# Eni signs deals to sell stakes in select Indonesian assets to Medco, Pertamina

> **Open Intelligence Dossier** · First detected: 2026-10-12 14:40 UTC · Category: Business

## Executive Summary
Eni sells minority stakes in key Indonesian gas blocks to Medco Energi and Pertamina, reshaping the upstream partnership landscape.

## Intelligence Brief
The transactions involve a 10 percent interest in four oil and gas blocks and participation rights in East Kalimantan gas projects, as well as a 10 percent interest in Production Sharing Contracts covering the Kutei Basin. The buyers are domestic firms Medco Energi and state‑owned Pertamina. Coverage of the deals appears across a range of outlets. Reuters leads with a concise report that Eni is selling stakes to Medco and Pertamina.


Yahoo Finance and Investing.com echo the 10 percent acquisition by Medco Energi of four Eni blocks. Indonesia Business Post and The Jakarta Post focus on the joint acquisition by Pertamina and Medco of East Kalimantan gas assets. marketscreener.com details the transfer of the Kutei Basin contracts, while Agenzia Nova notes the signing of two separate agreements. The transactions occur against a backdrop of growing domestic participation in Indonesia’s hydrocarbon sector. East Kalimantan and the Kutei Basin are key gas‑rich regions that have attracted multinational investment for years.


Eni’s decision to divest minority interests aligns with a broader trend of foreign operators partnering with national companies such as Pertamina and private players like Medco Energi to share risk and secure local backing. Future reporting will likely track the regulatory approvals required for the stake transfers, any operational changes at the affected blocks, and whether Eni pursues additional asset sales in the region. Observers will also watch how Pertamina and Medco integrate the new participation rights into their production plans and whether the partnerships influence future upstream contracts in Indonesia.

## Multi-Source Evidence Table
| Source Outlet | Headline | Verification URL |
|---|---|---|
| Yahoo Finance | Medco Energi Agrees to Acquire 10% Interest in Four Eni Oil and Gas Blocks in Indonesia | [Source Link](https://news.google.com/rss/articles/CBMikAFBVV95cUxOd1dVT1hpSW9BdV9lU0VXT25fS0NPaGhLMFBmY0dwUGlxbmRXaUN2eTBMeVpZeG1NUFRBeTlXVkdrN1N6WUs0dmNHWGxlSVVNS3lOMXphT2RqYkVZS1lwSkZpdEU3Z1lFZVNGREVlN1h3OS1BNWNnQW9HbHh5QWdYcVVWYWREWFIyZkdNNTZPOGQ?oc=5) |
| Indonesia Business Post | Pertamina, MedcoEnergi acquire stakes in Eni’s East Kalimantan gas assets | [Source Link](https://news.google.com/rss/articles/CBMizAFBVV95cUxPT0RnempVMDczeTFQbm1KZWtoeDUtNWlDTjNNS0gzS1N0azZJMGVndklrbkJ1QVNoYVRTemxUdWhibWN1RWRoVWY1cmxRbFdvekZ4bTVfZXFLMnBETW1laXlOQ0JkQnJaUGtXQXBTcFBiNUlRT3Zqaks4NmZWNGxsMllrZGRaWTJkRTF0R2xUMXhrZGNXc3haWFQ0MncySHRtSDZyNHp6OHVGRWYzZW5sZlhzaU1XSThIaC1ORW9nY1Y0eUtOdkJoR3pKNi0?oc=5) |
| marketscreener.com | Eni to Transfer 10% Interest in Gas Production Sharing Contracts in Indonesia's Kutei Basin | [Source Link](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQMkh4WUJMa2lzVG01NEJ2RTdYQWhsMVU0WUcwVkkyeUxuTW1zR3g5QWEtUFpSYWRlTG5LeXduWmZyYzh2Rk90c3hURmgta2xxa1NtSUlhc3dQM1BLeGpOTzc3bzIzdHUxcWM5S1FjaU5YWmlwejFLaW8xYkZnWXF2OWpBVTYzOVZrZ2FmeW82TnlXN1RBd2VXZEY0cU9RTjdGVy1wNU9OcG5WT0R4LVhuUl9fQWZoazQyZWRwT2lnS3p6Mlp3c2hMdVd2azA4c1ZJX2VqRmxpZ1NBRVE?oc=5) |
| Agenzia Nova | Eni signs two agreements for the sale of stakes in selected upstream assets in Indonesia. | [Source Link](https://news.google.com/rss/articles/CBMiywFBVV95cUxQSFo1VWp1R29mZmp2MTV5VXAxSWw4NWhfNVlBdlZUcWpKZS1vN0IyNkRGZktMRTFZOTR3LXZqVHZ2YllIYmV0OG5zU0x6c3NsRmh3bG5kaUdCS25SSThKYV9jNmxCRjd5dmNjc0Exa2dyRmxVaGM5aWF4cDI1RmhyMjRmc09tYkMzTnN6VmxoUmRPNlVIek0yNmFqUWt3NW1sUVdRV0Z5OGpLWnZmcDBqbEotV1dhMWd3TzRJSWNjMzZWU2lXSG9uT25pWQ?oc=5) |
| Investing.com | Medco Energi acquires 10% stake in four Eni Indonesia blocks | [Source Link](https://news.google.com/rss/articles/CBMivgFBVV95cUxOdVRES0Q5MnhTMWFFa3JobFlfZC03a01KdU5BYzBrMkVKR1Rmc0RGcnpRTU5udEozWUZ1TjdiMmxONEpVUGhwVGpYb0oydEgydU9obkJkak9EcTRlNU5sdUg2ZFFfSTFfaFM2ZHVXdmhrVFRNdUtlb1dmZ1FMaGNnYUtEUXNGd0o1MGdWZWhnNkdsbG5teU5SZ3FkUUkyVUpTbmxUSVFCVnVtTEhpdDVEdzIxVHY3aTAtNmpXVTRn?oc=5) |
| The Jakarta Post | Pertamina, Medco acquire participation rights in ENI’s oil and gas projects | [Source Link](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNLUszVk9XblRnakpSRFQ5MzI2UXdjcFJfRXdXM3NMNUVkQ0Ruci0xNXRHYjlGOTNlRkN5YTdaUFJWbkFiaEdwZjNtMnpsYnVRWnRPaC04eXFGYUQtazkxdmpLR3BzZ2hGUnlSSFpWN0FsWVgxMDIxU0VTSkZjZlpFb3FqaGxuZ3dyem4xRE5rNXVuS2RUVEFTd3BWUXc0cHlSbjhmcVNJdWg0SWdjQmlnSmlaWjhNREdFRXlvNFdyQ1ViUQ?oc=5) |
| Reuters | Eni signs deals to sell stakes in select Indonesian assets to Medco, Pertamina | [Source Link](https://news.google.com/rss/articles/CBMisgFBVV95cUxNNjVzZmZkeWJnV282SjhFYWdtdWM5QkZyQmZTMXViT1UweEFSVWR2eGdRUXNRMWIza2Nhekd5enZIS3hOWllUNnRtTlNDMXp0TUUtWEFFUUNrRWJseVh1YlVRV0F5aDZ4NE54akpFU1N5ZDhpNVh0cHlwRG1NTWRBTGVkTUlpSGhXa3BQY1UwbDRWQVZUaU9VYkxqZE8xbFMzQXRsWjRGWDdVRVB1SC00ZFZB?oc=5) |

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*Canonical Source: https://pulse.byoviral.com/trend/2026-10-12/eni-signs-deals-to-sell-stakes-in-select-indonesian-assets-to-medco-pertamina*