Oil & Gas

Sakakemang, South Sumatra

Sakakemang

In 2025, the Company acquired a 45% operating interest in the Sakakemang PSC located in South Sumatra. The Sakakemang PSC holds an approved Plan of Development from the Indonesian Government with production targeted in Q3-2027 and is strategically located adjacent to the Medco-operated Corridor PSC.

Type of Contract

Production Sharing Contract

Areas(Km2)

536

Participating Interest

Medco E&P Sakakemang B.V. - 45%
Petronas Carigali Sakakemang B.V. - 45%
Moeco Sakakemang B.V. - 10%

Operator

MedcoEnergi

Status

Development