Mubadala Petroleum and Tap Oil will go ahead with a drilling campaign in the Manora oil field offshore Thailand, which will comprise three development wells MNA -25, MNA -26 and MNA-27. The Manora oil field, which is located in the G1/48 concession in the Northern Gulf of Thailand, has been in production since November 2014. […]
Energy acquisition news : Abu Dhabi-based Mubadala Petroleum has forayed into the Shorouk Block, an Egyptian offshore concession in the Mediterranean Sea by completing its acquisition of a stake of 10% for $930 million from Italian energy giant Eni. Through the deal, the Abu Dhabi state-owned Mubadala Investment Company subsidiary, will take part in the […]
Oil and gas industry news : Italian oil and gas company Eni has struck a deal to divest a stake of 10% in the Shorouk concession, offshore Egypt, containing the super-giant Zohr gas field to Mubadala Petroleum for a sum of $934 million. The UAE-based Mubadala Petroleum is a 100% owned subsidiary of Mubadala Investment […]