Mubadala Petroleum | Egypt Oil & Gas

Egypt Examines Cooperation Opportunities with Mubadala Petroleum

Minister of Petroleum and Mineral Resources Tarek El Molla met the CEO of UAE’s Mubadala Petroleum, Mansour Al-Hamed to discuss cooperation opportunities and investments in Egypt. El Molla expressed the Egyptian petro...

Mubadala Petroleum, Eni Sign MoU for Cooperation in Energy Transition

Mubadala Petroleum has signed a Memorandum of understanding (MoU) with Eni company to find cooperation opportunities in the energy transition including the fields of hydrogen and carbon capture, utilization and storag...

UAE’s Mubadala Attains 25% Reduction in Greenhouse Gas Emissions

Mubadala Petroleum company announced that it has managed to reduce 25% of its Greenhouse Gas emissions over the last three years, according to the company’s 2020 Annual Sustainability Report. This comes as Mubad...

Al-Sisi Issues New Decree for E&P Activities in Red Sea

President Abdel Fattah Al-Sisi issued Law No. 160 of 2020 empowering the Minister of Petroleum and Mineral Resources, Tarek El Molla, to contract with international oil companies (IOCs) for exploration and production ...

Mubadala Petroleum Assigns Mansoor Al Hamed as CEO

Mubadala Petroleum Company announced it has assigned Mansoor Mohamed Al Hamed as CEO for its international oil and gas exploration and production (E&P) company which is fully owned by Mubadala Investment Company (...

Shell Wins Two Concessions in Red Sea Licensing Round

Shell Egypt N.V. has been awarded two concessions in the Red Sea bid round, which was launched in March 2019, according to a statement by the company. The first concession is located in Block 4 which was awarded to Sh...

Egypt, Mubadala Petroleum Discuss Investment Opportunities

The Minister of Investment and International Cooperation, Sahar Nasr, met the delegation of the Emirati Mubadala Investment company in Egypt, headed by the Chief Growth Officer of Mubadala Petroleum, Mansoor Al Hamed,...

Mubadala Signs Farmout Agreement in Indonesia

Abu Dhabi Mubadala Petroleum has signed a farmout agreement with Premier Oil for a 20% participating interest in the Andaman I and South Andaman Gross Split Production Sharing Contracts (PSCs) in Indonesia, according ...

Mubadala Signs PSC with Thai Partner

Mubadala Petroleum signed the Production Sharing Contract (PSC) with its Thai partner PTTEP Energy Development Company Limited (PTTEP ED) for offshore Block G1/61, Mubadala announced on February 26. The offshore block...

Mubadala, Gazprom Neft, RDIF Create JV for Siberia Oilfield Development

Mubadala Petroleum, Gazprom Neft, and the Russian Direct Investment Fund (RDIF) have agreed to set up a joint venture (JV) to develop oilfields in Siberia, Pipeline Oil and Gas Magazine reported. Gazprom sold a 49% st...

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