Mubadala Petroleum, the Abu Dhabi-headquartered international energy company, has unveiled its new brand name: Mubadala Energy.
The new brand reflects a fresh strategic direction that will see Mubadala Energy build on its contribution to the energy transition by expanding its gas-weighted portfolio in areas such as LNG while exploring new energy sectors including blue hydrogen and carbon capture.
It also sees a strategic focus on decarbonising the business while driving innovation and technology across all operations.
This new brand identity accurately reflects the business's next phase of growth aligned with the energy transition through a gas-weighted portfolio and an increased focus on more sustainable energy sectors," added Musabbeh Al Kaabi, Chief Executive Officer of UAE Investments at Mubadala Investment Company and Chairman of Mubadala Energy.
Making the change in its tenth year of operations, the company has continued to grow and now spans eleven markets, employing over 500 people.
This year Mubadala Energy also reached the significant production milestone of 500,000 barrels of oil equivalent a day (boed) for the first time in its history, marking a 22 percent increase in production from 2021.
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