News - Mubadala Petroleum

Mubadala Petroleum to acquire an interest in the Nour Concession in Egypt

12 Nov 2018

Mubadala Petroleum announces that it has agreed with Eni to purchase a 20 percent participating interest from Eni’s share...

Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF) announce the completion of a transaction to jointly develop oil fields in Western Siberia

05 Sep 2018

Gazprom Neft, Mubadala Petroleum and the Russian Direct Investment Fund (RDIF, the sovereign wealth fund of the Russian Federation) have announced the completion of...

Mubadala Petroleum completes the acquisition of a 10 percent interest in the Shorouk Concession in Egypt

20 Jun 2018

Mubadala Petroleum announces that it has completed the acquisition from Italy’s Eni of a 10 percent participating interest in the offshore Shorouk Concession in Egypt, which contains the

RDIF, Mubadala Petroleum and Gazprom Neft announce a joint venture to develop Siberian oil fields

24 May 2018

The Russian Direct Investment Fund (RDIF, the sovereign wealth fund of Russia) and Mubadala Petroleum, the UAE-based leading oil and gas exploration and production company, announce the creation of a joint venture with PJSC Gazprom Neft to develop several oil fields in the Tomsk and Omsk regions. RDIF and Mubadala Petroleum will acquire

Mubadala Petroleum Signed Andaman I PSC in Indonesia

10 Apr 2018

Mubadala Petroleum announces that it has signed the Production Sharing Contract (PSC) for Andaman I, as awarded by the Government of Indonesia in the 2017 Indonesian License Round.

Pegaga Gas Development in Malaysia Approved

21 Mar 2018

Mubadala Petroleum and its partners PETRONAS Carigali Sdn Bhd (PETRONAS Carigali) and Sarawak Shell Berhad have reached the Final Investment Decision for the Pegaga gas field development in Block SK 320, offshore Malaysia. The project will now proceed to the construction and installation stage.