Tag Archives | Medco

Medco Tender for 750HP Drilling Rig

Medco International Ventures Limited (MIVL) intends to issue a Call for Tender for the supply of 750HP Workover Rig for Drilling Locations as described below: Location: Area 47 (pictured) is located in Ghadames Basin, Libya, block 47, 300 km southwest of Tripoli. Project main objectives: Medco International Ventures Limited (MIVL), Operator for Area 47 in […]

Indonesia’s Medco Resumes Libyan Oil Exploration

Indonesia’s Medco Energi Internasional has announced that it will continue with plans to explore an oil field in Libya, and is preparing to establish a joint venture next month for that purpose. The “president director” Lukman Mahfoedz (pictured) said the company, through its subsidiary Medco International Venture Limited, would own 25 percent of the stake […]