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Mubadala Gas Growth Goal
Mubadala Energy aims to double its production over the next decade, with a focus on natural gas, which accounts for around 70% of its portfolio. The company operates in 10 countries and has seven producing assets in its portfolio. Its expansion includes bringing Malaysia’s Pegaga field into operation, developing projects in Indonesia and the United States, and acquiring a 15% stake in Egypt’s offshore Nargis concession. Mubadala Energy has increased Pegaga’s production capacity by 30% to 750 million standard cubic feet per day, using digital technologies to improve asset efficiency and reduce emissions.
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