Quantcast
Home » oil drilling You are browsing entries tagged with “oil drilling”

PNOC confident to strike oil off Palawan

By
CONTRIBUTED IMAGE/ http://www.pnoc-ec.com.ph

A consortium led by the state-run Philippine National Oil Company-Exploration Corp. (PNOC-EC) has embarked on a $22-million energy exploration project off the western coast of Palawan, which is “estimated to contain oil-in-place volumes of [up] to 676 million barrels, and an upside potential of 977 million barrels.”

Posted: June 8th, 2014 in Latest Business Stories | Read More »

Otto Energy strikes oil off Palawan

By

The country’s only producing oil project, the Galoc field off northwest Palawan, seems set for phase II production later this year as operator Otto Energy reportedly struck oil while drilling one of two new wells at the site.

Posted: July 18th, 2013 in Editor's Pick,Headlines | Read More »

PNOC unit, Aussie firm allot P1B for oil drilling

By

Australian firm Nido Petroleum Ltd. and PNOC Exploration Corp. are investing $25 million or (roughly P1 billion) to tap as much as 977 million barrels of gross, “unrisked” oil-in-place within the Baragatan prospect off northwest Palawan.

Posted: May 7th, 2013 in Editor's Pick,Headlines | Read More »

Oil drilling group gets 2-year extension

By
Forum Energy Plc has secured a two-year extension for its work program under Service Contract 72, Philex Petrolem Corp., a major shareholder, said on Monday, Jan. 28, 2013.

Forum Energy Plc, which is exploring for oil and gas within the highly contested Recto Bank off the West Philippine Sea, has secured a two-year extension for its work program under Service Contract 72.

Posted: January 28th, 2013 in Editor's Pick,Headlines | Read More »

Trans-Asia, PetroEnergy pursue Leyte oil project

By

THE CONSORTIUM operating Service Contract 51 in San Isidro, Leyte plans to invest roughly $6.7 million (or approximately P274 million) in its drilling program under the fifth exploration subphase.

Posted: December 21st, 2012 in Headlines | Read More »

Advertisement

News

  • What PH peacekeepers can look forward to when they come home
  • PCGG raises P158 million from sale of Bugarin properties
  • Palace: Aquino will not take the MRT challenge
  • ‘Poe-Kiko’ tandem? Grace Poe goes LOL!
  • Palace says Aquino still believes in Abaya, problems in MRT ‘systemic’
  • Sports

  • Malacañang says Aquino looking forward to Gilas Pilipinas ‘excellent games’
  • Gabe Norwood puts on show in Fiba World Cup
  • Practicing for Japan
  • Football fan fined after ‘bending it like Beckham’
  • Pacquiao-Mayweather fight likely to happen in 2015, says Arum
  • Lifestyle

  • National immunization drive vs measles-rubella, polio launched
  • Dengue fever strikes models in Japan
  • Dethroned Myanmar beauty queen blasts pageant boss
  • Japanese researchers develop 30-minute Ebola test
  • Sharks off the menu and on the tourist trail in Palau
  • Entertainment

  • Escudero says no wedding date, venue yet
  • PH film ‘Rekorder’ wins in South Korea
  • Eraserheads in mini reunion
  • Super Junior return as ‘real men’
  • Photo ‘hack’ on nude Jennifer Lawrence, Kate Upton, other stars probed
  • Business

  • Oil firms hike pump prices of fuel
  • Dollar, euro surge against yen in Asian trading
  • SM Prime raises P20B from retail bond issue
  • DoubleDragon takes over Skysuites property in QC
  • NGCP eyes cost recovery charge
  • Technology

  • ALS Ice Bucket Challenge arrives in North Korea
  • ‘Internet fasting’—returning to the real world
  • PH ranks 8th in Ice Bucket Challenge participation
  • Google tests using drones to deliver goods
  • DigiTech conference, Best of Anime to keep September busy
  • Opinion

  • Not worth the brag
  • ‘Hilaw’
  • Transition curve?
  • Should he inhibit?
  • Pitching in for inclusive growth
  • Global Nation

  • PCG men in Balintang shooting plead not guilty
  • After ‘great escape’ in Syria, PH commander escapes from Undof chief
  • Trial of PCG men for fatal shooting of Taiwan fisher starts
  • New Solcom chief calls for probe of UN commander
  • Beijing asks Manila to probe anti-China plot
  • Marketplace
    Advertisement