Natural gas accounts for about 70 per cent of Mubadala Energy’s production portfolio, the company’s Chief Operating Officer Adnan Bu Fateem said, describing 2025 as a "pivotal" year for the company’s international expansion.
In statements to the
Emirates News Agency (WAM), Bu Fateem said the company entered the US market
this year and advanced several strategic gas projects in Southeast Asia under a
long-term strategy aimed at balancing global energy security with energy transition
goals.
He said that Mubadala
Energy sees natural gas as a key element with lower emissions than more
carbon-intensive energy sources.
"Mubadala
Energy’s approach is based on long-term investments that generate stable
returns across multiple geographies," he said, adding that this
diversification helps the portfolio withstand market volatility.
Bu Fateem said
Mubadala Energy invested in the US Caturus natural gas and LNG portfolio,
giving it exposure across the gas value chain in one of the world’s largest
energy markets and expanding its footprint alongside assets in the Middle East,
Southeast Asia, Russia and the US.
On projects, he said
the company made strong progress on the Tangkulo gas field project in
Indonesia, while production from the flagship Pegaga project in Malaysia
remained stable.
He noted that the
company cut Scope 1 and 2 greenhouse gas emissions by 36.5 per cent, and that
more than one million people have benefited from its community programmes over
the past decade.