PT Medco Energi Internasional Tbk - Company Profile

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PT Medco Energi Internasional Tbk: Overview

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PT Medco Energi Internasional Tbk (MedcoEnergi), a subsidiary of PT Medco Daya Abadi Lestari, is an integrated energy company. It explores and develops oil and gas fields, produces and trades chemicals. The company also provides energy related services such as engineering procurement and construction (EPC), equipment leasing, operation and maintenance, energy trading and support services for oil and gas business. It also operates oil and gas fields through various agreements, including production sharing contracts, technical assistance contracts, and joint operating bodies. The company has its operations in Africa, Asia, the Middle East and North America. MedcoEnergi is headquartered in Jakarta, Indonesia.

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Headquarters Indonesia
Address The Energy 53rd Floor, SCBD Lot 11A,Jl. Jend. Sudirman, Kav. 52-53, Jakarta, 12190
Website www.medcoenergi.com
Telephone 62 21 29953000
No of Employees 3,385
Industry Energy and Utilities
Ticker Symbol & Exchange MEDC (JAK)
Revenue (2022) $2.3B 84.7% (2022 vs 2021)
EPS XYZ
Net Income (2022) XYZ 1029.1% (2022 vs 2021)
Market Cap* $2.4B
Net Profit Margin (2022) XYZ 510.6% (2022 vs 2021)
* As of and is in US$
View PT Medco Energi Internasional Tbk financials
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PT Medco Energi Internasional Tbk premium industry data and analytics

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Tenders & Contracts

Detailed insights into open, awarded and pre-solicited tenders and contracts for PT Medco Energi Internasional Tbk.

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ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on PT Medco Energi Internasional Tbk’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products Services Brands
Crude Oil Drilling Services MedcoEnergi
Natural Gas Energy Related Services
Power Gas Trading
XYZ XYZ
XYZ XYZ
XYZ XYZ
Understand PT Medco Energi Internasional Tbk portfolio and identify potential areas for collaboration Understand PT Medco Energi Internasional Tbk portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Regulatory Approval In December, the company secured Ministerial approval for an amendment to the new Corridor Block PSC.
2023 Acquisitions/Mergers/Takeovers In December, the company acquired a 20% interest in Block 60 and a 20% interest in Block 48 in Oman from OQ Exploration & Production LLC.
2023 Contracts/Agreements In June, Medco E&P Natuna Ltd signed a gas sales agreement with Sembcorp Gas Pte Ltd to import natural gas piped from the West Natuna gas fields in Indonesia.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
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Competitor Comparison

Key Parameters PT Medco Energi Internasional Tbk PT Adaro Energy Tbk PT Indika Energy Tbk PT. Indonesia Power PT Wijaya Karya (Persero) Tbk
Headquarters Indonesia Indonesia Indonesia Indonesia Indonesia
City Jakarta Jakarta Selatan Jakarta Selatan South Jakarta Jakarta
State/Province Jakarta Daerah Khusus Ibukota Jakarta Raya Daerah Khusus Ibukota Jakarta Raya Jakarta Daerah Khusus Ibukota Jakarta Raya
No. of Employees 3,385 13,884 1,998 4,189 4,078
Entity Type Public Public Public Private Public
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Executives
Name Position Board Since Age
Roberto Lorato Chief Executive Officer; Director Executive Board 2015 65
Anthony R. Mathias Chief Financial Officer; Director Executive Board 2015 57
Ronald Gunawan Director; Chief Operating Officer Executive Board 2015 59
Amri Siahaan Director; Chief Administrative Officer Executive Board 2015 58
Hilmi Panigoro President Director Executive Board 2015 68
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
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