1. Regional Reports
    2. North Sea & Europe

    TAQA assessing options for its North Sea fields

    Sept. 6, 2021
    The review will assess options for the oil and gas division and the best way forward for its future development, TAQA said, including the potential sale of some or all the assets.
    (Courtesy TAQA)
    Tern Taqa 61364eb2e8792

    Offshore staff

    ABU DHABI, UAE – Abu Dhabi National Energy Co. (TAQA) has started a strategic review of its oil and gas operations.

    Since 2005, the company has amassed a portfolio of upstream and midstream operations in the UK northern North Sea, the Netherlands (some offshore), Canada and the Kurdistan Region of Iraq.

    During the first half of 2021, production across the portfolio was more than 124,000 boe/d.

    The review will assess options for the oil and gas division and the best way forward for its future development, TAQA said, including the potential sale of some or all the assets.

    09/06/2021

    Continue Reading