Mubadala Energy
Mubadala Energy is an Abu Dhabi-based international energy company operating in 11 countries, producing 450,000+ boed from a 70% gas-weighted portfolio spanning upstream oil and gas fields, midstream pipeline (Dolphin Energy), and LNG export infrastructure (24.1% of Caturus/Commonwealth LNG), serving host governments, national oil companies, and global LNG buyers.
- Company typePrivate
- Founded2012
- HeadquartersDubai, United Arab Emirates
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What Mubadala Energy does
Mubadala Energy is an Abu Dhabi-headquartered international upstream and midstream energy company, wholly owned by the Government of Abu Dhabi through Mubadala Investment Company. The company operates a portfolio spanning 11 countries across the Middle East, North Africa, Southeast Asia, Russia, and the United States, producing more than 450,000 barrels of oil equivalent per day (boed) from a mix that is approximately 70% natural gas and 30% oil. Its core upstream assets include operated deepwater gas positions in Indonesia's Andaman Sea (Layaran, Tangkulo, and the newly added Southwest Andaman block at 100% interest), Malaysia's Pegaga field in SK320, Egypt's Zohr supergiant and Nargis concession, Israel's Tamar field, Russia's Gazpromneft-Vostok joint venture, and Oman's Mukhaizna oil field. Midstream infrastructure is anchored by a managing shareholder interest in Dolphin Energy (the Qatar-to-UAE/Oman pipeline) and a 24.1% stake in Caturus, which holds the 9.5 Mtpa Commonwealth LNG export terminal in Louisiana that reached Final Investment Decision in May 2026 with $9.75 billion of project financing closed.
The company's business model is built on equity production from operated and non-operated upstream assets, complemented by pipeline transportation fees (Dolphin Energy) and projected LNG export revenues from Commonwealth LNG starting in 2030, where offtake has been secured with EQT, Glencore, Mercuria, PETRONAS, and Aramco Trading. Distribution follows an enterprise/government partnership model rather than retail sales, with the company partnering with national oil companies and host governments under Production Sharing Contracts in Indonesia, Malaysia, Egypt, and Russia, alongside long-term LNG offtake contracts with global energy traders. Underlying technology centers on deepwater exploration and drilling capability (validated by discoveries in 1,200+ meter water depths), LNG liquefaction infrastructure, and digital systems for AI-assisted safety monitoring and predictive maintenance deployed across the operating footprint.
In 2022, the company rebranded from Mubadala Petroleum to Mubadala Energy to signal a strategic pivot toward expanding across the integrated gas value chain and entering new energy sectors, including blue hydrogen (via Masdar), carbon capture and storage (via Pertamina and OMV/PARCO), and geothermal exploration (with Pertamina Geothermal Energy and Chevron). The 2025 entry into the United States through the Caturus platform marked the company's first major non-Eurasian operational geography and added a Gulf Coast LNG export dimension to a portfolio previously concentrated in regional pipeline and LNG supply. The company reported a 36.5% reduction in Scope 1 and 2 greenhouse gas emissions and a 55% reduction in average emissions intensity in its 2024 Sustainability Report, prepared in accordance with GRI Standards and aligned with TCFD recommendations.
Mubadala Energy firmographics
Firmographics- Name
- Mubadala Energy
- Legal name
- Mubadala Petroleum LLC
- Website
- https://mubadalaenergy.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Mubadala Energy is an Abu Dhabi-based international energy company operating in 11 countries, producing 450,000+ boed from a 70% gas-weighted portfolio spanning upstream oil and gas fields, midstream pipeline (Dolphin Energy), and LNG export infrastructure (24.1% of Caturus/Commonwealth LNG), serving host governments, national oil companies, and global LNG buyers.
- Ownership category
- akta.pro rank
Mubadala Energy industry classification
Industry- Product category
- Oil and Gas Exploration and Production
- NAICS
- Oil and Gas Extraction (211), Pipeline Transportation of Natural Gas (4862)
- SIC
- Crude Petroleum & Natural Gas (1311), Natural Gas Transmisison & Distribution (4923)
- akta.pro primary industry
- Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance) (EUAAAAAK)
- akta.pro secondary industries
- Oil & Gas Facilities Asset Management (Refining/Terminals/LNG) (EUAEAMAG), Distributed Energy & Gas Solutions Sales (CHP, Microgrids, On-site Gas Supply) (EUAAADAJ)
Keywords
Where Mubadala Energy is headquartered
LocationHeadquarters
- HQ city
- Dubai
- HQ country
- United Arab Emirates
- HQ region
- Middle East
Offices5 records
Markets served
Mubadala Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D
Revenue model
- Oil and Gas Production: Equity production from operated and non-operated assets across 11 countries, producing over 450,000 boed with 70% gas weighting
- LNG Export: Through 24.1% stake in Caturus, participating in LNG export revenues from Commonwealth LNG facility expected to generate $3 billion+ annual export revenue from 2030
- Gas Pipeline Transportation: Managing shareholder interest in Dolphin Energy, transporting gas from Qatar to UAE and Oman
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Mubadala Energy product offering
Product offeringCore offering
Mubadala Energy is an international energy company that explores, develops, and produces oil and natural gas across 11 countries, with a portfolio approximately 70% weighted toward gas and producing over 450,000 barrels of oil equivalent per day. The company operates across the full gas value chain, from upstream exploration and production in deepwater and conventional assets (Andaman Sea, Malaysia, Egypt, Israel, Russia, Oman) to midstream infrastructure including the Dolphin Energy pipeline and a 24.1% stake in Commonwealth LNG (a 9.5 Mtpa U.S. LNG export facility). It is also pursuing new energy transition initiatives such as blue hydrogen, carbon capture, and geothermal energy.
