For Four Consecutive Years, MedcoEnergi Achieves Proper Gold
Media Release
For Four Consecutive Years, MedcoEnergi Achieves Proper Gold
2014 is a year full of achievement and pride for environmental management in Medco E&P Indonesia operation areas. Today, PT Medco Energi Internasional Tbk, through its subsidiary PT Medco E&P Indonesia has received the PROPER Gold (Company Performance Rating Program), the highest achievement given by the Ministry of Environment and Forestry for environmental and social management, especially in Rimau Block operation area. This is the fourth consecutive year Medco E&P has received the PROPER Gold, the first and only oil and gas company in Indonesia thathas received the award and the only one among various industries that implements a responsible and sustainable environmental management beyond compliance.
MedcoEnergi proudly announces that three other operating blocks have also won the PROPER Green, one rank below the Gold rank in this year, i.e. South Sumatra Block for the fifth consecutive year, Lematang Block for the second consecutive year and Kampar Block for the fifth consecutive year.
The PROPER Award was presented by the Vice President of the Republic of Indonesia, Jusuf Kalla, at the Environment and Forestry Awards Night in Jakarta, 2 December 2014. This rating is awarded through a series of assessment and several field trips. All stages of the assessment were carried out by the Ministry of Environment and Forestry team, Regional Environmental Agency as well as university representatives.
"This achievement is a true recognition of the Company’s commitment , which engages in business activities to the highest ethical and environmental standards at all times. The programs we run are a concrete manifestation of our considerable concern and efforts towards environmental sustainability and empowerment of local communities. Among others, greening the operation area, domestic waste treatment management, organic paddy fields, organic plant, and the empowerment of women through medicinal plant gardens," said Frila B. Yaman, Director & COO MedcoEnergi/President Director of Medco E&P.
Lukman Mahfoedz, President Director & CEO MedcoEnergi said, "This achievement confirms that MedcoEnergi, as a national private oil and gas company (PMSN), is leading the oil and gas industry, particularly in environment and social areas. . With this success, and supported by our proved long track expertise and experience in managing oil and gas fields, the Company expects that the Government would provide more opportunity to MedcoEnergi to operate the upcoming expiring exploration and production blocks in Indonesia ".