Natural gas represents 70 per cent of Mubadala Energy’s production portfolio, according to Chief Operating Officer Adnan Bu Fateem, who described 2025 as a pivotal year for the company’s international growth ambitions.
Bu Fateem said Mubadala Energy entered the US market this year and progressed a number of strategic gas developments in Southeast Asia, aligned with a long-term strategy that balances global energy security with energy transition objectives.
He explained that the company views natural gas as a core energy source, citing its lower emissions profile compared with more carbon-intensive fuels.
Bu Fateem said Mubadala Energy’s strategy is centred on long-term investments designed to deliver stable returns across multiple geographies, noting that diversification strengthens the portfolio against market volatility.
He added that the company’s investment in the US-based Caturus natural gas and LNG portfolio provides exposure across the gas value chain in one of the world’s largest energy markets, while expanding its footprint alongside existing assets in the Middle East, Southeast Asia, Russia and the United States.
Providing an update on projects, Bu Fateem said Mubadala Energy made solid progress on the Tangkulo gas field development in Indonesia, while output from the flagship Pegaga project in Malaysia remained steady.
He also noted that the company has reduced 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.
