Medco Energi (MEDC) and Bakrie Group’s Energi Mega Persada (ENRG) are two of the largest Indonesian-owned oil and gas companies behind state company Pertamina. Medco, controlled by Panigoro Family, generated US$1.76 billion of revenues in the first nine months of 2025, while ENRG posted US$361.4 million. To subscribe please click here
