Mubadala Energy, the Abu Dhabi-headquartered international energy company, today announced the award of the Southwest Andaman exploration Production Sharing Contract (PSC) under Indonesia锟絪 Gross Split scheme.
The block was awarded by Direktorat Jenderal Minyak dan Gas Bumi (DG MIGAS) as part of the Second Bid Round 2025. Mubadala Energy will hold a 100% participating interest and will operate the block.
Situated immediately adjacent to Mubadala Energy锟絪 existing Andaman acreage, the Southwest Andaman block is a strategic addition to the company锟絪 Andaman position alongside its South Andaman, Central Andaman, and Andaman II blocks.
The award was the result of a rigorous technical and commercial journey that began with the identification of the Southwest Andaman opportunity in 2022. A Joint Study Agreement (JSA) award was agreed in 2023 and completed in November 2024, following which a bid submission was made in November 2025. These efforts underscore Mubadala Energy锟絪 early-mover discipline and commitment to building the leading position in the basin.
Mansoor Mohamed Al Hamed, Managing Director and Chief Executive Officer of Mubadala Energy, commented: 锟絋he award of the Southwest Andaman block is a testament to our team锟絪 technical conviction, expertise in deep water exploration, and growth mindset. We have an unrivalled understanding of the Andaman basin and this award builds on our existing multi-TCF strategic discoveries at Layaran and Tangkulo and Timpan. We are fully committed to unlocking the region锟絪 vast gas potential in line with our growth strategy and to support Indonesia锟絪 energy security priorities.锟�
Geologically, Southwest Andaman represents a natural continuation of the proven Bampo DHI play that underpinned the company锟絪 recent Andaman drilling successes, including the landmark Layaran-1 and Tangkulo-1 discoveries in South Andaman, where Mubadala Energy is making significant progress in its development journey towards first gas before the end of 2028.
Abdulla Bu Ali, President Director of Mubadala Energy Indonesia, added: 锟絋his award marks another important chapter in our Andaman story and reflects the trust that the Indonesian government continues to place in Mubadala Energy as a long-term, committed partner. Southwest Andaman is a strategically significant addition to our core Andaman area, and we are excited about the prospectivity it brings. As we advance our work program, we look forward to collaborating with DG MIGAS, SKK Migas, and all our stakeholders to realize the full potential of this block for Indonesia锟絪 energy future and the communities we serve.锟�
The first exploration well at Southwest Andaman is expected to be drilled in the second exploration phase (years four to six). This is planned following completion and full interpretation of the new 3D seismic data, in line with PSC commitments and in conjunction with Mubadala Energy锟絪 activities across its broader Andaman portfolio.
Mubadala Energy锟絪 Andaman portfolio now spans five blocks consisting of South Andaman, Central Andaman, Andaman I, Andaman II, and Southwest Andaman. Collectively, they position Mubadala Energy as the largest and most active explorer in the basin, with a portfolio of multi-TCF discovered resources and a growing inventory of high-quality exploration prospects.