Arifin Panigoro Cause Of Death: How Did Arifin Panigoro Die? All you need to know about how the death of the significant player in Indonesia’s oil and gas sector.
Arifin Panigoro was a significant player in Indonesia’s oil and gas sector. He founded his Indonesian petroleum and natural gas firm Meta Epsi Pribumi Drilling Company (Medco) in the year 1980, during the country’s second boom in oil.
At the time he established Medco, the majority of participants in the energy sector in Indonesia were multinationals with contracts for production with the state energy company Pertamina.
The company went to the public market in 1994 and changed its company’s name in 1994 as Medco Energy Internasional. In 1998, Panigoro quit Medco’s leadership, however, he remained an advisor to pursue on his political career. His brother Hilmi assumed the management of operation.
He was born on March 14, 1945, in Bandung, Indonesia.
Arifin Panigoro Cause Of Death: How Did Arifin Panigoro Die?
He died on Sunday, February 27, 2022, at age 76, while receiving medical care at the Mayo Clinic in Rochester, Minnesota, in the United States.
Panigoro was ranked as No. 47 among Indonesia’s 50 richest in 2020, having the wealth of over $550 million, before dropping out of the rankings after a year.