Mubadala Energy, formerly Mubadala Petroleum, has been operating in Indonesia since 2004. Photo: Mubadala Energy
Mubadala Energy, formerly Mubadala Petroleum, has been operating in Indonesia since 2004. Photo: Mubadala Energy

Mubadala Energy to explore for oil and gas in Indonesian offshore block



Mubadala Energy, in partnership with Harbour Energy, has won the rights to explore for oil and gas in the Central Andaman block, located in the Andaman Sea off Indonesia.

Migas, the Indonesian oil and gas regulator, granted Mubadala the licence as part of a recent licensing round, the Mubadala Investment Company’s oil and gas unit said in a statement on Wednesday.

London-based Harbour Energy will hold a 60 per cent stake in the venture, with Mubadala Energy holding the remainder.

The move strengthens Mubadala Energy's broader strategy to expand its operations in the Andaman Sea, the company said.

“The successful bidding for the Central Andaman block is an important strategic development that will unlock further potential opportunities,” said Adnan Fateem, chief operating officer at Mubadala Energy.

“We are well positioned to realise the potential of South and Central Andaman and look forward to working with our partner and government stakeholders to develop these projects.”

Mubadala Energy also said it has completed a drilling campaign in the South Andaman area, specifically focusing on appraising the Layaran discovery.

Last year, the company said that through the Layaran-1 exploration well, it had identified the potential for more than six trillion cubic feet of gas in place.

“The results are … an important milestone for our company that will support Indonesia’s energy transition and energy security priorities,” said Abdulla Ali, president director, Indonesia, Mubadala Energy.

Mubadala Energy, formerly Mubadala Petroleum, has been operating in Indonesia since 2004. The Abu Dhabi-based company has assets and operations spanning 11 countries, primarily in the Mena region, Russia and South-East Asia.

Indonesia, South-East Asia’s largest economy, seeks to boost domestic use of natural gas following discoveries in the Andaman and North Bali-Lombok blocks.

The country, one of the world's largest coal exporters, also plans to generate at least 51 per cent of its total energy from renewable sources by 2030.

It also aims to become carbon neutral by 2060 or earlier, with renewable energy providing up to 85 per cent of the energy mix.

match info

Maratha Arabians 138-2

C Lynn 91*, A Lyth 20, B Laughlin 1-15

Team Abu Dhabi 114-3

L Wright 40*, L Malinga 0-13, M McClenaghan 1-17

Maratha Arabians won by 24 runs

Vidaamuyarchi

Director: Magizh Thirumeni

Stars: Ajith Kumar, Arjun Sarja, Trisha Krishnan, Regina Cassandra

Rating: 4/5

 

COMPANY%20PROFILE%20
%3Cp%3E%3Cstrong%3ECompany%20name%3A%20%3C%2Fstrong%3EAlmouneer%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202017%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Dr%20Noha%20Khater%20and%20Rania%20Kadry%3Cbr%3E%3Cstrong%3EBased%3A%20%3C%2Fstrong%3EEgypt%3Cbr%3E%3Cstrong%3ENumber%20of%20staff%3A%20%3C%2Fstrong%3E120%3Cbr%3E%3Cstrong%3EInvestment%3A%20%3C%2Fstrong%3EBootstrapped%2C%20with%20support%20from%20Insead%20and%20Egyptian%20government%2C%20seed%20round%20of%20%3Cbr%3E%243.6%20million%20led%20by%20Global%20Ventures%3Cbr%3E%3C%2Fp%3E%0A
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%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Revibe%20%0D%3Cbr%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%0D%3Cbr%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Hamza%20Iraqui%20and%20Abdessamad%20Ben%20Zakour%20%0D%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20UAE%20%0D%3Cbr%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Refurbished%20electronics%20%0D%3Cbr%3E%3Cstrong%3EFunds%20raised%20so%20far%3A%3C%2Fstrong%3E%20%2410m%20%0D%3Cbr%3E%3Cstrong%3EInvestors%3A%20%3C%2Fstrong%3EFlat6Labs%2C%20Resonance%20and%20various%20others%0D%3C%2Fp%3E%0A
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Starring: Ajay Devgn, Tabu, Shantanu Maheshwari, Jimmy Shergill, Saiee Manjrekar

Director: Neeraj Pandey

Rating: 2.5/5

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550 tonnes of moulded steel were raised last year to cap the dome

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Stands taller than the leaning tower of Pisa

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The size of 16 tennis courts and weighs as much as 500 elephants

Al Wasl means connection in Arabic

World’s largest 360-degree projection surface

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Ashraf Ghani: 923,592 votes

Abdullah Abdullah: 720,841 votes 

UFC Fight Night 2

1am – Early prelims

2am – Prelims

4am-7am – Main card

7:30am-9am – press cons

AUSTRALIA SQUAD

Aaron Finch, Matt Renshaw, Brendan Doggett, Michael Neser, Usman Khawaja, Shaun Marsh, Mitchell Marsh, Tim Paine (captain), Travis Head, Marnus Labuschagne, Nathan Lyon, Jon Holland, Ashton Agar, Mitchell Starc, Peter Siddle

Tips to keep your car cool
  • Place a sun reflector in your windshield when not driving
  • Park in shaded or covered areas
  • Add tint to windows
  • Wrap your car to change the exterior colour
  • Pick light interiors - choose colours such as beige and cream for seats and dashboard furniture
  • Avoid leather interiors as these absorb more heat
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4pm: Al Bastakiya Listed US$300,000 (Dirt) 1,900m; Winner: Emblem Storm, Oisin Murphy (jockey), Satish Seemar (trainer).

4.35pm: Mahab Al Shimaal Group 3 $350,000 (D) 1,200m; Winner: Wafy, Tadhg O’Shea, Satish Seemar.

5.10pm: Nad Al Sheba Turf Group 3 $350,000 (Turf) 1,200m; Winner: Wildman Jack, Fernando Jara, Doug O’Neill.

5.45pm: Burj Nahaar Group 3 $350,000 (D) 1,600m; Winner: Salute The Soldier, Adrie de Vries, Fawzi Nass.

6.20pm: Jebel Hatta Group 1 $400,000 (T) 1,800m; Winner: Barney Roy, William Buick, Charlie Appleby.

6.55pm: Al Maktoum Challenge Round-3 Group 1 $600,000 (D) 2,000m; Winner: Matterhorn, Mickael Barzalona, Salem bin Ghadayer.

7.30pm: Dubai City Of Gold Group 2 $350,000 (T) 2,410m; Winner: Loxley, Mickael Barzalona, Charlie Appleby.

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Jan - 257
Feb - 198
Mar - 159
Apr - 161
May - 159
Jun – 162
Currently: 88

Year-end rank since turning pro
2016 - 279
2015 - 185
2014 - 143
2013 - 63
2012 - 384
2011 - 883

Paatal Lok season two

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CSIL 2-star 145cm One Round with Jump-Off

1.           Alice Debany Clero (USA) on Amareusa S 38.83 seconds

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4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

Tickets

Tickets start at Dh100 for adults, while children can enter free on the opening day. For more information, visit www.mubadalawtc.com.

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How to protect yourself when air quality drops

Install an air filter in your home.

Close your windows and turn on the AC.

Shower or bath after being outside.

Wear a face mask.

Stay indoors when conditions are particularly poor.

If driving, turn your engine off when stationary.

EA Sports FC 25
Updated: September 11, 2024, 11:41 AM