Abu Dhabi National Energy Company (TAQA)

TAQA operates in the energy sector, focusing on oil and gas production. The company manages the Atrush Block in the Kurdistan Region of Iraq, a significant petroleum basin. Covering 269 square kilometers, the Atrush Block is located 85 km northwest of Erbil, the capital of the Kurdistan Region. The field was discovered in 2011, and production commenced in 2017. In its first two and a half years, the Atrush field produced over 20 million barrels of oil, demonstrating increasing efficiency over time.

TAQA serves clients in the energy market, including government entities and large-scale industrial consumers. The company operates on a business model that involves the extraction, production, and sale of crude oil. Revenue is generated through the sale of this oil to various clients, including government-owned corporations and private enterprises.

Additionally, TAQA owns and operates a 250 MW lignite-based thermal power plant in Neyveli, Tamil Nadu, India. The power generated is sold to the Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), a government-owned power generation and distribution company.

TAQA's operations are crucial for energy supply in the regions it serves, contributing significantly to local economies and energy infrastructures.

Keywords: oil production, Atrush Block, Kurdistan, petroleum basin, energy sector, crude oil, thermal power plant, lignite-based, TANGEDCO, Tamil Nadu.