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West Palawan

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abtest

Phinma Petroleum raising stake in SC 55 West Palawan

By Danessa Rivera | September 21, 2019 - 12:00am

Phinma Petroleum and Geothermal Inc. (PPGI) is taking a bigger stake in Service Contract (SC) 55 offshore West Palawan after one of its partners withdrew from the project.

Business

Philex Mining to provide bulk of oil search arm's financing needs

By Neil Jerome C. Morales | April 9, 2012 - 12:00am

Pangilinan-led Philex Petroleum Corp. will source the bulk of its financing requirement for exploration from its parent firm Philex Mining Corp.

Business

Trans Asia, NorAsian Energy sign farm-in agreement

By Donnabelle L. Gatdula | February 5, 2011 - 12:00am

Trans-Asia Oil and Energy Development Corp. and NorAsian Energy Ltd (NEL) signed yesterday a farm-in agreement in service contract 55 in offshore Palawan.

Business

Forum Energy seals $10-M facility for West Palawan project

By Donnabelle L. Gatdula | November 26, 2010 - 12:00am

UK-based Forum Energy Plc has sealed a $10-million facility to fund its exploration works in West Palawan.

Business

Dutch firm to evaluate West Palawan prospects

By Donnabelle L. Gatdula | October 27, 2008 - 12:00am

Dutch firm Fugro NV is expected to enter into an agreement with the Department of Energy (DOE) for a “multi-client” ...

Business