TAQA (Industrialization & Energy Services Co.)
About
Since its inception, TAQA (Industrialization & Energy Services Co.) has been a champion in providing leading products and services to the energy industry in Saudi Arabia, enabling performance and sustainable business for our customers. TAQA has invested heavily in bringing new industrial sectors, such as seamless pipe manufacturing to the Kingdom. TAQA is also leading the way in pioneering training programs, development of the small-to-medium enterprise community, and launching key R&D projects.
TAQA continues working towards building an integrated suite of capabilities across drilling, completions and production services, further supporting the Kingdom in developing a competitive and reliable local supply chain.
TAQA was established in 2003. The Saudi Government, through the Public Investment Fund, owns 45% of TAQA, while the remaining 55% is owned collectively by Joint Stock Companies and several private and industrial investors representing a cross-section of the Saudi industrial community.
Transactions
Saudi TAQA Drilling Unit To Buy Schlumberger's Middle East Rigs
Saudi TAQA Drilling Unit To Buy Schlumberger's Middle East Rigs
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News
E&P Highlights: May 29, 2023
Here’s a roundup of the latest E&P headlines, including a find that could expand the Yggdrasil development in the North Sea and contract awards in the upstream oil and gas industry.