PT Medco Energi Internasional Tbk
Type Public IDXMEDC
Industry Oil and Gas, Downstream-LPG Plant, Ethanol Plant, Trading & Disttribution, Power Generation-IPP, O&M Services, Project Management, EPC
Founded 9 June 1980
Headquarters The Energy Building in Jakarta, Indonesia
Key people Arifin Panigoro, Founder
Hilmi Panigoro, Chairman
Lukman Mahfoedz, President Director & CEO
Syamsurizal Munaf, Corporate Finance Officer
Frila B. Yaman,Corporate Operations Officer
Akira Mizuta, Corporate Planning Officer
Dasril Dahya, Corporate Human Capital Officer
Budi Basuki, COO Power, Mining & Downstream
Faiz Shahab, Chief Exploration & New Ventures Officer
Hartono Nugroho, Production Director Oil&Gas
Eka Satria, Development Director Oil&Gas
Johannes Kustadi, Chief Business Support Officer
Products Crude Oil, Natural Gas, LPG, Electricity

MedcoEnergi, short for PT Medco Energi Internasional Tbk, is an Indonesian energy company that was founded on June 9, 1980. Started as drilling contractors, MedcoEnergi has transformed into an integrated energy company with business involvement in oil and gas exploration and production, downstream and power generation.

MedcoEnergi has the right to explore for and produce oil and gas under 15 different production sharing arrangements with BP Migas, Indonesia's national upstream oil and gas regulator, and in some cases, with Pertamina, Indonesia's state-owned national oil and gas company. As of December 31, 2008, MedcoEnergi produced crude oil and natural gas from nine contract areas located in Sumatra, Java, Sulawesi, Kalimantan and Natuna in Indonesia, and had six exploration contracts and one economic interest in other areas in Indonesia. MedcoEnergi also has stakes in fifteen U.S. blocks as well as one exploration block in Libya, two exploration block in Yemen, one exploration block in Tunisia and two exploration blocks in Cambodia. MedcoEnergi also holds one exploration and development service contract for producing block in Oman.


Medco Energi Mining International

Medco Energi Mining International (MEMI), a subsidiary of Medco Energi International, announced that at the end of 2011 will initial produce 500,000 tons of 7,000 high kilo calories coal which will be exported to China from 2 mining companies have been acquired by MEMI in 2009, located in Nunukan, East Kalimantan.[1]

See also


External links

Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Medco Energi — PT Medco Energi Internasional Tbk Dates clés 1980 Siège social  …   Wikipédia en Français

  • Sidoarjo mud flow — The Sidoarjo mud flow or Lapindo mud, also informally abbreviated as Lusi , a contraction of Lumpur Sidoarjo ( lumpur is the Indonesian word for mud), is a since May 2006 ongoing eruption of gas and mud in the subdistrict of Porong, Sidoarjo in… …   Wikipedia

  • List of petroleum companies — These are lists of petroleum companies.List of companies by size of oil reservesA list of the largest petroleum companies is always somewhat arbitrary as state owned companies operate differently to private owned ones. As of April 2007 here are… …   Wikipedia

  • List of Indonesia-related topics — This is a list of topics related to Indonesia. Those interested in the subject can monitor changes to the pages by clicking on Related changes ( alt k ) in the sidebar.This list can re read in conjunction with List of basic Indonesia topics… …   Wikipedia

  • List of oil exploration and production companies — This is a list of selected petroleum (crude oil) exploration and production companies in alphabetical order. This list does not included companies involved in refining and marketing only. Contents 1 Africa 2 Americas 3 Asia 4 …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.