Mubadala signs PSA for Indonesian Andaman 1 field

Abu Dhabi’s Mubadala Petroleum has signed a production-sharing agreement for Indonesia’s Andaman 1 gas field.
By Staff reporter 12 April 2018 0 30403

Abu Dhabi’s Mubadala Petroleum has signed a production-sharing agreement for Indonesia’s Andaman 1 gas field, which was awarded by Jakarta in its 2017 licensing round, according to The National.

Mubadala is operator of Andaman 1 and a partner in Andaman 2, which is operated by Premier Oil.

The Andaman 1 licence will require Mubadala to conduct subsurface studies and 3D seismic surveys in the first three years. 

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