Abu Dhabi’s Mubadala Energy has completed its investment in the US natural gas sector through a 24.1% stake in Kimmeridge’s SoTex HoldCo, which has now been rebranded Caturus, the firm announced on 8 August. The deal was first announced in April and gives Mubadala Energy access to wellhead gas production and a planned 9.3mn t/y LNG export terminal (MEES, 11 April).
Mubadala Energy CEO Mansoor al-Hamed says “today’s announcement is further evidence of our international growth strategy in action. The platform’s integrated and responsible approach aligns with our plans to invest across the gas value chain in key global energy hubs where we can play a proactive role in balancing energy security.” (CONTINUED - 114 WORDS)