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                    [Title] => Pryce unit inks farm-in deal with Otto Energy
                    [Summary] => 
A unit of listed Pryce Corp. signed a farm-in option agreement with Otto Energy Philippines Inc. to earn a 10 percent working interest in Service Contract 55 in offshore Palawan.

                    [DatePublished] => 2015-07-31 10:00:00
                    [ColumnID] => 0
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                    [SectionName] => Business
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                    [ArticleID] => 694608
                    [Title] => Philex-led Forum Energy seeks partners for SC 72
                    [Summary] => 
Forum Energy Plc is scouting for a partner for Service Contract (SC) 72 off Palawan to be able to continue exploration activities in the area. a top company official said.
                    [DatePublished] => 2011-06-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [ArticleID] => 343219
                    [Title] => Thailand’s PTT keen on teaming up with PNOC
                    [Summary] => Thailand-based PTT Philippines Corp. has expressed interest in joining Philippine National Oil Co. (PNOC) in oil and gas exploration ventures, a ranking company official said. 


PTTPC president and CEO Siripong Phoungpaka said this is part of the expansion program being carried out by its mother firm, PTT Public Co. Ltd., in the Philippines.


"PTTs’ policy is to go global, because it is now too big in Thailand and has to expand. And now we go first in Southeast Asia and we do exploration in some parts of Africa, Burma, Vietnam and  Cambodia," he said.


                    [DatePublished] => 2006-06-22 00:00:00
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 269891
                    [Title] => SPEX sets oil search venture in Sulu Sea
                    [Summary] => Shell Philippines Exploration B.V. (Spex), the major operator of the $4.5-billion Malampaya deep-water gas-to-power project under Service Contract 38 in Northwest Palawan, will engage in another landmark oil exploration project in the Sulu Sea off eastern Palawan.


Energy Secretary Vincent S. Perez said Spex applied for the said SC with the Department of Energy (DOE) early this week.


                    [DatePublished] => 2005-03-11 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 241274
                    [Title] => DOE concludes RP’s first petroleum contracting round
                    [Summary] => The Department of Energy (DOE) successfully concluded yesterday the country’s first Philippine Petroleum Contracting Round (PCR-1) with at least 16 companies expressing interest in the bidding. 


The DOE, however, did not disclose the actual number of bidders for the contracting round. 


                    [DatePublished] => 2004-03-04 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 235278
                    [Title] => 14 foreign groups eye RP’s 1st petroleum contracting scheme
                    [Summary] => At least 14 international oil and gas exploration firms have expressed keen interest in the bidding for the country’s first Petroleum Contracting Round (PCR-I), a Department of Energy (DOE) official said. 


Energy Undersecretary Eduardo Mañalac told reporters that these firms have bought data in preparation for the PCR-I. 


"We hope that these companies will be encouraged to participate in the licensing bid round on March 2," Mañalac said. 


                    [DatePublished] => 2004-01-16 00:00:00
                    [ColumnID] => 133272
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FILIPINO PARTICIPATION INCENTIVE ALLOWANCE

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                    [ArticleID] => 1483073
                    [Title] => Pryce unit inks farm-in deal with Otto Energy
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A unit of listed Pryce Corp. signed a farm-in option agreement with Otto Energy Philippines Inc. to earn a 10 percent working interest in Service Contract 55 in offshore Palawan.

                    [DatePublished] => 2015-07-31 10:00:00
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                    [Title] => Philex-led Forum Energy seeks partners for SC 72
                    [Summary] => 
Forum Energy Plc is scouting for a partner for Service Contract (SC) 72 off Palawan to be able to continue exploration activities in the area. a top company official said.
                    [DatePublished] => 2011-06-11 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 343219
                    [Title] => Thailand’s PTT keen on teaming up with PNOC
                    [Summary] => Thailand-based PTT Philippines Corp. has expressed interest in joining Philippine National Oil Co. (PNOC) in oil and gas exploration ventures, a ranking company official said. 


