Mubadala Energy awarded Southwest Andaman exploration Production Sharing Contract in Indonesia

Mubadala Energy was awarded the Southwest Andaman exploration Production Sharing Contract in Indonesia by the country's upstream regulator DG MIGAS. The Abu Dhabi-based company will hold a 100% participating interest and operate the block, which was awarded as part of Indonesia’s Second Bid Round 2025 under the Gross Split scheme. The block is located adjacent to Mubadala Energy’s existing Andaman acreage, adding to its portfolio that includes South Andaman, Central Andaman, and Andaman II blocks. The award followed a process that began with identifying the opportunity in 2022, a joint study agreement in 2023, and a bid submission in November 2025. The first exploration well is expected to be drilled in the second exploration phase, following acquisition and interpretation of 3D seismic data.

Counterparts (2)

Developer

Mubadala Energy

company

Mubadala Energy, a subsidiary of Mubadala Investment Company, is a global energy company managing a diversified portfolio of upstream oil & gas and LNG assets. It operates across the Middle East, North Africa, Southeast Asia, and Europe, actively developing new energy solutions and decarbonization technologies.

Partner

D

DG MIGAS

company