Mubadala Petroleum has inked a Memorandum of Understanding (MoU) with Al Yah Satellite Communications Company (Yahsat), which is the UAE’s main satellite solutions provider, to investigate the supply of satellite services connectivity throughout its properties in Southeast Asia.
Khalid Al Kaf, Yahsat’s Chief Operations Officer, and Mazin Al Lamki, Mubadala Petroleum’s Chief Operating Officer, signed the MoU. It lays out a strategy for developing customized services for the energy sector throughout Mubadala Petroleum’s many sites. The two firms will look at how Yahsat’s industry-leading satellite-based technology and vast coverage across EMEA and Asia may help Mubadala Petroleum’s vital operations, such as connectivity between Mubadala Petroleum’s site offices, associated data centers, and headquarters.
“Yahsat has the unique expertise and experience to assist Mubadala Petroleum’s regional activities,” stated Ali Al Hashemi, who works as the Group Chief Executive Officer of Yahsat. This collaboration cements Yahsat’s position as a preferred provider of satellite communication technology and key infrastructure to a variety of industries, including the oil and gas industry. We’re excited to use this cooperation to accelerate our growth and expansion throughout the Middle East and Asia.”
“Digital platforms are crucial to the success of our business,” said Mansoor Mohamed Al Hamed, CEO of Mubadala Petroleum. “We have spent extensively in establishing a digital transformation plan that enhances our business goals.” We’re excited to form this cooperation with a local satellite communications provider, and we’re looking forward to seeing how this alliance can help us deliver expanded services that assist our operational excellence.”
Yahsat is a public corporation registered on the Abu Dhabi Securities Exchange and a division of Mubadala Investment Company that provides multi-mission satellite facilities in over 150 nations across Europe, South America, the Middle East, Australasia and Africa, Asia.
Yahsat’s five satellites cover over 80 percent of the globe’s population, allowing for crucial communications such as the internet, video broadcasting, backhauling, as well as mobile phone and data solutions. Yahsat, based in the United Arab Emirates, offers consumers, governments, and businesses a comprehensive range of Ka, C, Ku, and L-band technologies for maritime, land, and aero platforms. YahClick (powered by Hughes), Thuraya, YahLink, Yahsat Government Solutions, and Yahlive are among our companies. T4-NGS, Thuraya’s next-generation telecommunications system, began construction in 2020 and is expected to be operational by 2024.
Mubadala is a trailblazing global investor that uses honesty and inventiveness to boost economic progress for Abu Dhabi’s long-term benefit. Mubadala, Abu Dhabi’s foremost strategic investment organization, is involved in 13 sectors and over 30 countries throughout the world, creating long-term value for their shareholder, the Abu Dhabi Government.