UAE’s Mubadala Energy announced a natural gas discovery in an offshore block in Indonesia.
The discovery, analysts say, is the second-largest deepwater gas find this year, Reuters reported.
In a statement, the company said the discovery was made in the South Andaman area, around 100 km offshore of North Sumatra.
The exploration well Mubadala Energy had drilled produced 30 million cubic feet daily of “excellent gas quality”, the company said.
“With our strategy to expand our gas portfolio to support the energy transition, this development offers material commercial opportunities and adds…
