Harbour Energy Inks Contract to Develop Indonesian Oil Block
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Harbour Energy and Mubadala Energy have signed a contract to develop the Central Andaman oil block in Indonesia under the country's new gross split scheme.
December 06, 2024 | 1:45 pm
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Harbour Energy has entered into a partnership with Mubadala Energy to develop the Central Andaman oil block in Indonesia, which could enhance its production capabilities and market presence in the region.
The partnership with Mubadala Energy to develop a new oil block in Indonesia is likely to enhance Harbour Energy's production capabilities and market presence in the region. This development aligns with the company's growth strategy and could positively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80