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

  • Grace Poe rides the train, gets taste of commuters’ ordeal
  • DOJ orders murder raps filed against Davao ex-gov
  • Bishops’ lament: DepEd ‘God-loving’ no more?
  • Aquino visits Mindoro with P10-B projects
  • Poe allays Palace fears on FOI
  • Sports

  • 2014 Fiba World Cup
  • A peek at Gilas Pilipinas’ foes
  • 5 things to look out for in Spain
  • Fans show Gilas Pilipinas some love
  • Bombers, Cardinals turn back ‘NC’ rivals
  • Lifestyle

  • CCP’s ‘Musikal!’ brings musicals and performing artists together in ‘show of force’
  • Thumbs up for ‘Middle Finger’
  • Michael Williams ‘Never Felt Better’ in ‘Triple Threats’
  • Time running out for ‘kidnapped’ brain tumor boy taken to France
  • Swiss baby dies after being left forgotten in parked car
  • Entertainment

  • Dingdong Dantes gets ready to take the plunge
  • Lessons learned
  • Ben Kingsley eager to play emperor who built Taj Mahal
  • Respect is earned, not given
  • Alay-Lakad’ on Sept. 7
  • Business

  • Gov’t nearly balanced budget as it spent less in July
  • PH ranked 5th biggest in Asean as of end-2013
  • SM property arm turns over 2,500 units
  • 5 firms vie for P4-B PPP deal
  • Globe joins int’l group for $250-M cable venture
  • Technology

  • PH ranks 8th in Ice Bucket Challenge participation
  • Google tests using drones to deliver goods
  • DigiTech conference, Best of Anime to keep September busy
  • Bill vs techy intruders mistaken as anti-selfie bill
  • Hello Kitty shocker ‘s-purrs’ online outcry
  • Opinion

  • Inspired choices
  • A notorious example of its kind
  • Vulnerability window
  • ADB on Asian poverty
  • Stay the course
  • Global Nation

  • UN condemns detention of Fijians; 58 Filipino peacekeepers moved to safety
  • NY Times editorial ‘Political Mischief’ seeks to stop Aquino from 2nd term, clip SC powers
  • In the know: Filipino peacekeepers
  • Randy Halasan: The teacher from ‘place where light shines’
  • PH soldiers’ courage hailed
  • Marketplace
    Advertisement