TAQA Appoints New Managing Directors in UK and Iraq

TAQA, the global energy company based in Abu Dhabi, has appointed Pete Jones to the position of Managing Director for TAQA’s UK oil and gas business. Mr Jones will be based in Aberdeen and responsible for the company’s operations in the UK North Sea.

Mr Jones joins TAQA from Marathon Oil Corp. where he held the position of Regional Vice president – Wyoming. During his career at Marathon, he also held various roles including Managing Director – UK, responsible for the company’s UK operations which included the Brae field and Devenick tieback. Mr Jones has a Master’s Degree in Operations Research (Eng) from the University of Birmingham and is a British national.

Mr Jones succeeds Leo Koot who has been appointed Managing Director of TAQA in Iraq.

Mr Koot will be responsible for all of TAQA’s operations in Iraq. Mr Koot joined TAQA in 2008 and is a Dutch national.

David Cook, TAQA Executive Officer and Head of Oil and Gas, said: “Leo Koot has successfully built our UK business from scratch, and we are now a leading North Sea oil and gas operator. I am proud to have such a successful leader taking on the task of building our new operations in Iraq.”

“Pete Jones brings highly relevant skills and leadership experience to TAQA, where he will be leading the next phases in the evolution of TAQA’s North Sea business. We have already been successful in redevelopment of Northern North Sea assets and look forward to further expansion through exploration, development and the newly acquired BP assets.”

TAQA has oil and gas operations in North America, UK, the Netherlands and the Kurdistan region of Iraq and produced an average of 135 thousand barrels of oil equivalent per day in 2012.

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Press Release, May 09, 2013