Indonesia’s Medco closes acquisition deal with ConocoPhillips

Indonesia’s Medco closes acquisition deal with ConocoPhillips

Indonesian oil and gas producer Medco Energi International has completed the acquisition of ConocoPhillips’ entire 40 per cent interest in a sharing block in the South Natuna Sea. The company plans to start producing oil and gas in the block soon, it said in a statement recently.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter