TAQA is organised into two business streams: Oil & Gas and Power & Water.
Oil & Gas
TAQA’s Oil & Gas operations are located in North America, the United Kingdom and the Netherlands and comprise crude oil and natural gas exploration, production, processing, transmission and storage.
In North America, TAQA has over two and a half million gross acres containing 465 mmboe of proven and probable reserves. TAQA’s average production in this region for 2010 was 88,582 boe/d.
In the United Kingdom, TAQA produced an average of 37,329 boe/d in 2010 through four operated platforms and non-operated interests in the UK North Sea. TAQA is also the operator of the Brent Pipeline System.
In the Netherlands, TAQA is primarily a midstream operator with the PGI Alkmaar gas storage facility and various pipeline interests. Together with its partner, TAQA is planning on building a second gas storage facility near Alkmaar, the Netherlands: the Bergermeer Gas Storage. The facility is expected to be fully operational in 2013. The Company also produced 8,716 boe/d in 2010 through onshore and offshore facilities.
For more information about the Bergermeer Gas Storage project, please visit: www.gasopslagbergermeer.nl
Power & Water
TAQA provides 98 per cent of the water and electricity requirements of the Emirate of Abu Dhabi. This business has been the springboard of the company’s international expansion and TAQA’s power generation activities are now located in a further four countries (Ghana, India, Morocco and the Kingdom of Saudi Arabia). The combined power capacity equates to 14,834 MW and 787 MIG/d of desalinated water capacity.