Indonesia's Medco to acquire ConocoPhillips' 40% stake in Natuna energy block

Indonesia's Medco to acquire ConocoPhillips' 40% stake in Natuna energy block

Indonesia’s PT Medco Energi Tbk said on Monday it had agreed to acquire ConocoPhillips’ entire 40 percent interest in an oil and gas production sharing block that the U.S. firm operates in the Natuna Sea.

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