Medco Energi Internasional is an Indonesian energy company focused on the exploration and production of oil and natural gas. Based in Jakarta, it operates primarily in Indonesia but has a presence throughout Southeast Asia as a leading player in the regional energy sector.
The company engages in upstream activities, managing production sharing contracts and developing hydrocarbon resources. Its main products are crude oil and natural gas, which it extracts using modern drilling and extraction technologies.
Medco Energi is part of the Medco Group, a diversified conglomerate with interests in energy and natural resources. It is publicly traded on the Indonesia Stock Exchange, which supports its growth and investment in new projects.
In the industry, Medco Energi holds a significant position as one of Indonesia's major independent oil and gas companies. It has been expanding through strategic acquisitions, including the purchase of interests in several Indonesian blocks from international partners like Eni. This positions it well for future development in the competitive Southeast Asian energy market.
Also known as Medco.
None yet. When a new project in the record names Medco Energi as owner, partner or investor, it shows here.
Maha field begins production at 250 MMSCFD via two subsea wells tied to Jangkrik FPU; gas routed to domestic market and Bontang LNG, lifting combined plateau to 750 MMSCFD.
Proforma gearing at a historic low of 9% and adjusted CFFO lifted to €16.5bn; underlying E&P output +7% to 1.83 mln boe/d. Strategic deals include Junin 5 relaunch and asset monetisations.
Two binding agreements transfer 10% interests across multiple Indonesian PSCs, covering producing gas fields, major discoveries and hub projects; completions subject to regulatory approvals.