO: Edward LaFehr
Acting CFO: Ryan Wong
Industry Information
Sector: Basic Materials
Industry: Oil & Gas Drilling & Exploration
Top Competitors
Apache North Sea Limited
Canadian Natural Resources Limited (cnq)
Encana Corporation (eca)

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