Nargis Offshore Area

Energy, Oil & Gas

Mubadala completes acquisition of 15pc stake in Egypt’s Nargis concession

Thu, 19 Feb 2026

Mubadala Energy, the Abu Dhabi headquartered international energy company, has completed the acquisition from Eni of a 15 per cent participating interest in the Nargis Offshore Area (“Nargis”) concession, an offshore exploration block in Egypt.