Product overview
Mubadala Energy is an international energy company headquartered in Abu Dhabi with operations spanning 11 countries. The company operates a portfolio that is approximately 70% natural gas and 30% oil, producing over 450,000 barrels of oil equivalent per day. Its business model spans the full energy value chain from upstream exploration and production (gas fields in Southeast Asia, Egypt, Israel, Russia, Oman) through midstream infrastructure (Dolphin gas pipeline, Commonwealth LNG export terminal) to new energy transition initiatives. The company was rebranded from Mubadala Petroleum to Mubadala Energy in 2022 to reflect its strategic expansion across the gas value chain and into new energy sectors. Recent milestones include entry into the U.S. market via investment in Caturus and the Commonwealth LNG final investment decision in 2026.
Differentiator
Problem solved
Functional benefit
Brands
- Caturus: An integrated natural gas and LNG platform formerly known as SoTex HoldCo, building America's first integrated gas independent to deliver low-cost natural gas from wellhead to water. Mubadala Energy holds a 24.1% equity stake.
Products and services
- Upstream Gas Production
Quantifiable outcome
- 36.5% reduction in Scope 1 and 2 GHG emissions
- +3 more outcomes
Companies that use Mubadala Energy
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Mubadala Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature2 records
Mubadala Energy partnerships and signals
Strategic signalPartnerships
17 partnerships are on record, tiered core and strategic.
- Technip EnergiescoreEPC contractor for Commonwealth LNG export facility construction. Authorized to order major long-lead equipment using modular construction approach to improve safety and efficiency.
- Baker HughescoreEquipment supplier for Commonwealth LNG facility. Providing six mixed-refrigerant compressors powered by LM9000 gas turbines for LNG liquefaction process.
- HoneywellcoreEquipment supplier for Commonwealth LNG facility. Providing six main cryogenic heat exchangers for LNG production process.
- Solar TurbinescoreEquipment supplier for Commonwealth LNG facility. Providing four Titan 350 gas turbine-generators for power generation at the terminal.
- EQTcoreLong-term LNG offtake agreement secured for Commonwealth LNG exports. EQT is a major U.S. natural gas producer and LNG buyer.
- GlencorecoreLong-term LNG offtake agreement secured for Commonwealth LNG exports. Global commodities trading house.
- MercuriacoreLong-term LNG offtake agreement secured for Commonwealth LNG exports. Global energy and commodities trading company.
- PETRONAScoreLong-term LNG offtake agreement secured for Commonwealth LNG exports. Malaysia's national oil company and major LNG buyer.
- Aramco TradingcoreLong-term LNG offtake agreement secured for Commonwealth LNG exports. Trading arm of Saudi Aramco.
- ChevroncoreNargis Offshore Area concession operator with 45% interest. Mubadala Energy acquired 15% participating interest from Eni. Concession located in East Nile Delta Basin approximately 50km offshore Egypt.
- SLBcoreMultiple offshore drilling services contracts for Tangkulo deepwater gas development in Andaman Sea, Indonesia. Scope includes directional drilling, cementing, wireline, well testing, and completions across full well lifecycle. First gas targeted before end of 2028.
- PLN Energi Primer IndonesiacoreHeads of Agreement to supply gas from Tangkulo gas field in Andaman Sea to support Indonesia's energy resilience. Framework for prioritizing energy supply for North Sumatra and Aceh, reducing reliance on LNG imports.
- Harbour EnergycoreAwarded Central Andaman licence with Harbour Energy as operator (60% interest, Mubadala Energy 40%). Builds on successful South Andaman drilling campaign and Timpan-1 discovery in Andaman II.
- Pertamina Geothermal Energy and ChevronstrategicJoint Study Agreement to explore geothermal potential in Kotamobagu, North Sulawesi, Indonesia. Supports Indonesia's target of 3.3 GW installed geothermal capacity by 2030.
- PertaminastrategicMoU to explore carbon capture, utilization and storage (CCUS) applications in Indonesia. Framework to evaluate CCUS solutions for existing asset portfolios and explore potential joint investments.
- MasdarstrategicAgreement to explore decarbonization and energy transition initiatives. Collaboration to leverage Mubadala Energy's operational expertise with Masdar's clean energy technologies including green hydrogen and renewables.
- OMV and PARCOstrategicMoU to explore opportunities in sustainable fuels and feedstock production in Pakistan. Collaboration in circular economy initiatives including plastics recycling and synthetic fuel development.
