Professional Documents
Culture Documents
Medco Company
Medco Company
engaged in the exploitation and drilling of oil and gas first in Indonesia. The company is one of
the business units of the Medco Group that oversees the energy field. Medco Group itself is a
company that has shaded several business units. And the head quarter of medco in The Energy
Building Jl. Jend. Sudirman Lot.11A Jakarta, Indonesia.
The development of MedcoEnergi until now is inseparable from the effort that was first
pioneered by the founder of MedcoEnergi. MedcoEnergi was founded on June 9, 1980 by a
young entrepreneur named Arifin Panigoro. In collaboration with his colleague Hertriono
Kartowisastro (now President Director of PT Apexindo Pratama Duta Tbk.), He started to
engage in oil and gas drilling services. Oil and gas exploration and production began when the
company acquired Tesoro based in East Kalimantan in 1992.