Abu Dhabi's Mubadala said on Tuesday its energy unit plans to develop a gas field in Indonesia with its partners, investing $500 million, its first project in the south Asian country.
The Ruby gas field won approval from Indonesia's upstream oil and gas agency, Mubadala said in a statement.
The field partners are Pearl Oil, a wholly-owned subsidiary of Mubadala's Pearl Energy, which will have 70 percent stake in Ruby, Total E P Sebuku and INPEX South Makassar Ltd, with both 15 percent each.
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