27.04.2009 - Mubadala seeks to double output in 5 years

From Maktoob.com: Abu Dhabi's Mubadala said on Sunday its joint venture with U.S. firm Occidental and Bahrain would more than double oil production from Bahrain's Awali oilfield to 75,000 barrels per day within five years. The Abu Dhabi government investment body said Occidental held a 48 percent stake in the joint operating company formed last month to develop the field, while Mubadala held a 32 percent stake.........Full Article: Source

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