Gulf Oil and Gas accountACCOUNT

TAQA Receives South Korea Delegation in Abu Dhabi

Source: www.gulfoilandgas.com 10/16/2012, Location: Middle East

Abu Dhabi National Energy Company PJSC (TAQA) received a private-public delegation from the Republic of Korea. The visit is part of a series of meetings to foster cooperation between Abu Dhabi and South Korea in global energy investments and follows a visit by a TAQA delegation to South Korea in September 2012.

Carl Sheldon, Chief Executive Officer of TAQA, commented: “We look forward to deepening our ties with Korea in global energy initiatives. The competitiveness of Korean EPC contractors and TAQA’s unique global footprint and unique ties to governments in the MENA region is a winning combination to drive new business.”

The South Korean delegation was led by the Deputy Minister for International Affairs of the Ministry of Knowledge Economy and included representatives of the Embassy of the Republic of Korea to the United Arab Emirates; Korea Trade-Investment Promotion Agency; Korea Electric Power Corporation (KEPCO), Korea Investment Corporation; Samsung; Daewoo; Doosan; Hana Financial Group and Korea Plant Industries Association.

TAQA already works in partnership with Korean companies KEPCO, Daewoo, Samsung, SK Group, Doosan and Export-Import Bank of Korea (Korea EximBank) in its power generation and water desalination operations and new business development opportunities in the United Arab Emirates and internationally.

Korea EximBank is a long-term strategic partner providing financing for new power generation projects including the landmark USD 1.4 Billion project financing arrangements for TAQA’s Jorf Lasfar power plant expansion in Morocco. This was the first time the Korean export credit agency had participated in a project finance transaction in Morocco.

Investment News in United Arab Emirates >>

United Kingdom >>  2/24/2021 - Reabold, the investor in upstream oil and gas projects, is pleased to announce that, further to the announcement on 22 February 2021 , the Company has...
Nigeria >>  2/22/2021 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, notes the announcement on the funding arrang...

United Arab Emirates >>  2/22/2021 - The Abu Dhabi National Oil Company (ADNOC) has announced, its Thamama Center of Excellence (Thamama) has generated $1.1 billion (AED 4.04 billion) in ...
United Kingdom >>  2/22/2021 - Integrated subsea technology and services provider Ashtead Technology has invested £1million to develop a new R&D and engineering facility in Aberdeen...

Nigeria >>  2/21/2021 - The Department of Petroleum Resources (DPR) has called on businessmen to invest in the oil and gas industry instead of indulging in illegal refineries...
Italy >>  2/19/2021 - Eni's Board of Directors, chaired by Lucia Calvosa, yesterday approved the unaudited consolidated results for the full year and the fourth quarter of ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Insurance  Investment  Mergers and Acquisitions  Risk Management 


United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.