(SRI) - Mubadala Development Company, an Abu-Dhabi-based investment company, plans to drill the first exploration well on the Caspian offshore field known as N-Block in third quarter of 2010, the company said on Monday.
(SRI) - The N Block, an offshore exploration project in Kazakhstan’s Caspian Sea, may hold 1.5 billion to 3 billion barrels of crude oil, Mubadala Development Co., one of the companies developing the project, said on Tuesday.
(SRI) - ConocoPhillips, a U.S. oil major, Mubadala Development Company, a UAE-based investment group, and KazMunaiGas (KMG), the Kazakh national oil company, signed an agreement in Almaty on Friday on cooperation on the Block N shelf project.
(SRI) - KazMunaiGas, the Kazakh national oil company, signed a memorandum of understanding with ConocoPhillips and Mubadala Development Company to explore and develop the N Block, an offshore field in the Caspian Sea, the company said on Sunday.