Abu Dhabi’s Mubadala Petroleum says makes Malaysian gas discovery


How come I haven’t seen Mubadala’s recruitment adverts?

Dateline 2014-06-23, Reuters:

Abu Dhabi’s Mubadala Petroleum on Monday said it made a new gas discovery with significant commercial potential in Malaysia, its fourth discovery within its operating block.

Mubadala Petroleum, a unit of Abu Dhabi’s investment fund Mubadala said it found substantial gas in the Pegaga well in its operating block SK320.

The four gas discoveries are in close proximity, including the original M-5 well success, Mubadala said in a statement.

“Together these discoveries represent a very significant hydrocarbon resource, with the potential for a commercially attractive, integrated development,” Maurizio La Noce, chief executive of Mubadala Petroleum, said in the statement.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: