Important Facts of the News
- Tangkulo development Plan of Development (POD) expected by Q4 2025
- Final Investment Decision (FID) likely by June 2026
- First gas production anticipated in Q4 2028
- Discovery made in May 2024, 65 km offshore North Sumatra
- Well depth is 3,400 metres, water depth is 1,200 metres
- Tangkulo gas reserves estimated at over 2 TCF
- Previous major discovery at Layaran exceeds 8 TCF
- South Andaman block now holds 80 percent working interest by Mubadala Energy
- Over 50 technical experts recruited for Indonesian operations
- New digitally enabled office established in Jakarta
Tangkulo gas project moves ahead in Indonesia
Mubadala Energy has reported notable progress in advancing the Tangkulo gas project located in Indonesia’s Andaman Sea. Developing ahead of estimated timelines, the company confirmed that work on Front-End Engineering Design and contracting for Long Lead Items is moving smoothly.
With significant discovery volumes at stake, the project is expected to finalize its development plan by late 2025. A final investment schedule is set for mid-2026, with the first flow of gas likely by the end of 2028.
Strengthening Indonesia’s energy security
Mansoor Mohamed Al Hamed, CEO of Mubadala Energy, highlighted the importance of this project for Indonesia. He noted that the discoveries in the South Andaman block form a strong foundation for growth in the region while enhancing the country’s energy independence.
The upcoming production from Tangkulo aims to reduce Indonesia’s reliance on imported LNG by supplying domestically sourced gas that aligns with national energy needs.
Deepwater discoveries build momentum
The Tangkulo gas find follows the major Layaran discovery earlier in the same region. Tangkulo has over 2 trillion cubic feet of gas-in-place, while the Layaran field boasts over 8 trillion cubic feet, demonstrating the immense gas potential of the area.
Located around 65 kilometres from North Sumatra, the Tangkulo well was drilled to an impressive depth of 3,400 metres under a water column of 1,200 metres, making it the company’s second successive deepwater success.
Investment and regional expansion plans
Securing the Central Andaman license has positioned Mubadala Energy as the largest net acreage holder in the wider region. These developments underline opportunities to increase domestic production and cater to future export demand.
The progress is also supported by substantial investments in human resources and infrastructure. More than 50 specialists have been appointed to handle areas covering deepwater exploration and project execution. The establishment of a modern office in Jakarta underscores the company’s growing commitment to Indonesia.
Community engagement continues
Mubadala Energy is also backing community-based initiatives in Indonesia. These include training programmes motivating youth to join the energy workforce, and environmental projects aimed at sustainable development.