PRODUCTION AT THE GALOC oil field finally resumed last Monday, after Galoc Production Co. WLL completed repairs on the Floating Production Storage and Offloading (FPSO) facility.

In a regulatory filing, Australian firm Nido Petroleum Ltd. said the FPSO?s export hose had been replaced, allowing GPC to transfer the Palawan light crude from the FPSO to the tanker that would deliver oil to buyers.

?The planned crude offtake is underway, freeing up storage capacity in the FPSO and enabling normal production to restart,? Nido said.

Nido has a 22.28-percent stake in GPC, the majority owner and operator of the Galoc oil field. GPC holds a 58.29-percent working interest in Service Contract 14C or the Galoc sub block.

In a separate statement, GPC said that ?offloading is ongoing as a routine operation with crude oil being transferred from the FPSO to the off-take tanker.?

GPC will now be able to deliver its latest cargo to its buyers. This particular cargo of about 300,000 barrels of the Palawan light crude, should have been shipped last month to a repeat buyer in Korea, a source had said.

After Cargo No. 9, GPC is preparing to deliver another 300,000 barrels of Palawan light crude, possibly to a buyer from Thailand.

GPC had to temporarily suspend late last month the oil production at the Galoc field because the FPSO was ?at storage capacity and has been unable to off-load due to an issue with the export hose.?

With the delays in the offloading, this meant that the FPSO was then full of oil and could not receive and store more Palawan light crude from the field.