TAQA appoints Dr Saif Al Sayari as executive officer energy solutions

Press release

Published January 19th, 2012 - 06:23 GMT

Dr. Saif Al Sayari, Executive Officer energy solutions

Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced that the Board of Directors has appointed Dr Saif Al Sayari as Executive Officer responsible for developing TAQA’s alternative and technology-driven energy initiatives, reporting to Carl Sheldon, CEO of the company.

Carl Sheldon, CEO, TAQA, commented: “As part of our strategy TAQA will compliment existing operations with alternative and technology-driven energy initiatives. We are currently pursuing several alternative energy initiatives at different levels and Dr Al Sayari will help us realise these projects within a single focused global team based at our headquarters in Abu Dhabi.”

Dr Al Sayari has over 12 years experience in the energy business, having previously worked at Abu Dhabi National Oil Company (ADNOC) where he held a variety of technical and managerial positions. Dr Al Sayari previously served as Vice President Operations Technology and Innovations for TAQA’s Oil & Gas business stream.

Dr Al Sayari and the newly developed Energy Solutions business stream will continue to develop TAQA’s centre of excellence in advanced technology solutions for TAQA’s global Oil & Gas and power generation operations.

Dr Al Sayari holds a PhD in Petroleum Engineering from Imperial College London.

Background Information

Abu Dhabi National Energy Company

Abu Dhabi National Energy Company (TAQA) is a global energy company majority owned by the Abu Dhabi Government and listed on the Abu Dhabi Securities Exchange.

Its activities include oil and gas, power generation and water desalination across five continents. With operations in the UK, the Netherlands and North America, our oil and gas business includes exploration and production, storage and pipelines. It produces almost 137,000 barrels of oil equivalent per day in the North Sea and North America, as well as operating and developing extensive gas storage facilities in the Netherlands.

TAQA is the 6^th largest independent power producer in the world. Its power plants are located in the United Arab Emirates, Morocco, Saudi Arabia, Ghana, India, and the United States. TAQA is the majority owner in the facilities that provide 98% of the water and electricity requirements in the Emirate of Abu Dhabi.

Established in 2005, TAQA’s entrepreneurial culture has laid the foundations for long-term sustainable growth building on its commitment to people, safety and the environment.