Ruby Field Development In Indonesia Approved
June 21, 2011
June 21, 2011: Singapore—The development of the Ruby gas field has been approved by BPMIGAS, Indonesia’s Upstream Oil and Gas Executive Agency, allowing the project to proceed to the construction and installation stage. The development phase will involve total investment of approximately $500 million by the field partners PEARLOIL (Sebuku) Limited, Total E&P Sebuku and INPEX South… MoreMubadala Oil & Gas and Yemen Company for Investment in Oil and Minerals Sign Memorandum of Understanding
December 12, 2010
12 December 2010 – Abu Dhabi and Sana’a– Mubadala Oil & Gas and Yemen Company for Investments in Oil and Minerals (YICOM) announced today that they have signed a Memorandum of Understanding (MOU) on cooperation in the exploration and production sector of the oil and gas industry in the Republic of Yemen. The MOU provides for an exchange of technical information between the two companies and… MoreMubadala oil & gas signs development & production sharing agreement with Petronas
January 15, 2010
The Prime Minister of Malaysia visited Mubadala Development Company on eve of signing ABU DHABI, (XX January 2010) – Mubadala Oil & Gas today signed a Development and Production Sharing Agreement (DPSA) with Petroliam Nasional Berhad (PETRONAS) for. This comes after the Malaysian government awarded Mubadala Oil & Gas with block SK320, located offshore Sarawak, Malaysia. Block SK320 covers… MoreOccidental Petroleum, Mubadala and NOGA Form Joint Operating Company
November 10, 2009
For Immediate Release: November 10, 2009 Occidental Petroleum, Mubadala and NOGA Form Joint Operating Company in Bahrain to Further Develop the Bahrain Field LOS ANGELES, November 10, 2009—Occidental Petroleum Corporation (NYSE:OXY), Mubadala Development Company (Mubadala) and the National Oil and Gas Authority of Bahrain (NOGA) announced the creation of a new joint operating company, Tatweer… MoreKazmunaygas, Conocophillips and Mubadala announce signing of project agreements for exploration and
June 11, 2009
ABU DHABI, (11 June 2009) - ConocoPhillips [NYSE: COP], JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala), through its business unit Mubadala Oil & Gas, today announced that they have signed project agreements allowing the joint exploration and development of the Nursultan Block (”N” Block) located in offshore Kazakhstan. KMG as majority owner will… MoreOccidental Petroleum and Mubadala sign development and production sharing agreement for the Bahrain
April 26, 2009
Bahrain, April 26, 2009 — Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have signed a Development and Production Sharing Agreement (DPSA) with the National Oil and Gas Authority of Bahrain (NOGA) for the further development of the Bahrain Field. Under this agreement, a Joint… MoreOccidental Petroleum Corporation and Mubadala Development Company sign EPSA to develop gas fields in
November 24, 2008
ABU DHABI, November 24, 2008 — Occidental Petroleum Corporation (OXY) and Mubadala Development Company of Abu Dhabi (Mubadala) today announced the signing of an Exploration and Production Sharing Agreement (”EPSA”) with the Ministry of Oil and Gas in the Sultanate of Oman. Under the terms of the EPSA the parties will develop four existing gas fields and explore for potential new discoveries… MoreKazmunaygas, Conocophillips and Mubadala announce signing of memorandum of understanding for “N”
October 5, 2008
ASTANA, ABU DHABI, HOUSTON, October 5, 2008 – JSC National Company KazMunayGas, ConocoPhillips [NYSE: COP] and Mubadala Development Company PJSC (Mubadala) are pleased to announce that they have signed a Memorandum of Understanding to negotiate terms for the exploration and development of the “N” Block, located in offshore Kazakhstan, under a new subsoil use contract. The parties will now… MoreMubadala and Petrofac establish a new joint venture
September 1, 2008
Abu Dhabi, 1st September 2008: Petrofac Limited, the international oil & gas facilities service provider, and Mubadala Petroleum Services Company LLC (MPSC), a wholly-owned subsidiary of Mubadala Development Company, announced today their plans to establish a joint venture company, Petrofac Emirates LLC. Based in Abu Dhabi and scheduled to begin operation within the next few months, the new… MoreMubadala acquires pearl energy
May 21, 2008
Expanding oil and gas sector geographic boundaries to Southeast Asia Abu Dhabi, 21 May 2008 – Mubadala Development Company (Mubadala) today completed the acquisition of the Southeast Asia oil and gas exploration and production company, Pearl Energy (Pearl) from Aabar Energy PJSC. This transaction is part of Mubadala’s strategy to become an active operator in the international upstream petroleum… More