Mubadala Energy's Epic Andaman Power-Up: Snagging Southwest Andaman Block!

Abu Dhabi – **Mubadala Energy** just dropped a massive win. The Abu Dhabi-headquartered international energy company today announced the award of the Southwest Andaman exploration Production Sharing Contract under Indonesia’s Gross Split scheme. They grabbed 100% participating interest and will operate the block. 

Moreover, this move strengthens their grip fast. The block sits right next to their existing Andaman acreage, including South Andaman, Central Andaman, and Andaman II blocks. 

The Smart Hunt That Paid Off Big

Mubadala Energy chased this opportunity since 2022 with sharp focus. They secured a Joint Study Agreement in 2023, wrapped it up in November 2024, and fired off the bid in November 2025. These steps highlight their early-mover discipline and commitment to dominating the basin. 

Furthermore, the award builds directly on their multi-TCF strategic discoveries at Layaran and Tangkulo and Timpan. Geologically, Southwest Andaman continues the proven Bampo DHI play that fueled recent drilling successes like Layaran-1 and Tangkulo-1. 

Leadership Cheers the Next Chapter

Mansoor Mohamed Al Hamed, Managing Director and Chief Executive Officer of Mubadala Energy, nailed it: “The award of the Southwest Andaman block is a testament to our team’s technical conviction, expertise in deep water exploration, and growth mindset. We have an unrivalled understanding of the Andaman basin and this award builds on our existing multi-TCF strategic discoveries at Layaran and Tangkulo and Timpan. We are fully committed to unlocking the region’s vast gas potential in line with our growth strategy and to support Indonesia’s energy security priorities.”

Abdulla Bu Ali, President Director of Mubadala Energy Indonesia, added his take too. He said the award marks another key chapter and shows the Indonesian government’s trust in Mubadala Energy as a long-term partner. Southwest Andaman brings fresh prospectivity, and the team looks forward to working with DG MIGAS, SKK Migas, and stakeholders to deliver for Indonesia’s energy future.

The first exploration well kicks off in the second phase, years four to six, after new 3D seismic data gets fully interpreted. Mubadala Energy’s Andaman portfolio now covers five blocks—South Andaman, Central Andaman, Andaman I, Andaman II, and Southwest Andaman—making them the largest and most active explorer in the basin with huge resources and fresh prospects. 

Lights Out, Dubai! DAMAC Turns Off the Lights for Earth Hour 2026 – Will You Join?

Imagine 300,000 people in Dubai, UAE plunging their homes into darkness together. DAMAC Properties, the largest private real estate developer in the UAE and the Middle East, urges residents and team members to switch off lights for Earth Hour 2026. This simple act sparks big climate action.

Communities across Dubai go dark at 8:30pm on Saturday, March 28. LOAMS sustainability champions and engagement teams rally everyone. Residents feel the thrill of united effort.

One Hour of Darkness That Plants 200 Trees

DAMAC champions Earth Hour to build a sustainable future. Switching off lights across 50,000 homes saves 10,800 kWhr and slashes 4,900kg of carbon dioxide emissions. Experts say this equals planting 200 trees that thrive for a decade.

Moreover, Patricia Torres from DAMAC Hills 2 shares the buzz: “It is motivating to see our community united for a meaningful cause. Earth Hour helps us appreciate how simple actions taken together can create real and lasting change.” She and neighbors eagerly switch off lights to fight climate change.

Earth Hour, organized by WWF, started in Sydney, Australia in 2007. Since then, it exploded into a global movement with millions participating. The one-hour blackout symbolizes deeper commitment to our planet. DAMAC’s push in Dubai, UAE keeps the momentum strong. 

Unlocking the Night: STARTRADER's 24/5 US Stock Revolution Hits DUBAI, UAE

Trading never sleeps anymore, and STARTRADER just proved it. The broker launched 24/5 trading on 20 of the most actively traded US stocks. These new instruments, marked with a ".24H" suffix under the dedicated US.24H security group, are now live across all STARTRADER platforms. Traders in DUBAI, UAE and beyond can now jump in whenever the urge strikes.

This move comes as global demand for extended hours explodes. With Nasdaq gearing up for 24/5 equity trading and crypto platforms tokenizing US stocks, STARTRADER joins an elite crew at the forefront. The launch delivers broader market access exactly when clients need it most.

Why Extended Hours Matter More Than Ever

STARTRADER offers these 24/5 US stocks with 5:1 leverage to keep liquidity stable during off-hours. Clients seeking higher leverage still access standard US stock products at up to 33:1. This smart dual setup lets traders pick strategies that fit their style while keeping risk in check. 

Moreover, the offering responds directly to real client needs. Some chase opportunities beyond regular market hours, while others hunt bigger potential. STARTRADER balances both perfectly.

Leadership Speaks Out

As CEO Mr. Peter Karsten put it: "We know that our clients' needs are different. Some look for opportunities beyond market hours; others seek higher potential, and STARTRADER responds to both while operating within a regulated framework. This approach reflects the company's commitment to delivering flexible solutions while maintaining strong standards of transparency and client protection."

Indeed, STARTRADER stays regulated across five jurisdictions. This strong governance keeps transparency high as the broker expands its range. The company now stands among a select group offering structured extended-hours US equity trading.

Traders everywhere gain fresh freedom thanks to this bold step from STARTRADER in DUBAI, UAE. The future of stock trading just got a whole lot more flexible.