Search results for: medco

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  • 30 January 2019

    Medco and Ophir Energy have agreed to proceed with a proposed deal under which Medco will buy Ophir for 55 pence a share in cash. The acquisition values Ophir at £390.6M (around $511M).

  • 14 March 2011
    Business & Finance

      Reaffirming Middle East Dredging Company (Medco) commitment to world-class quality and excellence, Medco proudly announces being awarded OHSAS 18001 and ISO 140001 and 9001 certifications approved by the acclaimed Lloyds Register Quality Assurance Ltd, UK. Medco in addition to its core business of dredging & reclamation, was lauded for the quality of their projects […]

  • 21 March 2019

    London-listed oil company Ophir Energy has accepted Indonesia Medco Energy’s increased takeover bid. Ophir was also recently approached by Coro Energy over a potential takeover.

  • 11 January 2019

    Indonesia’s Medco Energi has set a price for a potential offer for the takeover of London-listed oil company Ophir Energy – 48.5 pence a share in cash.

  • 3 January 2019
    Business & Finance

    Following this week’s announcement by Ophir Energy that the company is in talks with Medco Energi over a potential sale to the Indonesian firm, energy intelligence group Wood Mackenzie has described Medco’s swoop for Ophir as a bold one.

  • 14 March 2011

    Qatar: Medco Announces OHSAS 18001 and ISO 140001 and 9001 CertificationPosted on Mar 14th, 2011 with tags 140001, 18001, 9001, Announces, Certification, ISO, MEDCO, News, OHSAS, Qatar. Reaffirming Middle East Dredging Company (Medco) commitment to world-class quality and excellence, Medco proudly announces being awarded OHSAS 18001 and ISO 140001 and 9001 certifications approved by the […]

  • 2 March 2015
    Business & Finance, Equipment, Technology

    Last Thursday, 26 February 2015, the Deputy Emir of Qatar His Highness Sheikh Abdullah bin Hamad Al Thani officially started the controlled flooding operations for the new Hamad Port Project in the presence of His Highness Abdullah bin Nasser bin Khalifa Al Thani, the Prime Minister and His Excellency Jassim Saif Al Sulaiti, the Minister […]

  • 28 January 2019

    Indonesia’s Medco Global has been given more time to decide whether it will proceed with the proposed takeover of Ophir Energy, or not. “At the request of Ophir, the Takeover Panel has consented to an extension of the deadline for Medco Global to either announce a firm intention to make an offer for Ophir or […]

  • 14 January 2019
    Business & Finance

    Ophir Energy has rejected Medco’s potential offer of 48.5 pence a share that the Indonesian company announced on Friday.

  • 28 July 2011
    Business & Finance

    Middle East Dredging Company Q.S.C. announced the successful takeover of the Al Jarraf, a new heavy duty suction dredger in Singapore Shipyard on the 20th July 2011. The new vessel will provide MEDCO with a powerful, competitive tool for future projects across the Gulf and beyond. The Al Jarraf vessel, has been successfully tested, commissioned […]

  • 10 January 2011

    The Indonesian Commission for the Supervision of Business Competition on 5 January 2011 handed down its decision that PT. Pertamina, Medco Energi Internasional Tbk, Medco E&P Tomori Sulawesi and Mitsubishi Corporation violated Articles 22 and 23 of Law No. 5, concerning “The Ban on Monopolistic and Unfair Business Competition”. The violations relate to the proposed […]

  • 27 October 2010

    The new heavy-duty cutter suction dredger (CSD) ‘Al Jarraf’, which means ‘The Dredging Vessel” in Arabic language, was launched today at ASL Shipyard in Singapore. The owner, Q.S.C. (Middle East Dredging Company, formerly known as Qatar Dredging Company (QDC)Qatar Dredging Company (QDC), will register the Vessel in Qatar, where a formal name-giving ceremony is scheduled […]

  • 10 February 2011
    Project & Tenders

      Hogan Lovells is advising PT Medco Energi Internasional Tbk. and its related entities on all aspects of the landmark US$2.8 billion Donggi-Senoro LNG project in Central Sulawesi, Indonesia, which has now been sanctioned by the sponsors. The Donggi-Senoro LNG Project is: * the first LNG project in Indonesia to be structured as a downstream […]

  • 21 March 2019

    London-based Ophir Energy on Wednesday said that Medco Energi Global has decided to increase the recommended all cash offer to acquire Ophir. 

  • 30 January 2019

    London-based Ophir Energy on Wednesday said that following negotiations with Medco, the companies have reached an agreement on the terms of the potential takeover bid. 

  • 23 April 2012
    Business & Finance

    Qatar Islamic Bank (QIB), one of the largest Islamic banks in Qatar and one of the top-five Shari’a-compliant banks in the world, has announced the signing of a deal with the Middle East Dredging Company (Medco) to finance the company’s requirements to undertake access channel dredging work at the New Port Project. Earlier this month, […]

  • 8 March 2011

      CBM Asia Development Corp. announced that its operating partner MedcoEnergi reported it is mobilizing a workover rig to the CBM-SE-02 well at the Sekayu coalbed methane exploration project in South Sumatra, Indonesia. Medco plans to install a downhole pump and zone isolation packer to dewater the Palembang B & C and Pangadang A coal […]

  • 23 April 2012

    Qatar Islamic Bank (QIB), one of the largest Islamic banks in Qatar and one of the top-five Shari’a-compliant banks in the world, has announced the signing of a deal with the Middle East Dredging Company (Medco) to finance the company’s requirements to undertake access channel dredging work at the New Port Project. Earlier this month, […]

  • 2 January 2019

    Ophir Energy is in talks to sell the company to Indonesia’s Medco, a Southeast Asian energy and natural resources company listed on the Jakarta Stock Exchange. 

  • 3 January 2019

    London-based Ophir Energy said it has entered talks with Medco regarding the latter’s potential purchase of Ophir’s issued and to be issued share capital. 

  • 28 July 2011
    Vessels

    Middle East Dredging Company Q.S.C.  announced the successful takeover of the Al Jarraf, a new heavy duty suction dredger in Singapore Shipyard on the 20th July 2011. The new vessel will provide MEDCO with a powerful, competitive tool for future projects across the Gulf and beyond. The Al Jarraf vessel, has been successfully tested, commissioned […]

  • 9 May 2019
    Business & Finance

    The impending acquisition of Ophir Energy by Indonesia’s Medco is expected to close on May 17, as relevant approvals have been received in Tanzania. As previously reported, the two companies had on January 30 struck a deal on the terms of the proposed acquisition under which Medco was to buy Ophir for 55 pence a […]