PTTPC president and CEO Siripong Phoungpaka said this is part of the expansion program being carried out by its mother firm, PTT Public Co. Ltd., in the Philippines.


"PTTs’ policy is to go global, because it is now too big in Thailand and has to expand. And now we go first in Southeast Asia and we do exploration in some parts of Africa, Burma, Vietnam and  Cambodia," he said.


                    [DatePublished] => 2006-06-22 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Donnabelle L. Gatdula
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                    [Title] => SPEX sets oil search venture in Sulu Sea
                    [Summary] => Shell Philippines Exploration B.V. (Spex), the major operator of the $4.5-billion Malampaya deep-water gas-to-power project under Service Contract 38 in Northwest Palawan, will engage in another landmark oil exploration project in the Sulu Sea off eastern Palawan.


Energy Secretary Vincent S. Perez said Spex applied for the said SC with the Department of Energy (DOE) early this week.


                    [DatePublished] => 2005-03-11 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
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                    [ArticleID] => 241274
                    [Title] => DOE concludes RP’s first petroleum contracting round
                    [Summary] => The Department of Energy (DOE) successfully concluded yesterday the country’s first Philippine Petroleum Contracting Round (PCR-1) with at least 16 companies expressing interest in the bidding. 


The DOE, however, did not disclose the actual number of bidders for the contracting round. 


                    [DatePublished] => 2004-03-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 235278
                    [Title] => 14 foreign groups eye RP’s 1st petroleum contracting scheme
                    [Summary] => At least 14 international oil and gas exploration firms have expressed keen interest in the bidding for the country’s first Petroleum Contracting Round (PCR-I), a Department of Energy (DOE) official said. 


Energy Undersecretary Eduardo Mañalac told reporters that these firms have bought data in preparation for the PCR-I. 


"We hope that these companies will be encouraged to participate in the licensing bid round on March 2," Mañalac said. 


                    [DatePublished] => 2004-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
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abtest

Pryce unit inks farm-in deal with Otto Energy

July 31, 2015 - 10:00am

A unit of listed Pryce Corp. signed a farm-in option agreement with Otto Energy Philippines Inc. to earn a 10 percent working interest in Service Contract 55 in offshore Palawan.

Business

Philex-led Forum Energy seeks partners for SC 72

By Donnabelle L. Gatdula | June 11, 2011 - 12:00am

Forum Energy Plc is scouting for a partner for Service Contract (SC) 72 off Palawan to be able to continue exploration activities in the area. a top company official said.

Business

Thailand’s PTT keen on teaming up with PNOC

By Donnabelle L. Gatdula | June 22, 2006 - 12:00am

Thailand-based PTT Philippines Corp. has expressed interest in joining Philippine National Oil Co. (PNOC) in oil and gas exploration ventures, a ranking company official said. PTTPC president and CEO Siripong Phoungpaka...

Business

SPEX sets oil search venture in Sulu Sea

By Donnabelle L. Gatdula | March 11, 2005 - 12:00am

Shell Philippines Exploration B.V. (Spex), the major operator of the $4.5-billion Malampaya deep-water gas-to-power project under Service Contract 38 in Northwest Palawan, will engage in another landmark oil exploration...

Business

DOE concludes RP’s first petroleum contracting round

By Donnabelle L. Gatdula | March 4, 2004 - 12:00am

The Department of Energy (DOE) successfully concluded yesterday the country’s first Philippine Petroleum Contracting Round (PCR-1) with at least 16 companies expressing interest in the bidding. The DOE, however,...

Business

14 foreign groups eye RP’s 1st petroleum contracting scheme

By Donnabelle L. Gatdula | January 16, 2004 - 12:00am

At least 14 international oil and gas exploration firms have expressed keen interest in the bidding for the country’s first Petroleum Contracting Round (PCR-I), a Department of Energy (DOE) official said. Energy...

Business