Company Profile:
MEDCO E&P NATUNA LTD is neither a traditional factory nor a trader. It is an exploration and production (E&P) company, meaning it is a producer of raw materials (oil and natural gas). Its core business involves extracting natural resources from the earth and performing initial processing to make them marketable. While it engages in industrial production, it is not a manufacturing factory that transforms raw materials into finished goods. It is also not a trader, as its primary role is to produce these resources, not solely to buy and sell them.
Company Profile:
MEDCO E&P NATUNA LTD is a key subsidiary of Medco Energi Internasional Tbk, a prominent Indonesian energy company. The company specializes in the upstream sector of the oil and gas industry, focusing on the exploration, development, and production of hydrocarbon reserves. Its operations are primarily concentrated in the Natuna Sea region of Indonesia, which is rich in oil and natural gas resources.
The company's activities encompass the entire lifecycle of oil and gas production, including geological and geophysical studies to identify potential reservoirs, drilling exploration and development wells, extracting crude oil and natural gas, and processing these raw materials to meet market specifications. MEDCO E&P NATUNA LTD plays a vital role in contributing to Indonesia's energy security and economic development by responsibly managing its concessions and optimizing production. The company is committed to upholding high standards of operational safety, environmental stewardship, and social responsibility in all its endeavors.