Indonesia has formally signed contracts for some of the awarded blocks from the 2017 licensing round, writes Amanda Battersby.
United Arab Emirates operator Mubadala Petroleum has signed the production sharing contract for the Andaman I block in the underexplored but proven North Sumatra basin off Aceh.
The company’s exploration commitment in the initial three-year term is to carry out sub-surface studies and to acquire 3D seismic.
