Building on the long history (more than 50 years) of TAQA’s first subsidiaries “the Arabian Drilling Company (ADC) and the Arabian Geophysical and Surveying Company (ARGAS)”, TAQA is expanding its Oilfield Services and Equipment (OFSE) portfolio through different investment approaches, varying from acquiring an equity stake to a full acquisition of international OFSE technology companies. TAQA’s proximity to the largest Oil reserves coupled with a strong partnership with the largest Oil & Gas producer in the world, puts TAQA in a unique position to extract the utmost value and bring highest return on these investments.
TAQA at a Glance
In line with Vision 2030 and the Kingdom’s ambition plans to create a vibrant society in a thriving economy, TAQA’s mandate is to lead the way in localizing industries, supplying specialized equipment and providing Oilfield Services for the exploration and development of Oil & Gas resources in the Kingdom of Saudi Arabia and the rest of the Middle East / North Africa region.