Medco E&P Indonesia

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Medco E&P Indonesia, a subsidiary of Medco Energi Internasional Tbk, is dedicated to oil and gas operations in Indonesia, with a focus on upstream activities such as exploration, development, and production of crude oil and natural gas. The company manages a total of 15 oil and gas assets in Indonesia, of which 12 are currently in production. In 2023, these assets exceeded production targets, contributing 143 mboepd. We are committed to maintaining the highest standards and best practices throughout our operations. We continue to make progress on our ESG commitments. In 2023, we have implemented 41 GHG emission reduction initiatives through process optimization, fuel gas reduction, reducing fugitive emissions, and improving energy efficiency with lighting replacement and solar PV installation, such as in Matak (150 kWp) and Bronang Platform (11.5 kWp). These initiatives resulted in a reduction of 147,963 tCO2e/year, with a one-time reduction of 94,860 tCO2e from well cleanup & testing flare reduction. We are currently progressing CCS studies at the Natuna, Corridor and South Sumatera PSCs. We also planted 143,883 trees across our sites, and committed to their maintenance.

Company Details

Employees
3.08K
Founded
-
Phone
(337) 237-1822
Industry
Oil And Gas
NAICS
Oil and Gas Extraction
Website
http://www.medcoenergi.com/
Keywords
Tangerang Selatan.
Competitors
Medco Power Indonesia, SKK Migas, PT Medco Energi Internasional Tbk, PT Amman Mineral Nusa Tenggara, PT Solusi Energy Nusantara, PT PGN LNG Indonesia, Lowker Migas dan Energi, Elnusa Petrofin, TRIPATRA, PT Elnusa Tbk.
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News

MedcoEnergi to take over South Sumatra oil and gas blocks from Repsol - Reuters

MedcoEnergi to take over South Sumatra oil and gas blocks from Repsol Reuters

MedcoEnergi to Acquire Interests in Indonesian Assets - Rigzone

MedcoEnergi to Acquire Interests in Indonesian Assets Rigzone

MedcoEnergi to acquire stake in Repsol’s South Sumatra assets - Offshore Technology

MedcoEnergi to acquire stake in Repsol’s South Sumatra assets Offshore Technology

MedcoEnergi strengthens its energy presence in South Sumatra - Inspenet

MedcoEnergi strengthens its energy presence in South Sumatra Inspenet

MedcoEnergi lands 10-year production extension contract for offshore Thailand - World Oil

MedcoEnergi lands 10-year production extension contract for offshore Thailand World Oil

MedcoEnergi completes US$461.52 M bond buyback, launches new US$400 M notes - Indonesia Business Post

MedcoEnergi completes US$461.52 M bond buyback, launches new US$400 M notes Indonesia Business Post

MedcoEnergi installs 1,500 solar panels in Corridor Block, reducing emissions by 934 tonnes of CO₂e per annum - tanahair.net

MedcoEnergi installs 1,500 solar panels in Corridor Block, reducing emissions by 934 tonnes of CO₂e per annum tanahair.net

MEDCOENERGI IMPROVES MSCI ESG RATING TO "AA" - Laotian Times

MEDCOENERGI IMPROVES MSCI ESG RATING TO "AA" Laotian Times

MedcoEnergi to Acquire Stake in Corridor PSC in South Sumatra - Rigzone

MedcoEnergi to Acquire Stake in Corridor PSC in South Sumatra Rigzone

Indonesia's MedcoEnergi hits 2025 emissions reduction goals ahead of target - World Oil

Indonesia's MedcoEnergi hits 2025 emissions reduction goals ahead of target World Oil

MedcoEnergi Issues $400m Senior Notes to strengthen financial position - Petromindo

MedcoEnergi Issues $400m Senior Notes to strengthen financial position Petromindo

MedcoEnergi to Take Over South Sumatra Oil and Gas Blocks from Repsol - KONTAN

MedcoEnergi to Take Over South Sumatra Oil and Gas Blocks from Repsol KONTAN

MedcoEnergi discovers hydrocarbons in West Kalabau-1 Well, South Sumatra - Indonesia Business Post

MedcoEnergi discovers hydrocarbons in West Kalabau-1 Well, South Sumatra Indonesia Business Post

MedcoEnergi, Solar Philippines launch 25 MWp solar power plant, strengthening Bali’s renewable energy supply - tanahair.net

MedcoEnergi, Solar Philippines launch 25 MWp solar power plant, strengthening Bali’s renewable energy supply tanahair.net

New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels - Offshore Energy

New decarbonization milestone for Asian player as oil & gas assets benefit from solar panels Offshore Energy

MedcoEnergi Q1 2025 slides: EBITDA rises despite seasonal headwinds - Investing.com

MedcoEnergi Q1 2025 slides: EBITDA rises despite seasonal headwinds Investing.com

MedcoEnergi granted Bualuang field production period extension - Oil & Gas Journal

