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Tycoon Hilmi Panigoro-Backed Medco Energi To Buy Repsol’s Indonesian Gas Field Stake For $425 Million

Summary by Forbes

Medco Energi’s stake in the Corridor Block, the third-largest gas field in Indonesia, will increase to 70%.

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Forbes

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Tycoon Hilmi Panigoro-Backed Medco Energi To Buy Repsol’s Indonesian Gas Field Stake For $425 Million

Medco Energi’s stake in the Corridor Block, the third-largest gas field in Indonesia, will increase to 70%.

1 month ago·United States

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Nasdaq

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Repsol Sells Indonesia Gas Stake to Medco for $425 Million

1 month ago

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Merca2.es

Repsol Disinvests More than 360 Kilos in Asia at the Last Stop of Its Adjustment

Repsol continues to apply with awareness in its economic transformation plan. The oil company needs to clean up its balance sheets by diversifying its assets and reducing debt, two purposes that are closer to being fulfilled after its last sale in Indonesia. The company led by Josu Jon Imaz has reached an agreement to sell its share of 24% in the Corridor block of the Asian country, where it is not an operator, for 425 million dollars (approxima…

1 month ago

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liputan6.com

Medco Energi Caplok Repsol's Participation Rights in Corridor Block Psc

President Director of Medco Energi Internasional, Hilmi Panigoro said that this acquisition is in line with the Company's strategy to develop quality assets.

1 month ago

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