Partner Northern Gulf has agreed to yield its 10% in the G1/48 (Manora oilfield) block to optr Mubadala, the move to be effective upon the execution of the relevant supplementary concession. Resulting partnership will be Mubadala (MP G1 (Thailand) Ltd, op) 70%, Tap 30%.
Northern Gulf has agreed to yield its 10% in the G1/48 (Manora oilfield) block to optr Mubadala (->70% op, Tap 30%). 