By John Lee. The United Nations Office for Project Services (UNOPS) for has awarded a series of contracts for the provision and delivery of ICT equipment and licenses in Iraq: Lot 1 - Laptops: Sidra Almuntaha'a. Contract value $43,100; Lot 2 - Desktops: Canon for Trading Computers and Electronic Supplies Ltd. Contract value $887,200; Lot […]
Abu Dhabi National Energy Company PJSC (TAQA) has announced that its subsidiary, TAQA Atrush B.V. (TAQA Iraq), has set a new production record from the Atrush oil field in the Kurdistan Region of Iraq. For the first time since the field commenced production operations in July 2017, the total monthly production volume exceeded 1 million […]
By John Lee. ShaMaran Petroleum has announced the resumption of drilling operations on the Atrush block in the Kurdistan Region of Iraq. Drilling operations at the Chiya Khere-8 development well were suspended for a total of 21 days by TAQA (the Abu Dhabi National Energy Company), operator of the Atrush Block, as a precautionary measure, […]
By John Lee. In an effort to improve cash flow, the Abu Dhabi National Energy Co. (TAQA) have ended acquisition plans for some projects in Iraq and India.Security does not appear to have been a factor in the company's decision regarding an Iraq based project. However, the company are taking some precautions with ongoing oil […]
By John Lee. Taqa (Arabic for "energy") has released it's full results for 2013, announcing that the company has secured regulatory approval for the development plan of the Atrush field in Iraq. The first oil production at Atrush is expected in 2015 (see Iraq section below.) For the full report on Taqa's 2013 results, including their […]
By John Lee. ShaMaran Petroleum has announced that the Atrush partners have received approval from the Kurdistan Regional Government (KRG) for the first phase in the development of the Atrush Block. The TAQA-operated Block, located 85 km northwest of Erbil, is expected to initially produce approximately 30,000 barrels of gross oil per day (bpd) with […]
By John Lee. The Abu Dhabi National Energy Company (TAQA) has appointed Leo Koot as Managing Director of TAQA in Iraq. Mr Koot will be responsible for all of TAQA’s operations in Iraq. He joined TAQA in 2008 and is a Dutch national. David Cook (pictured), TAQA Executive Officer and Head of Oil and Gas, […]
ShaMaran Petroleum has announced its financial and operating results for the year ended December 31, 2012. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States Dollars. Highlights The Company announced on February 4, 2013 an increase of 35% in Best Estimate 2C Contingent Resources […]
WesternZagros Resources has announced a strategic investment agreement with the Abu Dhabi National Energy Company PJSC ("TAQA"). The company's shares have risen 23% since Friday's close. Under the Agreement, TAQA will purchase, through a private placement, 74 million common shares in the Company at C$0.63 per share for gross proceeds of C$46,620,000. When this private […]
Saudi industrial and energy services company Taqa (TAQA.AD) is considering investing $1.6 billion in pipelines and $133 million in offshore platforms in Qatar and Iraq, an Arabic newspaper said on Friday. Officials from Taqa told the Saudi-owned daily Asharq al-Awsat they were considering investing in the gas industry in Qatar and the oil industry in […]
