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Home›Business & Finance›SLB lines up offshore drilling work on Asian deepwater gas project
Business & Finance

February 12, 2026 · about 5 months ago

SLB lines up offshore drilling work on Asian deepwater gas project

U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi.

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Illustration; Source: SLB

SLB elaborates that these contracts were awarded through a competitive tender process and underscore the strategic importance of the Tangkulo development to Indonesia’s long-term energy security.

Sherif Shohdy , President of Asia at SLB, emphasized: “Deepwater developments demand disciplined execution and integrated delivery.

“By combining advanced drilling technologies, real-time insights and strong local expertise, we are well positioned to support safe and efficient offshore operations and accelerate progress toward first gas.”

The Tangkulo gas field lies roughly 65 kilometers offshore North Sumatra, with over 2 trillion cubic feet (tcf) of gas-in-place.

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