TAQA’s beginnings lie in the provision of power and water in Abu Dhabi.
We have a 54% interest in eight power generation and water desalination facilities across the country, making our UAE assets a key part of our business. The facilities’ availability performance is in the top quartile for the industry and meet approximately 90% of Abu Dhabi emirate’s electricity and water requirements. Our plants also supply clean water to the emirates of Fujairah, Sharjah and Umm Al Quwain.
Our operations in the Netherlands focus on underground storage of natural gas, and the production of oil and gas, both onshore and offshore. TAQA in the Netherlands also plays a role in the Netherlands first large-scale project to store CO₂ in a depleted gas reservoir in the Dutch North Sea.
Since acquiring our first North Sea interests in 2006 and assuming operatorship of those assets in 2008, we have played a significant role in exploration and production in the United Kingdom Continental Shelf. We operate seven platforms that produce from several fields spread across the northern and central North Sea, the majority of which is wholly owned and operated. We are also the operator of the Brent system pipeline, which connects the Cormorant Alpha platform to the Sullom Voe Terminal in Shetland, which we also have a non-operated interest in. We are now focused on safely and efficiently managing late-life operations and delivering excellence in decommissioning our assets as they reach cessation of production.
We own and operate a 250-megawatt lignite-fired power plant in Neyveli in the state of Tamil Nadu in India. The plant sells the entire capacity to Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), the local state government-owned utility.
TAQA Morocco, a subsidiary of TAQA Group, is the first private producer of electricity in Morocco and is listed on the Casablanca Stock Exchange. Jorf Lasfar power complex delivers more than 40% of Morocco’s electricity demand.
Our North American oil and gas business is focused on conventional oil and gas exploration and production in Canada. We also have power generation investments in the United States, including a gas-fired power station in New Jersey and a windfarm in Minnesota.