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Medco-Energi-Internasional

Companies 4 months ago

PREMIUM
Medco eyes green power exports to Singapore in 2028

PT Medco Power Indonesia plans to export its first green electricity to Singapore in 2028 as part of a broader strategy to tap the country’s vast renewable energy potential and rising regional demand.

Companies 10 months ago

PREMIUM
Medco launches production at Forel, Terubuk fields

President Prabowo Subianto presided over the launch of production at the Forel and Terubuk oil and gas fields in the South Natuna Sea off Riau Islands on May 16.

Regulations 2 years ago

PREMIUM
Oil and gas giants mulling switch to cost recovery scheme

Pertamina's upstream arm PHE and MedcoEnergi are seeking to switch their contracts from a gross split to a cost recovery scheme for certain oil and gas fields to improve their profitability and overall output.

Companies 2 years ago

PREMIUM
Medco Energi revenue up 85% on higher output, prices

Indonesia’s second-largest oil and gas company booked US$2.31 billion in revenue in 2022, up 84.66 percent from the previous year, on the back of high commodity price growth, increasing oil and gas production as well as its mining business.

Companies 3 years ago

Medco’s Corridor Block exceeds state budget target in 2022 gas lifting

The Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas) reports that oil and gas lifting results in the Corridor Block in South Sumatra has far exceeded the 2022 State Budget (APBN) expectations.

Companies 3 years ago

PREMIUM
Medco Energi’s revenue up 62% in Q1

Indonesia’s second-largest oil and gas company has seen its revenue rise 62 percent on the year as its production increased simultaneously with surging oil prices.

Companies 4 years ago

PREMIUM
Medco hikes capex 50% for 2022 to raise output

The company aims to increase oil and gas production by 63 percent to 155 mboepd next year.

Companies 4 years ago

PREMIUM
MedcoEnergi to acquire ConocoPhillips' Indonesian assets

Indonesia’s second-largest oil and gas company is set to pay $1.36 billion for the assets of US-controlled energy firm ConocoPhillips Indonesia Holding.

Business 4 years ago

PREMIUM
Medco books US$5.1m net profit in Q1 as oil prices rise

PT Medco Energi Internasional, the country’s second-largest oil and gas company, booked US$5.11 million in the January to March period, reversing the quarterly net loss the company booked in the same period last year.

Business 5 years ago

PREMIUM
Government, House name sovereign wealth fund’s supervisory board members

The Indonesian sovereign wealth fund's supervisory board will be led by the finance minister and its members will include the state-owned enterprises (SOEs) minister and three professionals.

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Medco-Energi-Internasional

PREMIUM Medco eyes green power exports to Singapore in 2028

PREMIUM Medco launches production at Forel, Terubuk fields

PREMIUM Oil and gas giants mulling switch to cost recovery scheme

PREMIUM Medco Energi revenue up 85% on higher output, prices