Indonesian independent MedcoEnergi is moving a workover rig to its CBM-SE-02 well at the Sekayu coalbed methane (CBM) exploration project in South Sumatra, project partner CBM Asia Development has ...

PT Medco Energi Internasional Tbk said it has entered into agreements valued at around $90 million to acquire interests in two production sharing contracts in South Sumatra, Indonesia. MedcoEnergi is ...

Roberto Lorato, CEO of MedcoEnergi, emphasizes the importance of strong regional cooperation to build the infrastructure and ...

MedcoEnergi said its long-term plan seeks to improve Bualuang's production and maximize asset value by investing in facility debottlenecking, workovers, development drilling, and near-field ...

JAKARTA, Sept 16 (Reuters) - MedcoEnergi (MEDC.JK), opens new tab has agreed to buy large stakes in two South Sumatra oil and gas blocks from Spain's Repsol for about $90 million, the Indonesian ...

JAKARTA, Indonesia, Feb. 5, 2025 /PRNewswire/ -- PT Medco Energi Internasional Tbk (MedcoEnergi) has received an upgrade to its MSCI ESG rating, from "A" to "AA". This recognition positions ...

Medco Energi has been granted approval from the Government of Thailand for a production period extension for Bualuang oil field in the Gulf of Thailand. MedcoEnergi's Bualuang development offshore ...

MUSCAT: Indonesian oil and gas firm PT Medco Energi Internasional Tbk (MedcoEnergi) has described stake acquisitions in two key hydrocarbon blocks in the Sultanate of Oman as a “significant milestone” ...

PT Medco Energi Internasional, through its subsidiary Medco International Ventures Limited, announced the official establishment of a Joint Operating Company (JOC) with the National Oil Corporation of ...

The well targeted the Baturaja formation. MedcoEnergi will proceed with additional well testing and technical evaluations to further assess the potential size and commercial viability of the discovery ...

MedcoEnergi is acquiring a 45 percent operating interest in the Sakakemang production sharing contract (PSC) and an 80 percent operating interest in the South Sakakemang PSC. Image by naruedom via ...