18 January 2012, Abu Dhabi, UAE - Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced that the Board of Directors has appointed Dr Saif Al Sayari as Executive Officer responsible for developing TAQA's alternative and technology-driven energy initiatives, reporting to Carl Sheldon, CEO of the company.
Carl Sheldon, CEO, TAQA, commented: "As part of our strategy TAQA will compliment existing operations with alternative and technology-driven energy initiatives. We are currently pursuing several alternative energy initiatives at different levels and Dr Al Sayari will help us realise these projects within a single focused global team based at our headquarters in Abu Dhabi."
Dr Al Sayari has over 12 years experience in the energy business, having previously worked at Abu Dhabi National Oil Company (ADNOC) where he held a variety of technical and managerial positions. Dr Al Sayari previously served as Vice President Operations Technology and Innovations for TAQA's Oil & Gas business stream.
Dr Al Sayari and the newly developed Energy Solutions business stream will continue to develop TAQA's centre of excellence in advanced technology solutions for TAQA's global Oil & Gas and power generation operations.
Dr Al Sayari holds a PhD in Petroleum Engineering from Imperial College London.
-Ends-
About TAQA - www.taqaglobal.com
Abu Dhabi National Energy Company (TAQA) is a global energy company majority owned by the Abu Dhabi Government and listed on the Abu Dhabi Securities Exchange. TAQA's main activities include the oil and gas business, power generation and water desalination across four continents.
TAQA is one the largest independent power producers in the world and the majority owner of the facilities that provide 98 per cent of the water and electricity requirements in the Emirate of Abu Dhabi. TAQA's power plants are located in the United Arab Emirates, Morocco, Oman, Saudi Arabia, Ghana, India, and the United States.
With operations in Canada, the United Kingdom, the Netherlands, the United States and Iraq, TAQA's oil and gas business includes exploration and production, underground gas storage and pipeline transportation.
Its entrepreneurial culture, along with a commitment to people, safety and the environment, has created strong foundations for the long-term sustainable growth of their business.
Follow TAQA on Twitter: www.twitter.com/taqaglobal
Contact Information for Media:
TAQA Global Media Relations
Stephan Schwarz
Group Vice-President Corporate Communications
Mobile: +971 56 685 2717
Tel: +971 2 691 4871
stephan.schwarz@taqaglobal.com
Allan Virtanen
Manager Group Corporate Communications
Mobile: +31 64 61 47 448
Tel: +971 2 691 4900
allan.virtanen@taqaglobal.com
© Press Release 2012
