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                    [Title] => Shell leads P1.27-B oil search venture off northeast Palawan
                    [Summary] => A consortium composed of Shell Philippines Exploration B.V, Kuwait Foreign Petroleum Co. (KUFPEC), Philippines Onshore B.V., and South China Resources Inc. said yesterday it will invest some P1.27 billion ($24 million) on a venture to explore for gas and oil in offshore northeast Palawan.


The group signed recently Service Contract (SC) 60 with the Department of Energy (DOE) to signal the start of seismic and exploration work in the untapped oil prospects in the northeastern part of Palawan.


                    [DatePublished] => 2006-01-28 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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ABDULLAH M

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                    [Title] => Shell leads P1.27-B oil search venture off northeast Palawan
                    [Summary] => A consortium composed of Shell Philippines Exploration B.V, Kuwait Foreign Petroleum Co. (KUFPEC), Philippines Onshore B.V., and South China Resources Inc. said yesterday it will invest some P1.27 billion ($24 million) on a venture to explore for gas and oil in offshore northeast Palawan.


The group signed recently Service Contract (SC) 60 with the Department of Energy (DOE) to signal the start of seismic and exploration work in the untapped oil prospects in the northeastern part of Palawan.


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abtest

Shell leads P1.27-B oil search venture off northeast Palawan

By Donnabelle L. Gatdula | January 28, 2006 - 12:00am

A consortium composed of Shell Philippines Exploration B.V, Kuwait Foreign Petroleum Co. (KUFPEC), Philippines Onshore B.V., and South China Resources Inc. said yesterday it will invest some P1.27 billion ($24 million)...

Business