Medco Energi to take 10% stake in four Eni blocks in Indonesia

Medco Energi is set to take a 10% stake in four oil and gas blocks in Indonesia.

The blocks are associated with Eni.

The deal would give Medco a share in each of the four blocks.

The announced stake is 10%.

The blocks involve oil and gas exploration or production, though no further details are provided.

The announcement concerns energy assets in Indonesia.

No timing or next steps are stated.