google.com, pub-9591068673925608, DIRECT, f08c47fec0942fa0 Medco Tuntaskan Akuisisi Conoco Phillips - MEDIA MONITORING OIL AND GAS -->

Saturday, November 19, 2016

Medco Tuntaskan Akuisisi Conoco Phillips


    PT Medco Energi Internasional Tbk telah menyelesaikan akuisisi Conoco Phillips Indonesia Inc Ltd (CHL) dan Conoco Phillips Singapore Operations Pte Ltd (CSOP). Keduanya merupakan anak perusahaan dari Conoco Phillips (COP). CIIL adalah operator dari PSC South Natuna Sea Block B PSC (SN SB) dengan hak partisipasi sebesar 40% dan juga merupakan operator dari West Natuna Transportation System (WNTS). CSOP mengoperasikan onshore receiving facility (ORF) di Singapura.

    Infrastruktur WNTS beserta jaringan pipa gas Malaysia akan terus memegang peran penting dalam mengkomersialisasikan temuan-temuan minyak dan gas yang ada, serta aktivitas eksplorasi yang sedang berlangsung di kawasan Natuna. Prioritas utama kami ialah untuk mempertahankan keamanan operasi dan keberlangsungan usaha. Kami berkomitmen mempertahankan organisasi yang ada dan melanjutkan rencana program pengeboran pada 2017,kata CEO Medco Energi Roberto Lorato

IN ENGLISH

Medco to Complete Acquisition of Conoco Phillips


    PT Medco Energi Internasional Tbk has completed the acquisition of ConocoPhillips Indonesia Inc. Ltd. (CHL) and Conoco Phillips Singapore Operations Pte Ltd (CSop). Both are subsidiaries of Conoco Phillips (COP). CIIL is the operator of the PSC South Natuna Sea Block B PSC (SN SB) with a 40% participation interest and is the operator of West Natuna Transportation System (Wnts). CSop operate onshore receiving facility (ORF) in Singapore.

    Wnts infrastructure along the gas pipelines Malaysia will continue to play an important role in commercializing discoveries of oil and gas reserves, as well as ongoing exploration activities in the area of Natuna. Our main priority is to maintain the security of operations and business continuity. We are committed to maintaining the existing organization and plans to continue drilling program in 2017, says CEO of Medco Energi Roberto Lorato

Media Indonesia, Page-13, Saturday, Nov,19-2016

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