Scale indicators12 records
Recent moves9 records
Expansion highlights6 records
Mubadala Energy competitors and assessment
Company assessmentDirect peers
- Eni: Italian integrated major that sold its 15% Nargis concession interest to Mubadala Energy in 2026 and is a long-standing partner in Egypt's Shorouk/Zohr concession. Comparable as a multi-country upstream operator with Mediterranean and African gas weighting.
- QatarEnergy: Qatar's national energy company and the upstream source of gas transported via Mubadala Energy-affiliated Dolphin Energy pipeline. Direct peer in large-scale gas production, LNG export, and cross-border pipeline operations across MENA.
- Woodside Energy: Australia-headquartered international gas-weighted E&P and LNG producer (Browse, Pluto, Scarborough). Direct peer in gas-LNG strategy, deepwater operating capability, and integrated upstream-to-LNG value chain similar to Mubadala Energy's Andaman-to-Commonwealth model.
- PETRONAS: Malaysia's national oil company and a long-term LNG offtake customer of Commonwealth LNG; also a JV partner with Mubadala Energy on Malaysia's SK320 Block (Pegaga gas field). Direct peer in international gas-weighted E&P and LNG marketing with comparable global footprint.
- Cheniere Energy: U.S. LNG export market leader at Sabine Pass and Corpus Christi. Direct peer as the benchmark U.S. Gulf Coast LNG operator, comparable to Commonwealth LNG's positioning in Louisiana and Kimmeridge's integrated upstream-plus-LNG model.
- ADNOC: Abu Dhabi National Oil Company — fellow UAE state-affiliated international energy company with similar upstream, midstream, and LNG strategy. Closest direct peer given shared sovereign backing, gas-weighted portfolio, and integrated value-chain focus.
- Kimmeridge: U.S.-based energy firm focused on integrated natural gas and LNG; Mubadala Energy's core strategic partner and operator of the Caturus platform. Direct peer as an integrated U.S. gas/LNG independent pursuing a similar wellhead-to-water strategy.
Regional players
- Santos: Australia and Asia-Pacific gas-weighted E&P and LNG operator with similar exposure to deepwater developments and long-term Asian LNG buyers. Comparable regionally given overlapping Southeast Asian gas markets and customer bases.
Emerging players
- Wintershall Dea: European gas-focused E&P with comparable upstream-gas-centric portfolio across MENA and the North Sea, plus midstream/LNG exposure. Emerging-player peer in terms of international scale but similar strategic emphasis on natural gas as a transition fuel.
- Harbour Energy: UK-listed international upstream operator partnered with Mubadala Energy as operator (60%) on the Central Andaman licence. Emerging-player peer with comparable deepwater exploration capability and North Africa/Southeast Asia asset mix.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights6 records
Customer concentration
Mubadala Energy social profiles
Digital presenceMubadala Energy compliance and trust
Trust signalCompliance3 records
Mubadala Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mubadala Energy leadership team
Management profileNumber of profiles
Profiles8 records
Mubadala Energy subsidiaries and ownership
Company hierarchySubsidiaries5 records
Mubadala Energy funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mubadala Energy M&A and investment
M&A and investmentM&A
Investments6 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mubadala Energy
What does Mubadala Energy do?
Mubadala Energy is an international energy company that explores, develops, and produces oil and natural gas across 11 countries, with a portfolio approximately 70% weighted toward gas and producing over 450,000 barrels of oil equivalent per day. The company operates across the full gas value chain, from upstream exploration and production in deepwater and conventional assets (Andaman Sea, Malaysia, Egypt, Israel, Russia, Oman) to midstream infrastructure including the Dolphin Energy pipeline and a 24.1% stake in Commonwealth LNG (a 9.5 Mtpa U.S. LNG export facility). It is also pursuing new energy transition initiatives such as blue hydrogen, carbon capture, and geothermal energy.
Is Mubadala Energy a public or private company?
Mubadala Energy is a private company. It is classified as state government owned and is currently operating.
When was Mubadala Energy founded?
Mubadala Energy was founded in 2012. It employs 501 to 1,000 people.
Where is Mubadala Energy based?
Mubadala Energy is headquartered in Dubai, United Arab Emirates, in the Middle East region.
How does Mubadala Energy make money?
Three revenue lines are on record. Oil and Gas Production is the primary driver. The others are LNG Export and gas Pipeline Transportation.
Who are Mubadala Energy's main competitors?
Direct peers on record are Eni, QatarEnergy, Woodside Energy, PETRONAS, Cheniere Energy, ADNOC and Kimmeridge. Santos is listed as a regional player. Emerging players are Wintershall Dea and Harbour Energy.
Does Mubadala Energy have an API?
No public API is recorded for Mubadala Energy.
What industry is Mubadala Energy in?
Mubadala Energy's product category is Oil and Gas Exploration and Production. Its primary akta.pro industry code is EUAAAAAK, Production Operations & Artificial Lift (Surface Facilities, Compression, Flow Assurance), with a secondary code of EUAEAMAG, Oil & Gas Facilities Asset Management (Refining/Terminals/LNG). Its NAICS code is 211 and its SIC code is 1311.