MEDCOENERGI
MedcoEnergi as a Private National Oil & Gas Company and its partners has succeeded in monetizing the Senoro gas field which was previously considered as stranded gas, by supplying gas to the Donggi Senoro LNG plant among others. The inauguration of both projects was in conjunction with the release of first cargo of LNG shipment by the President of the Republic of Indonesia, Mr. Joko Widodo. Senoro Gas Development, one of MedcoEnergi's major developments, was once considered stranded gas due ... to its remote location and unavailability of infrastructure for the gas captives. We successfully develop and monetize the abundant gas resources into high quality markets that will take gas up to 310 mmscf per day. In January 2015, MedcoEnergi inked a Gas Sales Agreement of over US$ 2 billion in value, monetizing 200 BCF reserves from the Block A Production Sharing Contract in Aceh Province, Indonesia. The customer is the state owned company Pertamina, with an agreed gas price of US$ 9.45 per MMBTU. This contract demonstrates the Company’s support to the development of the Indonesian domestic gas market, at the same time creating value for the company and establishing a vital economic presence in the province of Aceh.
MEDCOENERGI
Social Links:
Industry:
Oil And Gas
Founded:
1980-06-09
Address:
Jakarta, Jakarta Raya, Indonesia
Country:
Indonesia
Website Url:
http://www.medcoenergi.com
Total Employee:
1001+
Status:
Active
Contact:
(337) 237-1822
Technology used in webpage:
Viewport Meta IPhone / Mobile Compatible SPF SSL By Default Google Analytics Apache Mobile Non Scaleable Content Euro Microsoft Exchange Online Office 365 Mail
Current Employees Featured
Founder
Stock Details
Acquisitions List
| Date | Company | Article | Price |
|---|---|---|---|
| 2019-03-21 | Ophir Energy | Ophir Energy acquired by MedcoEnergi | 539 M USD |
| 2016-06-30 | PT Newmont Nusa Tenggara | PT Newmont Nusa Tenggara acquired by MedcoEnergi | 2.6 B USD |
| 2015-10-09 | Lundin Indonesia Holding | Lundin Indonesia Holding acquired by MedcoEnergi | N/A |
Investments List
| Date | Company | Article | Money raised |
|---|---|---|---|
| 2017-07-17 | Macmahon | MedcoEnergi investment in Post-IPO Equity - Macmahon | 152 M USD |
| 2016-09-19 | ConocoPhillips | MedcoEnergi investment in Post-IPO Equity - ConocoPhillips | N/A |
Official Site Inspections
http://www.medcoenergi.com Semrush global rank: 821.79 K Semrush visits lastest month: 46.94 K
Unable to get host informations!!!
