Mubadala Petroleum is building a world-class E&P business, based on strong partnerships, a commitment to growth and an organization demonstrating its increasing capabilities.
We were established as a wholly-owned subsidiary of Mubadala Development Company in 2012, incorporating and building on the success of Mubadala’s existing investments in the sector. The transformation to a subsidiary business reflected the scale, operational maturity and diversity of the portfolio we manage, which includes assets and operations at all stages of the upstream value chain located across the eastern hemisphere.
We continue to grow our capabilities, combining significant operational experience with substantial technical expertise. These qualities build on our strong commercial acumen and the partnership-driven approach that have been central to our business from the outset.
We are participants in a number of major projects including the world-class Dolphin Gas Project, which is central to meeting the energy needs of the UAE; enhanced oil recovery in Oman; and high impact exploration with most recent success in Malaysia.
In Southeast Asia, the company acts as operator across an extensive range of assets located in Thailand, Indonesia, Malaysia and Vietnam. In the Gulf of Thailand, we have developed a strong track record of safe efficient production operations, and with now three producing fields.
We have utilized the operating experience from Southeast Asia across our entire business and now function as a fully integrated organization deploying our resources where they are required and can add most value.
Lasting partnerships, built with host governments, national and international oil and gas companies, and the communities in which we operate, are central to our success.
We have become an increasingly active partner in all of our projects, including those where we are not the operator, and by taking a long-term view, we maximize the value of our investments to the benefit of our business, our shareholder, our business partners and our stakeholders.