PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to its 2019 baseline.
FPSO Marlin Natuna; Source: Medco Energi
MedcoEnergi has exceeded its decarbonization target ahead of schedule, surpassing its 2025 target of 1.08 million tons CO2e, or 20% of total emissions in the base year, as part of its long-term plan to achieve net zero Scope 1 and 2 GHG emissions by 2050 and Scope 3 by 2060.
Ronald Gunawan, Director & Chief Operating Officer of MedcoEnergi, highlighted: โEmission reduction is part of our efforts to enhance overall operational efficiency. MedcoEnergi continues to carry out various emission reduction initiatives in parallel with our day-to-day field operations.โ
The Indonesian player has undertaken various initiatives to enable this decarbonization achievement, including efficiency and emission reduction programs across its operational areas in Indonesia and international assets.
MedcoEnergi implemented 43 initiatives across its assets in 2024, with estimated peak annual GHG emission reductions reaching 181,727 tons CO2e, with the largest contribution from flare avoidance activities in the Corridor Block, amounting to 53,713 tons CO2e.
According to the firm, these emission reductions were achieved through production process optimization to improve gas fuel efficiency and reduce methane emissions, with solar PV panels installed to support energy needs on several offshore platforms in the South Natuna Sea Block B and Sampang Block. Recently, two oil and gas fields were put into production mode off the coast of Indonesia.
While solar PV panels were deployed in onshore asset operations in Indonesia, the conversion from diesel generators to grid-based power supply was implemented in Oman, the Grati Facilities (East Java), and the Rawa Gas Plant (South Sumatra), alongside biodiesel, which was used for supply vessels in Thailand.
โEmission reduction efforts are conducted in compliance with applicable technical and environmental standards. These initiatives will continue and expand in line with the companyโs transformation towards more efficient and lower-carbon operations,โ concluded Gunawan.
๐๐๐ค๐ ๐ญ๐ก๐ ๐ฌ๐ฉ๐จ๐ญ๐ฅ๐ข๐ ๐ก๐ญ ๐๐ง๐ ๐๐ง๐๐ก๐จ๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐๐ซ๐๐ง๐ ๐ข๐ง ๐ญ๐ก๐ ๐ก๐๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐จ๐๐๐ฌ๐ก๐จ๐ซ๐ ๐ฐ๐จ๐ซ๐ฅ๐!
๐๐จ๐ข๐ง ๐ฎ๐ฌ ๐๐จ๐ซ ๐๐ข๐ ๐ ๐๐ซ ๐ข๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐ ๐๐ฆ๐ฉ๐ฅ๐ข๐๐ฒ ๐ฒ๐จ๐ฎ๐ซ ๐ฉ๐ซ๐๐ฌ๐๐ง๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐ก๐๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐จ๐๐๐ฌ๐ก๐จ๐ซ๐ ๐๐ง๐๐ซ๐ ๐ฒ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐ญ๐ฒ!