Page 20: of Marine Technology Magazine (November 2018)
Acoustic Doppler Sonar Technologies ADCPs and DVLs
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Insignts Offshore O&G @ OEDigital.com
Picks Up Second Deal
Mubadala in Of shore Egypt
By Shem Oirere, West Africa, OEDigital.com
The Abu Dhabi-based international oil and gas company expand our position in Egypt while deepening our strategic
Mubadala Petroleum has scored a second win in its drive to partnership with Eni, the operator of both the Shorouk and entrench its upstream investments in Egypt after signing a Nour concessions,” said Musabbeh Al Kaabi, CEO Petro- sale agreement with Italian giant Eni for a 20 percent stake in leum & Petrochemicals at Mubadala Investment Company the Nour North Sinai Offshore Area concession. and also Chair of the Board of Mubadala Petroleum.
Eni holds an 85 percent stake in the block in partnership “This exploration block complements our existing invest- with Egypt’s
