Medco Controls Block A Gas Field

The Aceh peoples hope for the revival of the fertilizer plants in Aceh now bears fruit. PT Medco Energi Internasional TBK (Medco Energi) Tuesday last week took over 50 percent of the ownership of the Block A gas field in East Aceh. Earlier, the shares of the natural gas exploration were under the control of multinational oil company Conoco Phillips. This means that Medco and Premier Oil, the company it partners to take control of Block A, will co

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