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The Philodrill Corporation is a petroleum exploration company based in the Philippines and publicly-listed on the Philippine Stock Exchange (PSE: OV).Its primary business is focused on exploring, developing, and producing oil, gas, and minerals products.
Wellex Industries, Inc. is a Filipino company engaged in mining and oil exploration in the Philippines. Currently headquartered in Ortigas Center, Pasig City, it is one of The Wellex Group's six major business segments. [2] The company was founded in October 1956 as Republic Resources and Development Corporation (also known as REDECO
Six other firms had considered conducting oil exploration in Alegria. On August 28, 2014, CIMP Co. Ltd. became the first firm to commence oil exploration in Alegria. The operation, which was done to determine if the town had commercially viable oil reserve, was expected to last three to four months. [7]
MANILA (Reuters) -Philippine President Ferdinand Marcos Jr said his country is working to resolve "exploration issues" in the South China Sea so it could start new energy exploration projects in ...
PNOC Exploration Corporation is the upstream oil, gas and coal subsidiary of the state-owned Philippine National Oil Company. A government owned and controlled corporation, the Company was incorporated on April 20, 1976, and is mandated by the government through the Department of Energy (DOE) to take the lead in exploration, development and production of the country’s oil, gas and coal ...
This was the first oil and gas platform to be designed and built in the Philippines, and its successful completion has made the country a player in construction for the oil and gas industry. The upstream component of the US$4.5 billion Malampaya gas-to-power project was expected to provide substantial long-term revenue of between $8 billion ...
An oil slick about 3.7 kilometers (2.3 miles) long near the rough seawaters where the tanker sank, about 6 kilometers (3.7 miles) off Bataan province’s Limay town, came from the fuel tank that ...
The oil operations are run by India's Oil and Natural Gas Corporation (ONGC). Mumbai High field was discovered by an Indo-Soviet oil exploration team operating from the seismic exploration vessel Academic Arkhangelsky [2] during mapping of the Gulf of Khambhat (earlier Cambay) in 1964–67, followed by a detailed survey in 1972. [2]