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Indonesia’s Medco Energi Issues Bonds US$650M for Ophir’s Acquisition, Pay Debt

JAKARTA (TheInsiderStories) – An oil and gas producer, PT Medco Energi International Tbk (IDX:MEDC) issued global bonds with total amount US$650 million with coupon...

Indonesian MedcoEnergy Hopes Ophir Transaction Closed in 2Q

JAKARTA (TheInsiderSrories) - Indonesian investment company, PT Medco Energi Internasional Tbk (IDX: MEDC) targeting the acquisition of Ophir Energy to be completed in the second quarter...

Ophir Shareholders Accepts Indonesia’s Medco Proposal

JAKARTA (TheInsiderStories) – British energy producer, Ophir Energy Plc finally agreed on PT Medco Energi International Tbk (IDX: MEDC)’ offers, after months of negotiations....

Indonesia’s Medco Gets Extension to Offer UK’s Ophir Shares

JAKARTA (TheInsiderStories) - Indonesian oil & gas producer, PT Medco Energi Internasional Tbk (IDX: MEDC) get an extension to make an offer for Ophir Energy Plc' shares, said the...

London’s Ophir Rejects MedcoEnergi’s Possible Offer

JAKARTA (TheInsiderStories) — Indonesia' oil and gas producer PT Medco Energi Internasional Tbk (IDX: MEDC) expectation to own a Ophir Energy Plc. is nearly...

Medco Power Indonesia will Increase Power Supply in Riau

JAKARTA (TheInsiderStories) – PT Medco Power Indonesia (MPI), engaged in the power sector, will increase power supply up to 275 megawatt in Riau, said...

Indonesia Offers Tarakan Block to Investors

JAKARTA (TheInsiderStories) - Director General of Oil and Gas for Minister of Energy and Mineral Resources (MEMR) Djoko Siswanto said, the government plans to auction...

Indonesia’s Medco First Half Net Profit Falls 48%

JAKARTA (TheInsiderStories)--PT Medco Energi International Tbk (IDX: MEDC)'s net profit for the first half this year fell 48.6 percent to US$41.4 million (year on...

IFC Extends up to $50M Debt Financing for Power Plant in...

JAKARTA (TheInsiderStories)--The International Finance Corporation (IFC), a member of the World Bank Group, has proposed to extend a debt financing package of up to...

Indonesia’s MedcoEnergi Renew Oil & Gas Contracts in Libya

JAKARTA (TheInsiderStories) - Indonesia's energy company PT Medco Energi Internasional Tbk (IDX: MEDC) renew oil and gas contracts with the Libyan Investment Authority (LIA)...