Energia
TAQA Saudi Arabia Announces CEO Transition as Part of Strategic Growth Agenda
Since his appointment in 2019, Khalid Nouh has been instrumental in transforming TAQA into a unified global organization. Under his leadership, the company successfully integrated a series of value-driven acquisitions, including , , , , , and . These integrations positioned TAQA as a fully integrated energy services provider with more than twelve service lines and 5,500 employees across global markets.
During his tenure, TAQA digitized its business operations under a single platform, launched in , and established , aligning the company with regional energy transition ambitions. Additionally, Khalid played a key role in positioning to support mineral exploration initiatives. Under his guidance, the company achieved remarkable revenue growth, driven by strategic execution and operational excellence.
With this solid foundation in place, TAQA is now focused on accelerating its next phase—
To lead this new chapter, the Board of Directors has appointed as , effective .
Al-Ghadhban currently serves as and brings over 30 years of experience in multiple energy sectors including portfolio management and finance across the energy and manufacturing sectors, including 20 years with TAQA. He was responsible for leading the company's group legal, risk, and compliance functions, and guiding strategy for TAQA's portfolio companies. He also serves on the boards of several TAQA subsidiaries, including as Vice Chairman, , , and was in board leadership roles at and .
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Founded in 2003, TAQA is an international company headquartered in Dharan that offers leading well solutions for the energy industry and is creating value and opportunity for all its stakeholders. TAQA has more than 5,500 people in more than 20 countries and serves multiple markets. TAQA offers a complete well solutions portfolio that includes Coiled Tubing and Stimulation, Cementing, Wireline, Frac, Directional Drilling, Downhole Tools, Completions, Well Testing, Slickline, Inspection, and H2S & Safety.
www.tq.com
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