TOT TotalEnergies SE

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Share Name	Share Symbol	Market	Type
TotalEnergies SE	BIT:TOT	Italy	Ordinary Share

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CORRECT: Mubadala Oil & Gas CEO: Not Involved In Any Sudan Oil Projs

19/10/2009 6:31pm

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Mubadala Oil and Gas isn't involved in any oil projects in the Sudan, the chief executive of Mubadala Oil and Gas said at a conference Monday.

The comments follow a statement by Sudan's Oil Minister Zubair Ahmed al-Hassan in April 2008 that the Abu Dhabi-owned fund Mubadala is "the strongest" candidate to enter the Total SA's (TOT) South Sudan Block.

Meanwhile, Mubadala's Dolphin Energy project, which imports natural gas to the Unite Arab Emirates via a pipeline from Qatar, is fully on stream and delivering 2 billion cubic feet of gas, Maurizio La Noce, Chief Executive, Mubadala Oil & Gas and Executive Director, Mubadala Energy & Industry said.

-By Reza Amanat, Dow Jones Newswires; 4420-7842-9487; reza.amanat@dowjones.com