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We, MCX, are a company who have experts for E&P business of exploration, development and production phases.
We are involved in E&P projects over the globe including West Africa as core area, Asia, US Gulf of Mexico, UK North Sea and Venezuela, etc.
Furthermore, with regard to the Liquefied Natural Gas (LNG) business, one of MC’s core businesses, we are contributing for upstream business in offshore Australia, Malaysia, Indonesia and Sakhalin, etc. as well as LNG new venture. We will strengthen our participation for LNG business such as dispatching of technical and accounting people under close cooperation with MC.
Through MC’s subsidiary, MPDC Gabon Co., Ltd, we, MCX are involved in the exploration, development and production of oil in four (4) offshore blocks in Gabonese Republic. In the Baudroie Merou and the Loche East Block, development and production of oil is underway. In addition to the above, MPDC NGUMA LTD.(SPC established by and between MPDC Gabon Co., Ltd. and JOGMEC) is engaged in exploration as the Operator in the Nguma block.
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Through MC’s business investments, Angola Japan Oil Co., Ltd. and AJOCO’91 Exploration Co., Ltd., we, MCX are involved in the development and production of oil in the Block 3, offshore in Republic of Angola. |
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Through MC’s subsidiary, MCX Exploration (USA) Ltd., we, MCX are engaged in E&P projects in the USA. Currently, it holds interests in five (5) blocks of K2 Unit in the US Gulf of Mexico, and those blocks are producing oil and gas. Development works for the production enhancement are underway. |
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Through MC’s subsidiary, MCX Exploration (UK) Ltd., we, MCX are involved in the exploration, development and production of oil and gas in the UK North Sea. Currently, it holds interests in the Dunlin Cluster fields. Additional development works are underway. |
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Currently, in cooperation with Japan Petroleum Exploration Co., Ltd. (JAPEX), MC is effective a joint operator of the Kangean PSC, located in the offshore East Java, Indonesia and engaged in the exploration, development and production of oil and gas in the block. Several oil and gas developments are expected to proceed for future production increases. MC also indirectly holds 19.97% share of Indonesia’s PT Medco Energi Internasional Tbk, whereby both companies will look to expand and reinforce the business relationship with a view to enhancing their respective presence in the jurisdictions in which they operate such as the up-and downstream oil and gas industry. Through MC’s subsidiary, PT MCX Asia, we, MCX are involved in carrying out and promoting E&P projects in South East Asia. |
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