PT Medco Energi Internasional Tbk (PTGIF) Financiero

PT Medco Energi Internasional Tbk engages in the exploration and production of oil and natural gas and other energy activities. The company is headquartered in Jakarta Selatan, Dki Jakarta and currently employs 3,338 full-time employees. The firm is focused on three key business sectors: Oil & Gas, Clean Power and Copper & Gold Mining. The firm produces oil and gas primarily in Indonesia as well as in Oman, Thailand and Yemen. The firm owns and operates gas, solar photovoltaic (PV), geothermal and mini-hydro power plants in Indonesia through Medco Power Indonesia. The firm also owns a non-consolidated interest in PT Amman Mineral Internasional Tbk (AMMN), an Indonesian copper & gold mining company. AMMN, through PT Amman Mineral Nusa Tenggara, leverages its expertise to manage a vast 25,000-hectare mining concession in Sumbawa, Nusa Tenggara. The firm has interests in domestic petroleum joint operations or service contracts/participation and economic sharing agreements in areas, including PSC South Sumatera, PSC Rimau, Corridor PSC, JOB Senoro-Toili, PSC Sampang and PSC Lematang.