Philippines News

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…

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…

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…

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…

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…

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‐rata renounceable entitlement offer of new shares at an offer price of $…

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…

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…

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…

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…

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…

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’s 15% working interest in Block SC55 has been granted…

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’s 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…

Otto mobilizes Maersk Venturer

Jul 02, 2015

Otto Energy has mobilized Maersk Drilling’s 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…

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…

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