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%...

https://splash247.com/mubadala-petroleum-acquires-stake-in-egyptian-offshore-block/

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