Indonesia's Medco Energi to take 10% stake in Eni oil and gas blocks
12/10/2026 02:22
Indonesia's Medco Energi to take 10% stake in Eni oil and gas blocks JAKARTA, Oct 12 (Reuters) - Indonesian energy company PT Medco Energi Internasional MEDC.JK has reached an agreement with Italian explorer Eni ENI.MI to take a 10% participating interest in four oil and gas blocks in the Kutai Basin, Medco said on Monday.
(Reporting by Bernadette Christina and Ananda Teresia; Editing by Tom Hogue)
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