Shareholders

Dolphin Energy was established in March 1999 as an initiative of the Government of Abu Dhabi.

The founders had always conceived Dolphin as a force for international cooperation – one that would unite the vision and resources of the region with multinational capital and expertise. Total of France was accordingly invited to become a shareholder in Dolphin Energy during 2000. After a further selection process, Occidental Petroleum of the USA became the company’s second international partner in 2002.

The three Dolphin Energy Limited shareholders are Mubadala Development Company with 51 percent, and Total and Occidental Petroleum with 24.5 percent each. Mubadala Development Company is wholly owned by the Government of Abu Dhabi.

Dolphin Energy Limited was officially incorporated through Abu Dhabi Emiri Decree No 8, of May 26, 2002. Its role and responsibilities were fully detailed in Decision No 1 of the Abu Dhabi Supreme Petroleum Council (SPC) two days later.