Medco Llc Oman

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Medco Oman is responsible for oil production in Karim Fields (Shuwaimiah). With more than 180 dedicated employees (permanent/direct contract), Medco Oman operates in ethical, professional, open and innovative way generating value to Oman and the World. History Medco operation in Oman started in January of 2006 with oil production in Karim Fields, a field outsourced by Petroleum Development Oman (PDO). Through aggressive infill drilling of more than 300 wells and application of secondary recovery, the Company was able to increase more than double the production from 11,000 BOPD to a peak of 22,600 BOPD. These efforts resulted in an extension of the contract for an additional 25 years in 2015. Medco Oman is part of MedcoEnergi, a leading Southeast Asian integrated energy and natural resources company listed on the Indonesia Stock Exchange. MedcoEnergi has three key business segments, Oil & Gas, Power and Mining. MedcoEnergi explores for and produces oil and gas primarily in Indonesia and is expanding its presence in the Southeast Asia. The Group operates gas, geothermal and hydro power plants in Indonesia through Medco Power Indonesia and a non-consolidated interest in Amman Mineral Nusa Tenggara which operates a large Indonesian copper and gold mine. Values Professional – All members act professionally, always seeking self-improvement to be the most competent. Ethical - All members conduct themselves in an ethical manner by conducting business with integrity, applying the highest ethical standards at all times and following company and government policies. Open – All members promote transparency by encouraging informality and openness in communication at all. Innovative – All members cultivate a spirit of innovation by being pioneers in their field, continuously searching for innovative solutions to achieve better, safer, and cost effective outcomes.

Company Details

Employees
100
Founded
-
Address
3409 Way, Bait Al Reem (Behind Ministry Of Housing),oman
Industry
Oil And Gas
NAICS
Oil and Gas Extraction
Keywords
LLC.
HQ
Khuwair, Muscat
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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 lands 10-year production extension contract for offshore Thailand - World Oil

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

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 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

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

MEDCOENERGI IMPROVES MSCI ESG RATING TO "AA" Laotian Times

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

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

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 Secures Bualuang Production Permit Extension to 2035 - Rigzone

MedcoEnergi Secures Bualuang Production Permit Extension to 2035 Rigzone

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, 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

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

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

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

MedcoEnergi granted Bualuang field production period extension Oil & Gas Journal

Medco in Thailand offshore production boost - Upstream Online

Medco in Thailand offshore production boost 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 acquires stake in Repsol’s Indonesian gas operation for $425m - Offshore Technology

Medco Energi acquires stake in Repsol’s Indonesian gas operation for $425m Offshore Technology

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

Medco Energi secures Bualuang oil field production period extension Offshore Technology

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

Two ‘strategic’ oil & gas fields come online offshore Indonesia - Offshore Energy

Two ‘strategic’ oil & gas fields come online offshore Indonesia Offshore Energy

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

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

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

Medco Energi delivers with Indonesian wildcat - Upstream Online

Medco Energi delivers with Indonesian wildcat Upstream Online

Repsol in Indonesia upstream exit - Upstream Online

Repsol in Indonesia upstream exit Upstream Online

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

Medco Energi Injects Rp3 Trillion in Loans to Subsidiaries - Tempo.co English

Medco Energi Injects Rp3 Trillion in Loans to Subsidiaries Tempo.co English

Medco Energi Signs Intercompany Credit Agreement Worth US$ 373.6 Million - Tempo.co English

Medco Energi Signs Intercompany Credit Agreement Worth US$ 373.6 Million Tempo.co English

Medco sells stake in Libyan oil project to local energy firm - The Jakarta Post

Medco sells stake in Libyan oil project to local energy firm The Jakarta Post

Puma Energy enters Indonesia - Trafigura

Puma Energy enters Indonesia Trafigura

Medco Energi Injects Rp2.4 Trillion in Capital to Subsidiary - Tempo.co English

Medco Energi Injects Rp2.4 Trillion in Capital to Subsidiary Tempo.co English

Medco Energi in talks to buy controlling stake in Senoko: Sources - The Straits Times

Medco Energi in talks to buy controlling stake in Senoko: Sources The Straits Times

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

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

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’s integrated talent development approach - HRM Asia

MedcoEnergi’s integrated talent development approach HRM Asia

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

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

MedcoEnergi Begins Development of Libya Area 47 Tempo.co English

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