Mubadala Energy completes acquisition of 15% interest in Egypt’s Nargis concession

19 February 2026

 

Mubadala Energy has completed the acquisition of a 15% interest in Egypt’s Nargis offshore concession from Eni. This move strengthens Mubadala’s presence in Egypt’s energy sector and aligns with its long-term strategy to expand its upstream portfolio.

Read the original article: Zawya