This month, Mubadala Petroleum became Mubadala Energy, an international energy company, operating in 11 countries with a 70% gas-weighted portfolio. The new brand reflects the company’s strategy to accelerate the path to energy transition and explore new energy sectors like blue hydrogen and CCS. Join Mubadala Energy at #ADIPEC2022 along with 2,200 exhibiting companies, 54 NOCs, IOCs, NECs and IECs and 28 international exhibiting country pavilions between 31 October to 3 November in Abu Dhabi. R

Today, Mubadala Petroleum, our wholly-owned international oil & gas company, has signed an agreement to purchase a 20% participating interest from Eni in the Nour concession, an offshore exploration block in Egypt. This investment will enable Mubadala Petroleum to further expand its position in Egypt while deepening the strategic partnership with Eni, the operator of the Nour concession. Present during the signing at ADIPEC today was our Group CEO & MD, Khaldoon Al Mubarak, our CEO of Petroleum