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Sovereign Wealth Funds Briefing - Categorized | Market

Mubadala Petroleum signs Cooperation Agreement with Somalia

Posted on 18 July 2014

Mubadala Petroleum has signed a cooperation agreement with the Ministry of Petroleum and Mineral Resources of the Federal Republic of Somalia. Mubadala Petroleum is and upstream oil and gas exploration and production company, a subsidiary of Mubadala Development Company and 100 percent owned by the Government of Abu Dhabi.
During the first half of 2014, a high level engagement took place between the U.A.E. and the Federal Government of the Republic of Somalia and its territories to consider ways in which they might work together to further the development of the Somali petroleum sector………………………………………..Full Article: Source


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