Offshore Technology · February 13, 2026 · 1 min read

SLB wins key contracts for Tangkulo gas project in Indonesia

Analysis

OilCyprus Editorial

SLB has been awarded multiple contracts by Mubadala Energy for offshore drilling services related to the Tangkulo deepwater natural gas project in the Andaman Sea, Indonesia. This signifies continued investment in Indonesian gas development and strengthens SLB's position in the offshore drilling market.

Key Facts

SLB secured contracts from Mubadala Energy.
The contracts are for offshore drilling services.
The project is the Tangkulo deepwater natural gas development in the Andaman Sea, Indonesia.

Market Impact

This award suggests a positive outlook for deepwater gas exploration and production activities in Southeast Asia. It also indicates that major service companies like SLB are well-positioned to capitalize on these opportunities. The project will likely stimulate further investment in the region's offshore energy sector.

Why This Matters

This contract win for SLB highlights the ongoing importance of deepwater gas projects in meeting growing energy demand and provides insight into the activity levels and strategic priorities of major players in the offshore drilling market.

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