SLB Secures Offshore Drilling Contracts from Mubadala Energy for Indonesia Project

SLB has been awarded multiple integrated drilling and well services contracts by Mubadala Energy for the Tangkulo gas development project in Indonesia. Located in the Andaman Sea, the project is strategically aimed at achieving first gas production by the end of 2028 to bolster regional energy security. Under the agreement, SLB will deploy advanced deepwater technologies, including real-time downhole monitoring systems, to optimize drilling efficiency and mitigate operational risks. The partnership underscores SLB's commitment to supporting large-scale exploration and production activities in Indonesia's offshore basins. This contract win is expected to strengthen SLB's project backlog and reinforce its market leadership in high-margin deepwater services. The collaboration highlights the growing demand for specialized technical expertise in developing complex natural gas resources across Southeast Asia.