Medco Energi Internasional Provides Business Support to Subsidiaries

Strengthening Subsidiary Operations

PT Medco Energi Internasional Tbk (MEDC), a leading energy company, has recently signed business support agreements with four of its wholly-owned subsidiaries. The agreements were executed on January 2, 2026, as disclosed in the Indonesia Stock Exchange (IDX) information disclosure.

Details of the Agreements

The four subsidiaries receiving support are:

1. PT Mitra Energi Pelayaran (MEP) - US$ 46.752 million
2. PT Satria Raksa Buminusa (SRB) - US$ 49.313 million
3. PT Expan Petrogas Intranusa (EPI) - US$ 41.581 million
4. PT Mitra Energi Gas Sumatera (MEGS) - US$ 7.193 million

The total value of these agreements amounts to approximately US$ 144.84 million, demonstrating significant support for these subsidiaries.

Strategic Implications

This business support initiative underscores MEDC's commitment to strengthening its subsidiaries' operations and potentially enhancing its overall position in the energy sector. By providing financial backing to these entities, MEDC is likely aiming to optimize its business structure and improve operational efficiency across its corporate group.

Impact on MEDC's Operations

The move is expected to have a positive impact on MEDC's consolidated financial performance, as it enables the subsidiaries to expand their operations and contribute more effectively to the group's overall objectives. This strategic support aligns with MEDC's efforts to maintain its competitiveness in the energy industry.