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TAQA North named 2007 Best Safety Performer

  • United Arab Emirates: Monday, September 08 - 2008 at 13:13
  • PRESS RELEASE

TAQA North, a subsidiary of the Abu Dhabi National Energy Company, has been awarded the prestigious Work Safe Alberta 2007 Best Safety Performer Award for exceptional performance in workplace health and safety.

TAQA North Managing Director Tim Granger said the award recognized the company's ongoing commitment and investment into workplace health and safety best practices.

"TAQA North invests a lot of time and effort ensuring our workplace health and safety guidelines are world-class and this award recognizes this commitment,"

Mr. Granger said.

"As a global energy company we strive to set the benchmark in everything we do and workplace health and safety is a critical component of our ongoing success," added Mr. Granger.

"We will continue to invest heavily in workplace health and safety," he added.

In receiving the award, TAQA North met the following criteria:

• A current Certificate of Recognition (COR) or a Partner in good standing under the Partnerships in Health and Safety Program.
• A disabling injury (DI) rate of 40% lower than the industry's average, no DI's in the most recent 60 consecutive person years of employment, and no more than one additional DI per each additional 60 years.
• No work related fatalities in the previous three years and no outstanding compliance orders under Alberta's Occupational Health and Safety (OHS) Legislation.
• No violations of the OHS Act in connection with any incident investigated by Alberta Employment and Immigration during the past two years.
• Not currently being prosecuted for a violation under Alberta's OHS Legislation.

TAQA North is part of the TAQA family, commonly known as the Abu Dhabi National Energy Company, a leading global energy holding company, with interests in power generation, water production and oil and gas exploration and production.

The company is listed on the Abu Dhabi Securities Exchange and has a AA- credit rating from S&P and an Aa2 credit rating from Moody's.

TAQA is a dynamic organization that has developed an impressive global footprint in a relatively short period of time.

TAQA's strategy is underpinned by strategic acquisitions in Europe, North America, North Africa, Middle East and Asia, which enable the company to utilize its expertise as a best-in-class developer and operator of upstream, midstream and downstream assets.
 
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Notes and Media Contacts »

About TAQA North:

TAQA North Limited is a subsidiary company of global energy provider TAQA (the Abu Dhabi National Energy Company PJSC). Formed in August 2007, TAQA North has a diversified asset base with operations in both Canada (British Columbia, Alberta and Saskatchewan) and the United States (Montana, North Dakota and Wyoming).

TAQA North was created when TAQA acquired Northrock Resources, a subsidiary of the US firm Pogo Producing Company. TAQA's investment in Northrock was its first entry into oil and gas exploration and production in North America.

Since forming, two further acquisitions were made (Pioneer Canada and PrimeWest Energy Trust), putting TAQA among the top 12 largest oil and gas producers in Canada with a vision of becoming a $60bn global company by 2012.

TAQA's strategic goal is to build and operate a geographically diverse global portfolio of energy businesses with operations in power generation, water desalination, upstream oil/gas, pipelines, and gas storage.

For further information, kindly contact:

Timur Tezisler
Senior Consultant
Capital MS&L
P.O. Box 502679, Dubai, United Arab Emirates
T: +971 (0) 4 427 6449

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