Medco Energi Internasional

MedcoEnergi is proud to be the first Indonesian company operating in the oil and gas exploration and production business listed in the Jakarta Stock Exchange since 1994.

It was back in 1992, when MedcoEnergi entered into the business, through the acquisition of a relatively small oil field in East Kalimantan area, from Tesoro, a US based oil company, producing 5,000 barrels of oil per day, which subsequently yielded significant gas reserves supplied to nearby power and methanol plants.

Currently, MedcoEnergi has transformed into an integrated energy company with business involvement in oil and gas exploration and production, drilling services, methanol production and most recently, power generation.