Mubadala Petroleum joins Shorouk Block in Egypt through $930m deal with Eni

Mubadala Petroleum joins Shorouk Block in Egypt through $930m deal with Eni

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 […]