March 29, 2012

Medco, partners to acquire two ExxonMobil’s gas blocks

The Jakarta Post | March 30, 2012

 PT Medco Energi Internasional says it will join forces with two other firms to buy two oil and gas blocks operated by US-based ExxonMobil.

Medco, state gas distributor PT PGN and state fertilizer maker PT Pupuk Sriwijaya (Pusri) have submitted a formal bid for ExxonMobil’s Block B and the North Sumatra Offshore (NSO) block, Medco president director Lukman Mahfoedz said in a message on Thursday.


URL: http://www.thejakartapost.com/news/2012/03/30/medco-partners-acquire-two-exxonmobil-s-gas-blocks.html

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