Mubadala Petroleum Buys 10% Shorouk Stake for $1B

• Thursday, 21st June 2018
• by Editorial Team

Eni has sold a 10% stake in Egypt's Shorouk offshore concession to Mubadala Petroleum for more than $1 billion.

UAE Delays Construction of LNG Import Facility

• Wednesday, 4th May 2016
• by Egypt Oil & Gas

Abu Dhabi indefinitely postponed the construction of the first onshore LNG import facility in the busy oil port of Fujairah in favor of a floating supply terminal.