PT Medco Energi Internasional Tbk 2016 AR2
The report highlights PT Medco Energi Internasional Tbk's transformational performance in 2016, marked by the strategic acquisitions of Amman Mineral Nusa Tenggara and South Natuna Sea Block B. The company successfully reduced its operational cash cost per unit by 28% to USD 8.84 per BOE while increasing oil and gas production by 19% to 66.1 MBOEPD. Additionally, the company advanced its power sector through PT Medco Power Indonesia, including geothermal and mini-hydro projects, and maintained its commitment to sustainability, earning its sixth consecutive Gold PROPER award for the Rimau Block.
Company: PT Medco Energi Internasional Tbk
Sector: Energy
Country: Indonesia
Year: 2016
Type: AR2
Pages: 355
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PT Medco Energi Internasional Tbk
Annual Report
The report highlights PT Medco Energi Internasional Tbk's transformational performance in 2016, marked by the strategic acquisitions of Amman Mineral Nusa Tenggara and South Natuna Sea Block B. The company successfully reduced its operational cash cost per unit by 28% to USD 8.84 per BOE while increasing oil and gas production by 19% to 66.1 MBOEPD. Additionally, the company advanced its power sector through PT Medco Power Indonesia, including geothermal and mini-hydro projects, and maintained its commitment to sustainability, earning its sixth consecutive Gold PROPER award for the Rimau Block.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English, Indonesian
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees