The company posted a net profit of 146 million dirhams ($39.75 million) compared to a net loss of 288 million dirhams in the 2012 third quarter.
Taqa attributed the result to strong operational performances across its main divisions, particularly following the resolution of issues affecting its UK oil and gas business.
These issues included the shut-in of the Cormorant Alpha platform in the North Sea following an oil leak in January.
