Abu Dhabi’s proposed merger of two of its largest sovereign investment funds would create a global energy business that produces more oil than OPEC member Libya and with bigger assets than ConocoPhillips. The Persian Gulf emirate with about 6% of the world’s crude reserves will combine Mubadala Development Co. and International Petroleum Investment Co. to cut costs and boost efficiency, the state news agency WAM reported Wednesday. The deal would pool assets of about $135 billion, many of them non-energy-related, and debt of about $42 billion, according to Bloomberg calculations. ConocoPhillips, by comparison, had $97 billion in total assets as of Dec. 31, 2015.
Abu Dhabi merger to create oil producer dwarfing OPEC's Libya
アブダビの政府系投資会社のIPICとMubadalaは、OPECメンバーのLibya以上の石油生産と、ConocoPhillips以上の時価資産を狙い、両社の合併計画を発表した。
合併が実現すれば、1350億ドルの時価総額企業が誕生する。ConocoPhillipsは970億ドル。