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Mubadala Petroleum

Mubadala Petroleum latest

UAE Firm to Buy 22 Percent Stake in Israeli Gas Field
April 27th, 2021 - 07:00 GMT

UAE Firm to Buy 22 Percent Stake in Israeli Gas Field

Israeli company Delek Drilling signed a memorandum of understanding Monday for the sale of its stake in a natural gas field to Abu Dhabi’s Mubadala Petroleum . The Israeli Broadcasting Corporation said the deal states the future sale of the Israeli company's 22% stake in the Tamar natural gas field offshore Israel in the Eastern Mediterranean for $1.1 billion. The broadcasting authority quoted Israeli Energy Minister Yuval Steinitz as saying ...
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