Mubadala | Egypt Oil & Gas - Part 2
BP, Mubadala Purchase 45% Stake in Eni’s Noor Concession
Egypt has approved the sale of a 25% stake in Eni’s offshore exploratory Noor concession to BP, Eni announced in a press release. The agreement, signed by Minister of Petroleum Tarek El Molla, also approved the ...
ADNOC, Mubadala Sign Downstream Exploration Deal
The Abu Dhabi National Oil Company (ADNOC) signed an agreement with Mubadala investment group on November 14 to explore more downstream investment opportunities, according to a company statement. The two firms will ex...
Mubadala to Acquire 20% of Noor Concession
UAE investment fund Mubadala has reached an agreement with Eni to buy a 20% stake in the Noor offshore concession, Reuters reported. Eni currently owns 85% of the concession’s stakes, while Tharwa Petroleum owns... Mubadala to List 25% Cepsa Stake
Abu Dhabi’s investment company Mubadala plans to list 25% of Spanish oil company Cepsa, of which it owns 82.5%, in an initial public offering (IPO), Reuters reported. Sources close to the matter estimated Cespa’...
IOCs Consider Bids for Egyptian E&P Bid Rounds
Shell, Apache and Mubadala Petroleum are considering submitting bids in the exploration and production (E&P) bid round that will be launched by the Egyptian General Petroleum Corporation (EGPC) for exploration are...
Mubdala to Sign Zohr Contracts in May
Mubadala Petroleum company is expected to sign the final contracts to acquire a 10% stake in Egypt’s Zohr natural gas field in May 2018, Egypt Oil & Gas reports. The contracts were discussed during a meeting...
