MedcoEnergi

PT Medco Energi Internasional Tbk

Type	Public IDX: MEDC
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
Website	www.medcoenergi.com

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

• List of petroleum companies

References

1. ^ "Medco to produce 500,000 tons of coal by end of 2011". September 8, 2011. http://www.thejakartapost.com/news/2011/09/08/medco-produce-500000-tons-coal-end-2011.html. 

External links

• Medcoenergi website