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

  • Will Congress replace defunct pork barrel system with new measures?
  • Police in China remove church’s cross
  • 261 members attend reopening of House of Representatives
  • Belmonte calls for creation of public accounts committee to review alleged funds misuse
  • Drilon urges colleaguesto set aside 2016 plans, focus on ‘Senate’s rebirth’
  • Sports

  • Indomitable Red Lions seek No. 6 vs Blazers
  • Archers roar past Warriors; Tamaraws clobber Maroons
  • V-League: Cagayan whips UP; NU drubs Ateneo
  • Pons, Simborio top Petron volley
  • Salak bags SuperLiga MVP plum
  • Lifestyle

  • There’s more to Barcelona than Gaudi
  • Italian filmmaker’s love affair with Smokey Mountain
  • Veronica Roth shows her main man in ‘Divergent’ trilogy
  • Huffing and puffing my way to Monet’s Giverny–on two wheels
  • ‘Mostly Mozart,’ the fine and the beautiful, and Darrel Ang
  • Entertainment

  • North American box office loves ‘Lucy’
  • Alex Gonzaga in no rush for next romance
  • Mark Bautista is West End-bound
  • ‘Top Model’ finalist finds a home in Manila
  • One evening in a rock ’n’ roll time machine
  • Business

  • Tobacco report questioned
  • Government’s ‘to-do’ list remains long
  • Biz Buzz: ‘Smuggling’ corn
  • Robbing the wrong way
  • Relief from ‘lemon’ cars
  • Technology

  • PH Internet slowest in Asean
  • Marketers need to be in what Filipinos can’t live without
  • Apple, Samsung lose ground in cooling tablet market
  • China deletes Web reports on blow-up giant toad
  • Get paid for posting? Social networking’s new twist
  • Opinion

  • Editorial cartoon, July 28, 2014
  • Dream and nightmare
  • What a difference a year makes
  • Let there be freedom of choice on Bt ‘talong’
  • From Surakarta village to Merdeka Palace
  • Global Nation

  • Very few undocumented Filipino youths take advantage of break to stay and work in the US
  • Facing severe drought, Californians back mandatory curb on water use
  • ‘Maritime disputes could lead to war’
  • DFA priority: Peace in disputed sea
  • PH Muslims appeal for end to violence in Gaza
  • Marketplace
    Advertisement