Mubadala Petroleum acquires stake in Egyptian offshore block
UAE-based Mubadala Petroleum has entered into a concession agreement with the Egyptian Government for oil and gas exploration in Block 4 in the Red Sea offshore Egypt. As part of the deal, Mubadala Petroleum will acquire a 27% interest in Block 4. Shell is the operater of the block with a 63% interest while Egyptian …
UAE-based Mubadala Petroleum has entered into a concession agreement with the Egyptian Government for oil and gas exploration in Block 4 in the Red Sea offshore Egypt. As part of the deal, Mubadala Petroleum will acquire a 27% interest in Block 4. Shell is the operater of the block with a 63% interest while Egyptian …
[post_title] => Mubadala Petroleum acquires stake in Egyptian offshore block
[post_excerpt] => UAE-based Mubadala Petroleum has entered into a concession agreement with the Egyptian Government for oil and gas exploration in Block 4 in the Red Sea offshore Egypt. As part of the deal, Mubadala Petroleum will acquire a 27% interest in Block 4. Shel...
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[post_modified] => 2021-01-22 03:50:57
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