Killajoules

Cormorant Alpha Hydrocarbon Leak
TAQA, the global energy company based in Abu Dhabi, can confirm that a hydrocarbon release was detected in one of the Cormorant Alpha platform legs in the northern UK North Sea.

TAQA Confirms Initial Flows In Brent Pipeline System
Abu Dhabi National Energy Company PJSC (TAQA) confirms that initial flows of crude oil have resumed in the Brent pipeline system following a precautionary shutdown on Monday.

TAQA reports incident in UK North Sea
Abu Dhabi National Energy Company PJSC (TAQA) can confirm that an indication of hydrocarbons was detected in one of the legs of the Cormorant Alpha platform in the northern UK North Sea at 16.15 hours local UK time on January 14.

BP to Sell Package of Central North Sea Assets to Taqa for $1.1 Billion
BP announced today that it has agreed to sell its interests in a number of central North Sea oil and gas fields to TAQA for $1.058 billion plus future payments which, dependent on oil price and production, BP currently expects will exceed $250 million. The assets included in the sale are BP’s interests in the BP-operated Maclure, Harding and Devenick fields and non-operated interests in the Brae complex of fields and the Braemar field.

TAQA reaches a conditional agreement to acquire North Sea assets from Premier
TAQA Bratani Limited (“TAQA Bratani”), the UK subsidiary of Abu Dhabi National Energy Company PJSC, has agreed to purchase from Premier Oil plc (“Premier”) certain assets that Premier will acquire following completion of its acquisition of Encore Oil plc. Under the agreement, TAQA will acquire a 16.6% per cent working interest in the Sterling-operated Cladhan area that is located in Blocks 210/29a and 210/30a in the Northern North Sea 17.5 km southwest of the TAQA operated Tern platform, for a consideration of $54.8 million including an allocation for tax allowances. TAQA has also agreed to farm-in to Blocks 28/5, 29/1d and 28/10a located in the Central North Sea.

Senergy Awarded Taqa Contract On Flagship European Gas Storage
Global diversified energy services company Senergy has been awarded a significant contract by Abu Dhabi National Energy Company PJSC (TAQA) to work on a flagship onshore underground natural gas storage project which will significantly enhance the security of energy supply in the Netherlands and other parts of Europe.