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The Abu Dhabi National Energy Company PJSC (TAQA), a publicly listed company on the Abu Dhabi Securities Exchange (ADX: TAQA), today announced that it has appointed David Cook as Executive Officer and Head of Upstream to lead TAQA’s global upstream division.
David joins TAQA following more than 20 years with BP, TNK-BP, and Amoco. Most recently he was Vice President for BP Russia, and also sat on the Board of Directors for three BP–Rosneft joint ventures. Prior to his last role, David worked in various global roles for BP, based in North America, Russia, and the UK. David holds a PhD in Geological Sciences from Michigan State University.
In his new role as Executive Officer and Head of Upstream, David will report directly to H.E. Abdulla Saif Al-Nuaimi, CEO and MD, and Carl Sheldon, General Manager, and will be based at the Group’s corporate headquarters in Abu Dhabi. TAQA’s crude oil and natural gas production averaged more than 132,000 barrels of oil equivalent per day in the first half of 2010, representing more than half of the Group’s revenues for the period. The upstream portfolio had approximately 574 million barrels of oil equivalent of proven and probable reserves at 31 December 2009.
H.E. Abdulla Saif Al-Nuaimi, Chief Executive Officer and Managing Director of TAQA, said: “I am delighted that David is joining us as an Executive Officer and the Head of Upstream. He has extensive experience across the financial, commercial and operational aspects of the upstream sector, and his insight and leadership will prove invaluable as we continue to invest in our global upstream portfolio.”
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