UAE-Controlled Moeve Sells Algerian Upstream Assets | HappeningNow.news

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UAE-Controlled Moeve Sells Algerian Upstream Assets

What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… Spanish energy firm Moeve has agreed to sell its upstream oil and gas…

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Summary

What I Cover My focus spans the global energy landscape and the technologies reshaping it, specifically focusing on oil and gas, renewables, and tech-driven market… Spanish energy firm Moeve has agreed to sell its upstream oil and gas assets in Algeria to units of Indonesia’s state energy firm Pertamina in a deal that sees Moeve, majority owned by Abu Dhabi’s fund Mubadala, exiting the upstream business globally.

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