MedcoEnergi
PT Medco Energi Internasional Tbk or MedcoEnergi is a publicly listed Indonesian oil and gas company.
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| Public | |
| Traded as | IDX: MEDC |
| Industry | Oil and Gas, Power Generation, Coal Mining, Gas Pipeline, Drilling Services |
| Founded | 9 June 1980 |
| Headquarters | Jakarta, Indonesia |
Key people | Hilmi Panigoro, CEO Muhammad Lutfi, President Commissioner |
| Products | Crude Oil, Natural Gas, Electricity, Gold, Copper |
| Revenue |  |
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| Website | www.medcoenergi.com |
History
The company was founded by Indonesian businessman Arifin Panigoro in 1980.[2] In October 2015, the company bought an interest in the Singa gas field in the Lematang Block located in South Sumatra for $22 million[3] and, in May 2019, the company acquired Ophir Energy in a deal valued at $517.6 million.[4]
See also
- List of petroleum companies
References
- "Annual Report 2018". MedcoEnergi. p. 19. Retrieved 23 May 2019.
- "Medco Energi Lands on the Map As It Discovers New Frontiers". Wall Street Journal. 20 November 2007. Retrieved 23 May 2019.
- "Lundin sells Indonesian assets for $22M". Offshore Energy Today. 9 October 2015. Retrieved 23 May 2019.
- "Medco completes Ophir acquisition". Offshore Magazine. Retrieved 23 May 2019.
External links
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