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TAQA aims bigger role in Europe

Posted: 26 March 2007
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The Abu Dhabi National Energy Company PJSC ( TAQA) announced its intention to see one of its European companies, TAQA Energy B.V., play an increasing role in the region’s energy sector.

Specifically, TAQA Energy B.V. will focus on E&P, storage, and LNG Regas. The company aims to be a leader in offshore LNG Regas by fully developing its facilities just off the port of Rotterdam .

The efforts of TAQA Energy B.V. will be led by its new managing director, Gregory Hay. Hay is an energy industry veteran, with considerable Netherlands experience.

“TAQA Energy B.V. is an ambitious player in Europe ’s competitive energy sector,” said Peter Barker-Homek, CEO of TAQA (pictured). “Our recent appointment of Gregory Hay as managing director of the company is a signal to the industry that TAQA Energy B.V. is a leader with very clear growth goals in E&P, storage, and LNG Regas.”

Formerly BPNE, TAQA Energy B.V. is operator of onshore and offshore production assets, the Piek Gas Installatie (PGI) facility in Alkmaar , and gas storage facilities at the Bergermeer field in the Netherlands .

Fisher Severe Service

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