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Country summary: Philippines

energy-pedia opportunities - Philippines:
Current deals: 23
Licensing articles: 37
Completed deals: 64

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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Philippines - recent news

11 Jan 19
Philippines: Phoenix Petroleum gets green light for US2 bln LNG terminal
Philippines firm Phoenix Petroleum has won government approval to build the nation’s first liquefied natural gas (LNG) import terminal for $2 billion, in partnership with China National Offshore Oil Corp (CNOOC).
05 Sep 18
Philippines: Israel's Ratio Oil signs Philippines exploration deal
Israel’s Ratio Oil Exploration has signed a long-awaited deal to search for oil and gas in the Philippines. The Company was initially awarded the East Palawan block back in 2015.
20 Aug 18
Philippines: Wood awarded new contract by Shell's Upstream unit in the Philippines
Wood has secured a new six-year contract with Shell to provide asset management services to the Malampaya deepwater gas-to-power project in the Philippines.
19 Apr 18
Philippines: Red Emperor Resources announces successful transfer of SC 55 participating interests
Red Emperor Resources has received official confirmation from the Philippine Department of Energy (DoE) ratifying the request for the transfer of participating interests in Service Contract no. 55 (SC55) from Otto Energy to its partners, Century Red Pte. Ltd, PaIawan55 Exploration & Production Corp and Pryce Gases, Inc.
15 Mar 18
Philippines: Alegria oil field declared commercial
Philippines Energy Secretary Alfonso Cusi and Chinese company CIMP have jointly declared the Alegria oil field in southern Cebu to be commercially viable, with reserves of oil and natural gas that could last until 2037.

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