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Hilmi Panigoro, President Director of MedcoEnergi, remarked that, "This transaction is immediately accretive for MedcoEnergi given NNT's world scale operation.
The sophisticated structure that the three state-owned banks applied in this transaction is expected to bring more similar and equally important transaction in the future," said Hilmi Panigoro
Hilmi Panigoro, President Director of MedcoEnergi stated that "Despite the continuing difficult price environment, our 1Q 2016 performance is on track to meet our 2016 operational and financial targets.
Production in 1Q 2016 has been strong and our cost efficiency efforts are becoming evident in our results."
Hilmi Panigoro, President Director of MedcoEnergi, stated, "2015 was a difficult year for the industry in general, but the Company has emerged strongly and delivered 2015 EBITDA of US$217 million despite the low price environment.
President Director : Hilmi Panigoro
Hilmi Panigoro, ...
Hilmi Panigoro, MedcoEnergi President Commissioner, on the same occasion said, "We are proud that KOGAS, the largest LNG players in Asia, has selected MedcoEnergi to become partners in the development of gas in Indonesia, either natural gas or CBM This signing shows KOGAS' confidence towards MedcoEnergi and demonstrates that the Company always remains as "the Energy Company of Choice" for its partners."
Hilmi Panigoro, head of Medco, said Indonesiaâ€™s business-unfriendly labour legislation was â€œthe main stumbling blockâ€ for potential foreign investors.
LNG CO2 Salof Kryopak turnkey engineers contractor gas processing acid recovery
"Aceh province geologically is a good place for the gas and oil industry," Medco's Chief Executive Officer Hilmi Panigoro told Dow Jones Newswires recently.
"Medco had observed that the peace deal would take place, so we are interested in bidding for a 50% stake owned by Exxon in Mobil's Block A field," Panigoro said.
Hilmi Panigoro of Medco ...
Hilmi Panigoro of Medco Energi said the government did not have a clear regulatory framework for investors.