Mubadala Energy expands Andaman Sea assets ...United Arab Emirates

Local News by : (ME CONSTRUCTION NEWS) -
Mubadala Energy announced two significant milestones in its Andaman exploration activities. The company together with Harbour Energy has been awarded the Central Andaman license (Harbour 60% operated interest, Mubadala Energy 40%) by MIGAS, the Indonesian oil and gas regulator as part of the recent Indonesian licensing round. The achievement strengthens Mubadala Energy’s growth strategy in the Andaman Sea, providing added potential in the basin. In addition, Mubadala Energy has also confirmed the successful and safe completion of the South Andaman drilling campaign, with the appraisal of the Layaran discovery. The exploration and appraisal campaign, which included Layaran-1, Tangkulo-1, Laya

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