Medco E&P Indonesia

🗓 Founded 1992👥 2,619 employees💰 Last funded Jul 2022
Oil and Gas🌐 medcoenergi.com
Website LinkedIn
Subsidiary of Medco Energi Internasional, Tbk. for oil and gas activities in Indonesia, focusing on upstream activity, exploration, development and production of crude oil and natural gas. MedcoEnergi’s upstream activities began with its 1992 acquisition of Tesoro’s Oil and Gas E&P contracts (Sanga-Sanga/Samboja/Tarakan Blocks TAC and Tarakan Block PSC) in East Kalimantan, MedcoEnergi proceeded to successfully demonstrated its capability in redeveloping and improving the production of mature fields in East Kalimantan. The success in enhancing the performance of mature fields in East Kalimantan, on top of the successful stocks IPO in early fourth quarter 1994, strengthened MedcoEnergi’s confident to expand its upstream activities. In 1995 the Company acquired PT Stanvac Indonesia from Exxon and Mobil Oil. The Company acquired Oil and Gas E&P contracts (PSCs) in South Sumatra through this transaction
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Total investors
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Early stage
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Mid stage
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Late stage
1992
Founded

Investors

1 investors
All
Early stage
Mid stage
Late stage
Investor geography1 country
Indonesia
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Frequently asked questions
Who invested in Medco E&P Indonesia?
Medco E&P Indonesia has 1 investors on record on gritt.io.
When did Medco E&P Indonesia last raise funding?
The most recent investment in Medco E&P Indonesia recorded on gritt.io was in July 2022.
When was Medco E&P Indonesia founded?
Medco E&P Indonesia was founded in 1992.
What industry is Medco E&P Indonesia in?
Medco E&P Indonesia operates in Oil and Gas. Find similar Oil and Gas investors on gritt.io.