Multinational firms seen bidding for oil, gas areas
By Amy R. RemoFrench multinational Total, Eni S.p.A. of Italy, US firm CalEnergy, GDF Suez of France, Shell Philippines Exploration BV (SPEX), NorAsian Energy Ltd., Australian firm Nido Petroleum Corp. and Malaysia’s Mitra Energy Ltd. are just some of the firms expected to take part in the bidding to explore and develop the country’s oil and gas resources under the Philippine Energy Contracting Round (PECR) 4.
