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IHC’S Lukoil Interest Showcases Global Energy Ambitions
...cently, Abu Dhabi’s overseas oil and gas interests have been in a process of consolidation that now appears to have ended. In 2017, Mubadala merged with fellow state investor IPIC, taking on a broad suite of investments that sit alongside its wholly owned subsidiary Mubadala Energy. This left it as Abu Dh...
Volume: 68Issue: 48Published at Fri, 28 Nov 2025 -
Lower Prices Hit OQEP Profits In Q3
...rrently under testing.” If a commercial discovery is made, it will be the block’s first after previous operator Maersk drilled a series of dry wells (MEES, 17 February 2017). Alongside these two fields it also operates Block 54 (60%), which borders Block 53, where Genel Energy secured a 40% stake in Ma...
Volume: 68Issue: 47Published at Fri, 21 Nov 2025 -
Mauritania’s Banda Integrated Gas Project Progresses
...n provide momentum to this (MEES, 15 August). Banda is located roughly 61km southwest of Nouakchott, to the east of the Chinguetti field (see map). Chinguetti is Mauritania’s only ever commercial oil field, but having started up in 2006 production stopped in 2017. UK major Shell held the su...
Volume: 68Issue: 46Published at Fri, 14 Nov 2025