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Philippines News

Chinese Ship Exits Vietnam's Waters After Disputed Surveys

Oct 24, 2019

A Chinese oil survey vessel that has been embroiled in a tense standoff with Vietnamese vessels in the South China Sea left Vietnamese-controlled waters on Thursday after more than three months, marine data showed.The Chinese vessel, the Haiyang Dizhi 8鈥

China, Philippines: 'Bigger Step' Possible 云顶赌场老虎机

Aug 30, 2019

Chinese President Xi Jinping said China and the Philippines could take a 'bigger step' in the joint development of oil and gas resources in the South China Sea if they can 'properly' handle their dispute over sovereignty.Xi made the remarks鈥

30% of Sea Needs Protection by 2030

May 30, 2019

To keep the planet flourishing, 30 percent of Earth needs protection by 2030. Today about eight percent of the ocean and 15 percent of land is protected.'We鈥檙e on track to reach a global goal of protecting 10 percent of the ocean and 17 percent of the land by 2020鈥

Nexans Wins $113m Subsea Contract

Dec 05, 2018

French cable company Nexans said that  it has been awarded a full turnkey contract worth more than $113m  for the manufacturing, delivery and installation of 350 kV HVDC submarine cable in the Philippines.Nexans has been awarded a full turnkey鈥

Philippine Senators Ask Duterte to Disclose China Energy Plan

Nov 20, 2018

Philippine opposition senators have demanded President Rodrigo Duterte reveal details of joint energy exploration plans with China, warning such a deal risked affirming Chinese territorial claims that are not recognized under international law鈥

Galoc JV to drill sidetrack off Philippines

Apr 18, 2017

The Galoc joint venture is moving to drill a sidetrack well, following inconclusive results at the Galoc-7 well in the Palawan basin, offshore Philippines. Nido Petroleum says that the Deepsea Metro I drillship reached total depth of 2373m at the Galoc-7 well鈥

Deepsea Metro I sets sail to the Philippines

Mar 29, 2017

The Deepsea Metro I drillship has set sail to the Galoc field, offshore the Philippines, with drilling operations expected to start on 31 March. The Deepsea Metro I. Image from Odfjell Drilling鈥

CGG completes Philippines project

Mar 16, 2017

French geoscience firm CGG has completed its processing of geoscience data on the Carabao multi-client study, acquired offshore the Philippines. The study integrates more than 8500km of new broadband prestack time-migrated 2D BroadSeis鈥

Nido spuds Galoc-7

Mar 31, 2017

Nido Petroleum started drilling at the Galoc-7 appraisal well, off The Philippines. The Deepsea Metro I. Image from Odfjell Drilling. The Deepsea Metro I recently set sail from Malaysia for the project鈥

Nido to test Galoc in March

Jan 25, 2017

Nido Petroleum is set to drill its Galoc-7/7ST appraisal well in Block C1 SC 14 offshore the Philippines, starting in March.  The firm has agreed a one-well drilling contract for the Odfjell Drilling operated ultra deepwater drillship Deepsea Metro I for the work鈥

Nido to raise funds for Philippines drilling

Oct 21, 2016

Nido Petroluem is launching a US$24 million (A$31.9 million) offer to fund drilling of an appraisal well to the Galoc discovery, offshore the Philippines. Nido is looking to raise the funds through an 11.2 for 1 pro鈥恟ata renounceable entitlement offer of new shares at an offer price of $鈥

Otto gains Philippines moratorium

Jun 17, 2016

Otto Energy and partner Red Emperor received approval from the Philippines Department of Energy for a two-year moratorium on required work activity under Service Contract 55, offshore the Philippines following failed attempts to find commercial discovery at Hawkeye鈥

Otto to bail on the Philippines

Jan 28, 2016

Australia-based Otto Energy may leave the Philippines to focus on its North American assets, leaving joint venture partner Red Emperor Resources with an option to takeover more stake in SC 55. Map of SC 55鈥

Malampaya fuels the Philippines

Nov 01, 2015

Audrey Raj explains how an old deepwater field such as Malampaya continues to power the Philippines and benefit its economy. In early 2015, the Malampaya Phase 3 depletion compression platform was towed from its fabrication site in Subic Bay鈥

Shell starts at Malampaya

Oct 06, 2015

Shell started production from its new offshore platform in the Malampaya natural gas field, off the Philippines. Malampaya. From Shell. The offshore platform known as the depletion鈥

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