PNOC-Exploration Corporation Company News

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Philippines Lifts South China Sea Moratorium
Friday, October 16, 2020The Philippines lifted its moratorium on oil and gas exploration in disputed areas of the South China Sea.

PNOC EC to Invest $182M in Philippines Oil, Gas Projects in 2016
Thursday, April 07, 2016Philippines' PNOC Exploration Corp. sets aside $182 million for investments in the country's Malampaya gas field and other exploration projects this year.

First Gas Flows From New Offshore Platform at Philippines' Malampaya Field
Tuesday, October 06, 2015Gas production commences at a new offshore platform in the Malampaya field off the coast of Palawan Island in the Philippines.

Philippines DOE Approves PNOC-EC's Transfer of 10% Stake in SC 63 to Nido
Friday, January 09, 2015The Philippines Department of Energy approves the transfer of 10 percent stake in Service Contract 63 offshore the Philippines by PNOC-EC to Nido Petroleum.

PNOC-EC to Farm-in to Phillippines' SC55, Otto Seeks Rig to Drill Hawkeye-1
Friday, January 09, 2015Otto Energy reveals that PNOC-EC will farm-in for a 15 percent interest in Service Contract 55 offshore the Philippines, with the firm seeking a rig to drill the Hawkeye-1 well later this year.

Nido Executes Second Stage of Farm-in Process for SC 63 in the Philippines
Monday, May 19, 2014Nido Petroleum executes the second stage of farm-in process with PNOC-EC for Service Contract 63 in north west Palawan Basin offshore the Philippines.

UMW Naga 5 Heads to SC 63 in Palawan Basin to Drill Baragatan Prospect
Monday, May 05, 2014Nido Petroleum reports that UMW Naga 5 is expected to arrive at the Baragatan prospect in Service Contract 63 in the Philippines' Palawan Basin in mid-May for a drilling assignment.