MedcoEnergi granted Bualuang field production period extension Oil & Gas Journal

MedcoEnergi acquires Repsol’s participating interest in Corridor PSC - Indonesia Business Post

MedcoEnergi acquires Repsol’s participating interest in Corridor PSC Indonesia Business Post

MedcoEnergi completes 3D seismic acquisition in Corridor Block - Indonesia Business Post

MedcoEnergi completes 3D seismic acquisition in Corridor Block Indonesia Business Post

MedcoEnergi Secures Bualuang Production Permit Extension to 2035 - Rigzone

MedcoEnergi Secures Bualuang Production Permit Extension to 2035 Rigzone

Indonesia's Medco Energi keeps 2024 production guidance - Natural Gas World

Indonesia's Medco Energi keeps 2024 production guidance Natural Gas World

Medco Energi secures Bualuang oil field production period extension - Offshore Technology

Medco Energi secures Bualuang oil field production period extension Offshore Technology

Medco in Thailand offshore production boost - Upstream Online

Medco in Thailand offshore production boost Upstream Online

Medco Energi Books Strong Financial, Operational Performance in 2024 - Indonesia Business Post

Medco Energi Books Strong Financial, Operational Performance in 2024 Indonesia Business Post

MedcoEnergi buys major stakes in South Sumatra gas blocks from Repsol - Indonesia Business Post

MedcoEnergi buys major stakes in South Sumatra gas blocks from Repsol Indonesia Business Post

ConocoPhillips divests Indonesian assets for $1.35bn to MedcoEnergi - Offshore Technology

ConocoPhillips divests Indonesian assets for $1.35bn to MedcoEnergi Offshore Technology

Medco Energi divests stake in Libya's Area 47 to National Oil Corporation - Indonesia Business Post

Medco Energi divests stake in Libya's Area 47 to National Oil Corporation Indonesia Business Post

Exclusive: Medco Energi launches tender for latest Indonesian gas project - Upstream Online

Exclusive: Medco Energi launches tender for latest Indonesian gas project Upstream Online

MedcoEnergi buys back 407 million shares, prepares US$50 million in funds - Indonesia Business Post

MedcoEnergi buys back 407 million shares, prepares US$50 million in funds Indonesia Business Post

Medco Energi completes Ophir Vietnam Block 12W B.V. divestment - Indonesia Business Post

Medco Energi completes Ophir Vietnam Block 12W B.V. divestment Indonesia Business Post

MedcoEnergi to take over South Sumatra oil and gas blocks from Repsol - MarketScreener

MedcoEnergi to take over South Sumatra oil and gas blocks from Repsol MarketScreener

Medco Energi Announces Completion of Acquisition of Ophir Energy plc - Euro-petrole.com

Medco Energi Announces Completion of Acquisition of Ophir Energy plc Euro-petrole.com

Energy Collaboration: Singapore's First Offshore Solar Import Project to Provide Green Energy to Consumers - 美通社

Energy Collaboration: Singapore's First Offshore Solar Import Project to Provide Green Energy to Consumers 美通社

NOC takes over Medco Energi’s Area 47 and shares in Nafusah Oil in settlement of claims - Libya Herald

NOC takes over Medco Energi’s Area 47 and shares in Nafusah Oil in settlement of claims Libya Herald

Puma Energy enters Indonesia - Trafigura

Puma Energy enters Indonesia Trafigura

Indonesian firm acquires 20% interest in 2 Oman blocks - Oman Observer

Indonesian firm acquires 20% interest in 2 Oman blocks Oman Observer

MedcoEnergi expands presence in Oman’s upstream energy sector - Oman Observer

MedcoEnergi expands presence in Oman’s upstream energy sector Oman Observer

MedcoEnergi’s integrated talent development approach - HRM Asia

MedcoEnergi’s integrated talent development approach HRM Asia

MedcoEnergi gets approval to acquire 20% interest in Oman’s Blocks 60 and 48 - Muscat Daily

MedcoEnergi gets approval to acquire 20% interest in Oman’s Blocks 60 and 48 Muscat Daily

MedcoEnergi reports first gas production from Meliwis Field - ANTARA News

MedcoEnergi reports first gas production from Meliwis Field ANTARA News

$600 Million Omani Oilfield Contract Renewed with Indonesia’s MedcoEnergi - Egypt Oil & Gas

$600 Million Omani Oilfield Contract Renewed with Indonesia’s MedcoEnergi Egypt Oil & Gas

Indonesia’s MedcoEnergi, Singapore’s GSPL confirm extension of gas sales agreement - The Straits Times

Indonesia’s MedcoEnergi, Singapore’s GSPL confirm extension of gas sales agreement The Straits Times

MedcoEnergi Begins Development of Libya Area 47 - Tempo.co English

MedcoEnergi Begins Development of Libya Area 47 Tempo.co English

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