News
Mubadala Energy, Kimmeridge and CPP Investments Announce Final Investment Decision for Caturus’ commonwealth LNG Investment in the U.S
Abu Dhabi – (May 15, 2026) – Mubadala Energy, the international energy company headquartered in Abu Dhabi announced that Caturus LLC (“Caturus” or “The Company”) has made a positive Final Investment Decision (FID) for its Commonwealth LNG project that includes successful closing of $9.75 billion in project financing for construction of the 9.5 million tonnes per annum (Mtpa) liquefied natural gas (LNG) export facility in Cameron Parish, Louisiana. FID marks the start of full construction and advances one of the most cost competitive and efficient LNG projects in the United States. The transaction garnered strong interest from both equity and debt investors, resulting in total commitments of $21.25 billion. “This landmark occasion, in parallel with continued growth of Caturus’ upstream platform, is the culmination of years of strategic planning, strong partnerships and commitment to delivering a fully integrated ‘wellhead-to-water’ project,” said Ben Dell, Managing Partner of Kimmeridge and Chairman of…
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Mubadala Energy Secures Southwest Andaman Exploration Block, Further Strengthening Its Andaman Sea Position
100% operated award consolidates Mubadala Energy’s position as the leading explorer and operator in one of Southeast Asia’s most emerging prospective deepwater gas basins Abu Dhabi, 26 March 2026 – Mubadala Energy, the Abu Dhabi-headquartered international energy company, today announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia’s Gross Split scheme. The block was awarded by Direktorat Jenderal Minyak dan Gas Bumi (DG MIGAS) as part of the Second Bid Round 2025. Mubadala Energy will hold a 100% participating interest and will operate the block. Situated immediately adjacent to Mubadala Energy’s existing Andaman acreage, the Southwest Andaman block is a strategic addition to the company’s Andaman position alongside its South Andaman, Central Andaman, and Andaman II blocks. The award was the result of a rigorous technical and commercial journey that began with the identification of the Southwest Andaman opportunity in 2022. A Joint Study Agreement…
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Mubadala Energy Completes the Acquisition from Eni of a 15 Percent Interest in Egypt’s Nargis Concession
Abu Dhabi, 19th February 2026: Mubadala Energy, the Abu Dhabi headquartered international energy company, announces that it has completed the acquisition from Eni of a 15 percent participating interest in the Nargis Offshore Area (“Nargis”) concession, an offshore exploration block in Egypt. In the concession, Eni now holds a 30 percent of the Contractor interest through its subsidiary, IEOC. The concession is operated by Chevron, with a 45 percent Contractor interest, with the remaining 10 percent interest owned by Tharwa Petroleum Company. The concession is in participation with the Egyptian Natural Gas Holding Company (EGAS): Contractor group 50%, EGAS 50%. Mansoor Mohammed Al Hamed, Managing Director & CEO of Mubadala Energy, said: “This acquisition of a 15 percent interest in the Nargis Concession further reinforces our long‑term commitment to Egypt, expanding our portfolio with a high‑impact growth opportunity alongside world‑class partners in the strategically important East Med region.” The Nargis…
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