1945 - 2022

Dr. HC. Ir. H. Arifin Panigoro bin Yusuf Panigoro

Medco Group Founder

It is with heavy heart that we announce the passing of our Company's Founder. He was a prominent and visionary figure of inspiration to us and to the Company. Not only he was passionate in what he did, he was also a dedicated man of honor to the nation and the country. May his legacy always live in the Company's soul and activities.

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Login | Wednesday, 27 September 2023 |

Media Release


MedcoEnergi Announces 2018 First Half Results

PT MedcoEnergi Internasional Tbk announces its financial results for the first half ending 30 June 2018.


FITCH Upgrades MedcoEnergi's Rating Outlook

The rating outlook was revised due to the expectations of an improvement in MedcoEnergi's financial profile, driven by strong oil and gas prices.


MedcoEnergi Results of Bondholder's Meeting

PT Medco Energi Internasional Tbk held Bondholder Meetings on Monday 16th and Tuesday 17th July 2018.


MedcoEnergi Results of Annual and Extraordinary General Meeting of Shareholders

MedcoEnergi held its Shareholder Annual and Extraordinary General Meeting (AGMS and EGMS) on Monday 14 May 2018.


MedcoEnergi Announces Commercial Operation of Sarulla Geothermal’s Third Unit

MedcoEnergi announced today the commercial operation of the third and final unit in the phase one development of the Sarulla Geothermal Power Project. >


MedcoEnergi Announces 1Q 2018 Results

PT MedcoEnergi Internasional Tbk announces its financial results for the quarter ending 31 March 2018.


MedcoEnergi Announces its Audited 2017 Results

MedcoEnergi announced a net profit of US$127.1 million and a 31.5% year-on-year increase in oil and gas production volumes for the year ended 31 December >


Medco Daya Abadi Lestari Consolidates Ownership in MedcoEnergi

PT Medco Daya Abadi Lestari has consolidated the Panigoro family shareholding in MedcoEnergi and now holds over 50% equity interest in MedcoEnergi


MedcoEnergi Wins “Upstream Company of the Year”

MedcoEnergi has received the “Upstream Company of the Year” award for 2017, at the recently concluded ceremony by the APAC Energy Council, January >


MedcoEnergi Issues US$ 500 Million 7NC4 Bond

MedcoEnergi announced its successful issuance of 7NC4 bond for US$ 500 million, with seven year tenor and final coupon of 6.75%.


MedcoEnergi Announces its Audited 9M 2017 Results

MedcoEnergi announces net profit of US$164.3 million and a 38.3% increase oil and gas production volumes for the period ending 30 September 2017.


MedcoEnergi Successfully Closed Trading Period of Fully Underwritten Rights Issue

The target proceeds of IDR 2,640 billion (~US $195million) were oversubscribed by ~45%.