TAQA Story

Established in Saudi Arabia in 2003, TAQA provides products and services to the energy industry, enabling the performance of its customers.

TAQA is a leader in energy solutions. We employ more than 5,000 people, from 76 different nationalities, across 20 different countries, and serve the second largest well services market in the world.

Our people are the driving force behind our success, enabling us to provide a diverse range of cutting-edge products and consistently enhance our comprehensive technology portfolio, further propelling our research and development efforts. This continuous quest for refinement differentiates us from competitors and helps us to effectively tackle the ever-evolving needs and challenges of our customers.

Our robust assortment of products and services, strategic presence in key geographic regions, and extensive technological prowess are harnessed to create a world-class energy solutions company that prioritizes innovation and forging lasting partnerships with stakeholders.

Through TAQA Well Solutions, a driver of TAQA’s growth, we offer a wide range of drilling, well completions and intervention services globally. We excel in coiled tubing, well stimulation, cementing, wireline, frac, directional drilling, downhole tools, completions, well testing, slickline, inspection, H2S & safety.

More than providing solutions, we foster enduring customer relationships that are pivotal in our pursuit of delivering value and abundant opportunities to our valued customers, esteemed shareholders, and dedicated employees.

We are also committed to supporting the communities and countries in which we operate. TAQA is also proud of its role in realizing Saudi Arabia’s Economic Vision 2030 by aligning its strategies with the nation’s overarching goals. By creating local job opportunities, fostering skill development, and actively participating in key economic sectors, TAQA supports the transformation of Saudi Arabia into a globally competitive and sustainable economy.

As part of our strategy to expand TAQA’s technology portfolio, we operate three centers of excellence spanning Drilling, Well Completions, and Well Intervention.

TAQA Product & Technologies oversees the development, implementation, management, and evaluation of our technology resources. It oversees product manufacturing, global sales, technical support and training. It drives technological advancements through R&D centers for continuous improvement, helping to solve customers’ operational challenges.

Rebranding

Our Identity

We revamped our identity to signify the bold, energetic and forward-looking culture of TAQA and convey our ambitions and commitment to sustainable growth. The brand symbolizes the values we stand for Human, Boundless and Progressive. Our logo symbolically represents our identity as forward-thinking enablers of the energy sector.

The core values that constitute TAQA’s identity as an organization imbue every aspect of our work and culture. By upholding these principles through balancing ambitious innovation with a dedication to the people and communities we operate in, we have built a global reputation that we are proud of.

Stakeholders

Shareholders
We are committed to maximize shareholder value through Profitable Revenue Growth and delivering world class investment returns.
Customers
Our customer’s value creation is focused around offering differentiated, competitive products and services, through innovative and creative commercial offering.
People
People are the center of our attention; we strive to create a sustainable environment that is empowering involving and rewarding inside and outside TAQA.

Values

Our History

TAQA has a heritage of more than 55 years, dating back to the establishment of its first subsidiaries, Arabian Drilling and the Arabian Geophysical and Surveying Company. The company is expanding its Well Services business organically and inorganically through strategic acquisitions to strengthen its technology portfolio and expand geographically.

2003
TAQA is established in Saudi Arabia
2007
Launched the first manufacturer of Seamless Pipes in Saudi Arabia
2008
Established Air Liquide Arabia, a Joint Venture with Air Liquide, for production of Industrial Gases
2008
Established Saipem TAQA AIRushaid Fabricators, a limited liability partnership with AIRushaid for Marine works and Saipem International, for fabrication of offshore facilities
2012
Established Sanjel International Saudi Arabia for Cementing & Pressure pumping Services
2017
Acquired JV partner in Sanjel International Saudi Arabia and established TAQA Sanjel
2019
TAQA acquires 100% of Cougar Drilling solutions, an industry leader in downhole tools and directional drilling
2019
Acquired a stake in Oliden Technology, advance MWD/LWD company
2020
Established TAQA Well Solutions, building on cementing and coiled tubing capabilities
2020
TAQA acquires significant stake in OPT Oilfield Chemicals to secure access to world-class specialty chemicals and products
2021
TAQA completes the JESCO divestiture, creating a strengthened, seamless pipe industry within the Kingdom
2021
Acquired Target to create differentiation to our Well Intervention business
2021
Arabian Drilling Company converted from limited liability to joint-stock company in preparation for the successful issue of Sukuk (bonds) in early 2022
2021
The new TAQA brand is created to cohesively portray the company’s central strategy
2022
Acquired Tendeka, a UK-based Well Completion Company
2022
Listing listed Arabian Drilling shares on the Main Market of the Saudi Exchange
2023
Acquired 100% AlMansoori Petroleum Services
2023
Established TAQA Geothermal Energy