Adnan Boufateim, the Chief Operating Officer of Mubadala Energy, stated that the year 2025 marked a significant milestone for the company, highlighting its substantial progress in international expansion that has solidified its position as a leading global player in the energy sector.
In an interview with the Emirates News Agency, the COO emphasized that this advancement is reflected in Mubadala Energy’s entry into the U.S. market and the significant development of strategic natural gas operational projects in Southeast Asia. He pointed out that natural gas constitutes approximately 70% of the company’s investment portfolio, serving as a crucial element in reducing emissions compared to traditional, higher carbon-intensive energy sources.
Boufateim noted that the company relies on long-term investments with stable returns distributed across diverse geographical regions worldwide, enhancing the resilience of its portfolio and its ability to adapt to market fluctuations. He highlighted that one of the major achievements of 2025 was Mubadala Energy’s announcement of its entry into the American market through an investment in the Katosurus natural gas and liquefied natural gas portfolio, which has provided it with a comprehensive presence along the gas value chain in one of the most critical global energy markets. This move has also added new momentum to its diverse investment portfolio and ongoing projects in the Middle East, Southeast Asia, Russia, and the United States, along with strengthening its ability to capitalize on growth opportunities in advanced energy markets.
Indonesia
Regarding ongoing projects, Boufateim indicated that the company has made significant advances in the Tangkol gas project in Indonesia, recognized as one of the fastest deep-water gas development projects in the region. He emphasized that this achievement showcases Mubadala Energy’s engineering and technical expertise in executing complex projects within ambitious timelines. Additionally, the company has maintained reliable and stable production from its flagship Pijaya project in Malaysia, further enhancing its strong operational record in Southeast Asia. In terms of partnerships, Boufateim revealed that Mubadala Energy concluded the year by signing a preliminary agreement with Indonesia’s national electricity company, a pivotal step that supports the development of the Tangkol gas project and contributes to enhancing energy security in Indonesia. This reflects the company’s commitment to building long-term strategic partnerships with governments and national institutions.
Emission Reduction
Concerning sustainability, Boufateim affirmed that the company has continued to lead in emissions reduction, achieving a noticeable positive impact, having successfully cut scope one and two emissions by 36.5%. Furthermore, over one million people have benefited from its community programs over the past decade, reflecting the integration of its economic performance with its environmental and social responsibilities.
He concluded that the year 2025 represented a critical phase in the company’s quest for sustainable growth based on operational efficiency and strategic investment in natural gas. The company’s entry into the U.S. market through the Katosurus portfolio and the signing of a preliminary agreement to develop the Tangkol gas project in Indonesia have reinforced its global presence and its commitment to supporting energy security while generating sustainable value for its partners, communities, and the Abu Dhabi government.