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                    [ArticleID] => 314006
                    [Title] => PNOC-EDC to develop local tech to drill acidic wells
                    [Summary] => The PNOC-Energy Development Corp. (EDC) intends to develop a home-grown technology that would enable it to drill acidic wells, a ranking company official said.   


EDC president Paul A. Aquino said this kind of technology would open a lot of new geothermal steam fields.  


"There are big possibilities and potential for us to harness geothermal steam fields which come from young dead volcanoes,"he said.


Aquino said EDC currently could not develop such potential geothermal sources because of lack of this kind of technology.  


                    [DatePublished] => 2005-12-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 312139
                    [Title] => PNOC geothermal arm sees P6-P9B income this year
                    [Summary] => PNOC-Energy Development Corp. (EDC), the geothermal development arm of the state-owned Philippine National Oil Co., expects to post an earning of between P6 billion to P9 billion this year, the company’s top official said.


EDC president and CEO Paul A. Aquino said the income surge could be traced to the improvement of the yen since most of EDC’s loans are yen-denominated.


                    [DatePublished] => 2005-12-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 269789
                    [Title] => PNOC unit teams up with Malaysian firm for marketing blitz
                    [Summary] => PNOC-Energy Development Corp. (EDC) has entered into an international marketing agreement with a Malaysia-based firm to boost its global business activities. 


EDC, the geothermal development arm of the state-owned Philippine National Oil Co. (PNOC), said it signed a teaming agreement with SJA Trade and Services Sdn Bhd, a marketing company registered in Malaysia. 


The state-run firm said through SJA,  it will primarily target offering its services to the African market where oil, gas, and geothermal drilling programs are on the uptrend. 


                    [DatePublished] => 2005-03-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 267857
                    [Title] => PNOC-EDC to bid for new drilling deals in Papua NG
                    [Summary] => The PNOC-Energy Development Corp. (EDC) will bid for new geothermal drilling contracts in Papua New Guinea (PNG), a ranking company official said yesterday.


"We will join the bidding which is scheduled by the end of this month," EDC president Paul Aquino said. 


Aquino said EDC’s contract with PNG’s Lihir Management Co. (LMC) for steamfield development and management has already expired last year.   


He said PNG would be bidding out four contracts. "We will participate first in the one year contract," he said. 


                    [DatePublished] => 2005-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 201455
                    [Title] => Philtranco sets P4-B, 5-year capex
                    [Summary] => Philtranco Service Enterprises Inc. is alloting P4 billion for capital expenditures over the next five years. 


Philtranco chief executive officer Jose E.B. Antonio said yesterday that the  P4 billion would be used to buy  a new fleet of buses, refurbish and expand the company’s terminals and acquire ferry boats in line with the government’s ambitious program to create a "seamless highway."


                    [DatePublished] => 2003-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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)

NEGROS AND MINDANAO

Array
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    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 314006
                    [Title] => PNOC-EDC to develop local tech to drill acidic wells
                    [Summary] => The PNOC-Energy Development Corp. (EDC) intends to develop a home-grown technology that would enable it to drill acidic wells, a ranking company official said.   


EDC president Paul A. Aquino said this kind of technology would open a lot of new geothermal steam fields.  


"There are big possibilities and potential for us to harness geothermal steam fields which come from young dead volcanoes,"he said.


Aquino said EDC currently could not develop such potential geothermal sources because of lack of this kind of technology.  


                    [DatePublished] => 2005-12-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 312139
                    [Title] => PNOC geothermal arm sees P6-P9B income this year
                    [Summary] => PNOC-Energy Development Corp. (EDC), the geothermal development arm of the state-owned Philippine National Oil Co., expects to post an earning of between P6 billion to P9 billion this year, the company’s top official said.


EDC president and CEO Paul A. Aquino said the income surge could be traced to the improvement of the yen since most of EDC’s loans are yen-denominated.


                    [DatePublished] => 2005-12-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [2] => Array
                (
                    [ArticleID] => 269789
                    [Title] => PNOC unit teams up with Malaysian firm for marketing blitz
                    [Summary] => PNOC-Energy Development Corp. (EDC) has entered into an international marketing agreement with a Malaysia-based firm to boost its global business activities. 


EDC, the geothermal development arm of the state-owned Philippine National Oil Co. (PNOC), said it signed a teaming agreement with SJA Trade and Services Sdn Bhd, a marketing company registered in Malaysia. 


The state-run firm said through SJA,  it will primarily target offering its services to the African market where oil, gas, and geothermal drilling programs are on the uptrend. 


                    [DatePublished] => 2005-03-10 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [3] => Array
                (
                    [ArticleID] => 267857
                    [Title] => PNOC-EDC to bid for new drilling deals in Papua NG
                    [Summary] => The PNOC-Energy Development Corp. (EDC) will bid for new geothermal drilling contracts in Papua New Guinea (PNG), a ranking company official said yesterday.


"We will join the bidding which is scheduled by the end of this month," EDC president Paul Aquino said. 


Aquino said EDC’s contract with PNG’s Lihir Management Co. (LMC) for steamfield development and management has already expired last year.   


He said PNG would be bidding out four contracts. "We will participate first in the one year contract," he said. 


                    [DatePublished] => 2005-01-16 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096364
                    [AuthorName] => Donnabelle L. Gatdula
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 201455
                    [Title] => Philtranco sets P4-B, 5-year capex
                    [Summary] => Philtranco Service Enterprises Inc. is alloting P4 billion for capital expenditures over the next five years. 


Philtranco chief executive officer Jose E.B. Antonio said yesterday that the  P4 billion would be used to buy  a new fleet of buses, refurbish and expand the company’s terminals and acquire ferry boats in line with the government’s ambitious program to create a "seamless highway."


                    [DatePublished] => 2003-04-04 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

PNOC-EDC to develop local tech to drill acidic wells

By Donnabelle L. Gatdula | December 28, 2005 - 12:00am

The PNOC-Energy Development Corp. (EDC) intends to develop a home-grown technology that would enable it to drill acidic wells, a ranking company official said. EDC president Paul A. Aquino said this kind of technology...

Business

PNOC geothermal arm sees P6-P9B income this year

By Donnabelle L. Gatdula | December 14, 2005 - 12:00am

PNOC-Energy Development Corp. (EDC), the geothermal development arm of the state-owned Philippine National Oil Co., expects to post an earning of between P6 billion to P9 billion this year, the company’s top...

Business

PNOC unit teams up with Malaysian firm for marketing blitz

By Donnabelle L. Gatdula | March 10, 2005 - 12:00am

PNOC-Energy Development Corp. (EDC) has entered into an international marketing agreement with a Malaysia-based firm to boost its global business activities. EDC, the geothermal development arm of the state-owned...

Business

PNOC-EDC to bid for new drilling deals in Papua NG

By Donnabelle L. Gatdula | January 16, 2005 - 12:00am

The PNOC-Energy Development Corp. (EDC) will bid for new geothermal drilling contracts in Papua New Guinea (PNG), a ranking company official said yesterday. "We will join the bidding which is scheduled by the...

Business

Philtranco sets P4-B, 5-year capex

By Marianne V. Go | April 4, 2003 - 12:00am

Philtranco Service Enterprises Inc. is alloting P4 billion for capital expenditures over the next five years. Philtranco chief executive officer Jose E.B. Antonio said yesterday that the P4 billion would be used...

Business