Recent Companies in Indonesia
Kodeco Energy Co., Ltd. is the operator of the West madura Production Sharing Contract (PSC) in Indonesia
and is engaged in oil and natural gas exploration and exploitation. Established in May 7, 1981, Kodeco began
its first activity in 1984 and was successful in introducing gas production to East Java with the completion of
the Gas Pipeline Project in 1993.
Korea Development Co., Ltd., a sister company of Kodeco Energy, is the operator of the Poleng Technical
Assistance Agreement (TAC) established in 1993. It is located next to the PSC contract area.
Korea Development Co., Ltd., a sister company of Kodeco Energy, is the operator of the Poleng Technical Assistance Agreement (TAC) established in 1993. It is located next to the PSC contract area.
The PSC and TAC share production facilities and current oil production of 14.000 bopd and gas production of 92 mmscfd are maintained through offshore facilities located Northwest of Madura Island and are supported by an onshore base and gas receiving facilities located in Gresik, East Java.
New developments, including KE-40, KE-30, KE-32, KE-38, KE-39, KE-54, and Poleng Fields, and facilities will contribute substantial increases to the Company’s current oil and gas production capacities. With the dedication of 250 skilled and experienced employees and the support of cutting-edge technology and expertise in drilling and exploration, Kodeco has grown to be a major gas producer in East Java.
Kodeco’s commitment to health, safety, and environment is fundamental to successful execution of contracts. We will continue to increase the quality of life for local communities surrounding our facilities through constructive community development programs and by maintaining a harmonious relationship with the government.
Kodeco Energy Co., Ltd
Indonesia Stock Exchange Building - Tower 1
Jl. Jend. Sudirman Kav.52
Jakarta 12190, Indonesia
Fax : +62-21-5151175
Jl. Amak Khasim
Fax : +62-31-3987953