JAKARTA (AFX-ASIA) – PT Medco Energi Internasional is seeking about US$74 million in bank loans to finance the construction of two offshore drilling rigs, the Kompas daily reported, citing finance director Sugiharto. The two rigs, which will be operated by Medco’s listed drilling unit PT Apexindo Duta Pratama, are expected to cost a total of…
INDONESIA: Medco Energi seeks US$74 million in bank loans to fund building of 2 rigs
Posted on November 22, 2002 by EnergyAsia