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Philippines News

Malampaya DCP installation completed

Sep 01, 2015

Arup, a multidisciplinary engineering and consulting firm has announced the completion of the installation of the Malampaya depletion compression platform (DCP), a new offshore natural gas platform installed in the West Philippine Sea off the coast of Palawan鈥

Red Emperor receives farm in approval

Jul 27, 2015

Red Emperor Resources NL announced that it has received formal notification from the Department of Energy of the Republic of the Philippines that approval of the assignment of the company鈥檚 15% working interest in Block SC55 has been granted鈥

Contract extension for Safe Astoria

Jul 15, 2015

Shell Philippines Exploration agreed to a one-month extension for the firm period for the provision of Prosafe鈥檚 Safe Astoria accommodation support vessel at the Malampaya Phase 3 Depletion Compression Project offshore the Philippines. The total value of the firm extension period is US$5 million鈥

Otto mobilizes Maersk Venturer

Jul 02, 2015

Otto Energy has mobilized Maersk Drilling鈥檚 ultra-deepwater drillship Maersk Venturer for the Hawkeye-1 exploration well, offshore Philippines. The two companies originally signed a letter of intent back in March 2015.  The Australian explorer says mobilization will begin on 31 July鈥

Red Emperor planning Filipino program

Jun 26, 2015

Red Emperor Resources is raising US$4.4 million (AU$5.76 million) for its upcoming drilling a appraisal program offshore the Philippines.  The Maersk Venturer. From Maersk. The activity will take place in the deepwater Block SC55鈥

Mammoet installs Malampaya DCP

Mar 12, 2015

Mammoet installed the Malampaya Phase 3 depletion compression platform (DCP) in the West Philippine Sea for Shell Philippines Exploration, in a 48-hour operation. The Malampaya deepwater gas-to-power project, off the coast of Northwest Palawan in Philippines鈥

Red Emperor farms in SC55

Mar 02, 2015

Otto Energy Philippines Inc. signed a farm-in agreement with Red Emperor Resources NL for a 15% working interest in SC55, offshore the Philippines. The Maersk Venturer. From Otto.   SC55鈥

Frontier to drill two wells in Calauit

Sep 17, 2014

Malaysia鈥檚 UMW 云顶赌场老虎机 Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days鈥

Philippines launches PECR5 bid round

Jul 25, 2014

The Philippines Department of Energy (DOE) launched the 5th Philippine Energy Contracting Round (PECR5) on 9 May 2014, and scheduled international roadshows in Texas (12-16 May 2014), Singapore (10-14 June 2014), and Turkey (14-17 September鈥

Typhoon Neoguri reaches southern Japan

Jul 07, 2014

Typhoon Neoguri originated near Guam early Friday, 4 July, and has developed into the first superstorm of the season along the Pacific rim. It is now battering Japan's small southern islands (the Ryukyu Islands, known in Japan as the Nansei Islands)鈥

Nido starts drilling off Philippines

Jun 02, 2014

Nido Petroleum Ltd., on behalf of SC 63 joint venture partners state-owned Philippine National Oil Co. Exploration Corp. (PNOC-EC) and Dragon Oil Ltd., announced that the Baragatan-1A well was spudded May 25. The wellsite is in Service Contract 63鈥

ADNOC to use catamarans offshore

Apr 09, 2014

Abu Dhabi鈥檚 national oil company, ADNOC, has ordered two 45m-long, high-speed, catamarans to be used to service its offshore oil and gas facilities.    The contract to design and build the vessels was awarded to Australia's Austal Limited鈥

Multitasking on Malampaya

Feb 07, 2014

A new multipurpose vessel will play a key role on Shell鈥檚 Malampaya project offshore Malaysia. Pieter van Hekken explains. In the Q1 this year [2014], Boskalis 云顶赌场老虎机 will start one of the most challenging projects in its history. Boskalis 云顶赌场老虎机鈥

Drilling and investment in Southeast Asia

Nov 01, 2013

Two countries 鈥 Malaysia and Indonesia鈥 hold nearly two-thirds of the region鈥檚 reserves, and national oil companies outstrip international oil companies in regional capex. According to the Infield Systems 云顶赌场老虎机 Asia Oil & Gas Market Report to 2017鈥

Otto begins Philippines drilling campaign

Aug 08, 2013

Otto Energy Ltd. is drilling two horizontal wells in the second phase of development at Galoc field offshore the Philippines. The wells are being batch drilled in 311 m of water.  Otto projects the Galoc-5H and Galoc-6H development wells will be drilled to a total vertical depth of 2鈥

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