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Tag: Mubadala Petroleum
Mubadala Pet

Eni completes sale of 10% stake in Shorouk concession to Mubadala Petroleum

Posted: June 20, 2018 at 10:52 pm   /   Oil & Gas

Eni has finalized a 10% stake sale in the Shorouk concession to Mubadala Petroleum, a wholly-owned subsidiary of Mubadala Investment Company. The Shorouk concession is offshore Egypt, where the supergiant Zohr gas field is located. Eni, through its subsidiary IEOC, now holds a 50% stake of the Contractor’s Share, while Rosneft holds 30%, BP 10% […]

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Mubadala

UAE’s Mubadala prepares for its debut in Egypt’s Oil & Gas market

Posted: April 26, 2018 at 5:00 pm   /   Oil & Gas

UAE’s Mubadala looking to acquire 10% Zohr stake next month as it prepares to enter Egyptian market: The Abu Dhabi-based Mubadala Petroleum is expected to sign next month the final contracts for its acquisition of a 10% stake in the Zohr gas field from Italy’s Eni, Oil Minister Tarek El Molla said yesterday, Al Shorouk […]

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Eni sells 10% stake in Zohr to UAE's Mubadala for $934 million

Posted: March 12, 2018 at 10:57 am   /   Oil & Gas

Eni sells 10 percent of Egypt’s Shorouk concession to Mubadala Petroleum. Italian oil company Eni said on Sunday it would sell a 10 percent stake in the Shorouk concession in Egypt’s Zohr gas field to Mubadala Petroleum of the United Arab Emirates for $934 million. Eni currently holds through its subsidiary IEOC a 60 percent stake […]

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