Dolphin Energy was established in March 1999 as an initiative of the Government of Abu Dhabi.
Dolphin Energy Limited Shareholders
The founders had always conceived Dolphin Energy as a force for international cooperation, one that would unite the vision and resources of the region with multinational capital and expertise. In 2000, Total of France was invited to become a shareholder. After the 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 Investment Company with 51 percent, Total and Occidental Petroleum with 24.5 percent each. Mubadala Investment Company is wholly owned by the Government of Abu Dhabi.
Dolphin Energy Limited was officially incorporated through Abu Dhabi Emiri Decree No. 8, on 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.