According to TAQA's Abu Dhabi-based chief executive, Peter Barker-Homek, TAQA has appointed a new managing director, Paul van Gelder, to head its Netherlands exploration and production unit, TAQA Energy B.V.
Van Gelder - the first Dutch national to assume the post in more than forty years - will assume his role from 1 July 2007 and will be based in The Hague, Netherlands.
"TAQA Energy B.V. has ambitious growth plans for Europe's expanding energy sector, but to fully leverage the opportunities presented to the company, it is critical that the right management team be in place. Paul van Gelder's position is a critical component of that new management architecture," said Peter Barker Homek, CEO of Abu Dhabi National Energy Company PJSC.
Van Gelder was promoted to his new role from within the TAQA Energy company, where he most recently served as project director of the Bergermeer Gas Storage project.
The Abu Dhabi National Energy Company PJSC (ADSM: TAQA) acquired BP Netherlands (BPNE) on 1 February 2007, at which point the company became known as TAQA Energy B.V.
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TAQA Energy B.V. appoints new Managing Director in bid to solidify long-term European growth plan
- United Arab Emirates: Sunday, July 01 - 2007 at 11:55
- PRESS RELEASE
The Abu Dhabi National Energy Company PJSC (ADSM: TAQA) this week confirmed its intention to expand aggressively into Europe's growing energy sector through its European subsidiary TAQA Energy B.V.
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About Abu Dhabi National Energy Company PJSC (TAQA)Abu Dhabi National Energy Company (TAQA) www.taqa.ae is a global energy company with investment capabilities in power generation, CHP, desalination, renewables, upstream oil/gas, pipelines, services, structured finance and the creation, syndication and management of assets. TAQA was founded in Abu Dhabi in 2005 and listed on the Abu Dhabi Stock Exchange. At year end 2006 TAQA had in excess of AED 51bn in assets and generated AED 4.8bn revenue. The company currently has in excess of 10,000 MW (gross) of installed generation, upstream oil/gas production, gas processing, pipelines and natural gas storage. TAQA operates from its offices in Abu Dhabi, The Hague, Ann Arbor, Aberdeen and Amsterdam with alliance partners across the Gulf, Middle East, North Africa, Sub-Saharan Africa, Europe, Asia, and the United States.
Posted by Lara Lynn Golden, News EditorSunday, July 01 - 2007 at 11:55 UAE local time (GMT+4)
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