Mubadala Petroleum joins Russian venture

The oil and gas unit of a major Abu Dhabi wealth fund is planning its first major investment in Russia. Mubadala Petroleum and the Russian Direct Investment Fund will acquire a 49% equity interest in Gazpromneft-Vostok to form a joint venture with Gazprom-Neft for development of oil fields in the Tomsk and Omsk regions. 


Source: News