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Medco Energi Internasional Tbk

Company Summary

Recent news

  • 12/8/2021 - ConocoPhillips Divesting... (subscriber access)

Company Transactions

Date: 2/15/2022
Type: Acquisition

DETAILS:

COST: 1.355 $B

VOLUMES: 50 MBOE/d

NOTES:
ConocoPhillips has reached a deal to sell down all of its Indonesian assets for $1.355 billion to MedcoEnergy, with the deal closing in early-2022. This includes a 54% interest in the Indonesia Corridor Block Production Sharing Contract (PSC) and a 35% shareholding interest in the Transasia Pipeline Company.
REGIONS:
  • Asia