Cormorant Alpha shut-in hits Taqa's profits

Abu Dhabi National Energy Company (Taqa) saw profits slump in the first quarter of the year as the continued shut-in of the Cormorant Alpha platform hit revenues.

Looking for positives: Taqa chief executive Carl Sheldon
Looking for positives: Taqa chief executive Carl Sheldon
Published 8 May 2013, 06:43Updated 11 October 2016, 14:22
Middle EastNorth Africa