PT Medco Energi Internasional Tbk - Company Profile
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PT Medco Energi Internasional Tbk (MedcoEnergi) a subsidiary of PT Medco Daya Abadi Lestari, is a Southeast Asian energy and natural resources company. The company's main activities include oil and gas exploration and production, as well as the development and operation of clean energy facilities such as geothermal, solar, and hydropower generation. MedcoEnergi's major products and services encompass oil, gas, and renewable energy solutions. The company holds interests in PT Amman Mineral Nusa Tenggara, which operates in the copper and gold sectors. MedcoEnergi serves a diverse range of customers across industries that require energy and natural resources. The company operates a robust portfolio of production assets and is strategically expanding its reach throughout Southeast Asia, the Middle East, and South Africa. MedcoEnergi is headquartered in Jakarta, Indonesia.
PT Medco Energi Internasional Tbk premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Power | Drilling Services |
| Crude Oil | Gas Trading |
| Natural Gas | Energy Related Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In February, the company's subsidiary, Medco Asia Pacific Limited recieved letter of Award for the Cendramas Production Sharing Contract from Petroliam Nasional Berhad (PETRONAS). |
| 2025 | Commercial Operation | In November, the company through its subsidiary PT Medco Power Indonesia (Medco Power), commenced the operations of a 39 MW Add-On Combined Cycle Power Plant (CCPP) in Tanjung Uncang, Batam. |
| 2025 | Contracts/Agreements | In September, the company signed an agreement to acquire a 45% operating interest in the Sakakemang PSC and an 80% operating interest in the South Sakakemang in South Sumatra, Indonesia. |
Competitor Comparison
| Key Parameters | PT Medco Energi Internasional Tbk | PT. Indonesia Power | PT Indika Energy Tbk | PT Alamtri Resources Indonesia Tbk | PT Wijaya Karya (Persero) Tbk |
|---|---|---|---|---|---|
| Headquarters | Indonesia | Indonesia | Indonesia | Indonesia | Indonesia |
| City | Jakarta | Jakarta | Jakarta Selatan | Jakarta Selatan | Jakarta Timur |
| State/Province | Jakarta | Jakarta | Daerah Khusus Ibukota Jakarta Raya | Daerah Khusus Ibukota Jakarta Raya | Daerah Khusus Ibukota Jakarta Raya |
| No. of Employees | 3,331 | 8,354 | 2,519 | 10,356 | 2,064 |
| Entity Type | Public | Private | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yani Y. Panigoro | President Commissioner | Executive Board | 2020 | 75 |
| Roberto Lorato | Chief Executive Officer; Director | Senior Management | 2015 | 68 |
| Anthony R. Mathias | Chief Financial Officer; Director | Senior Management | 2015 | 60 |
| Ronald Gunawan | Chief Operating Officer; Director | Senior Management | 2015 | 62 |
| Amri Siahaan | Chief Administrative Officer; Director | Senior Management | 2015 | 61 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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