Harbour, Mubadala gain further Andaman Sea license

Oct. 17, 2024
Indonesia’s oil and gas regulator has awarded Harbour Energy and Mubadala Energy the Central Andaman exploration license in the Andaman Sea.

Indonesia’s oil and gas regulator has awarded Harbour Energy and Mubadala Energy the Central Andaman exploration license in the Andaman Sea.

Harbour will operate a 60% interest, with Mubadala holding the remaining 40%.

Mubadala also confirmed the completion of its South Andaman drilling campaign with the appraisal of the Layaran discovery offshore northern Sumatra.

The Layaran-1, Tangkulo-1, Layaran-2 and Layaran-2ST1 wells revealed the multi-Tcf gas potential of the Andaman Sea basin in the South Andaman and Andaman II licenses.

Mubadala said it would look to develop the resource and bring it into production as soon as possible.

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Courtesy Rystad Energy's Upstream Solution, July 2024
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