Tuesday, May 12, 2026
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Tag: Galoc oil field

Government issues new service contract for Galoc oil field extension

The government has issued a new petroleum service contract for the Galoc oil field in northwest Palawan to allow a consortium to recover remaining...

Galoc consortium seeks new contract for Palawan oil field

The Galoc oil field consortium is seeking approval from the Department of Energy for a new service contract to recover remaining reserves in northwest...

Australian firm discovers new opportunities in Galoc oil field

Matahio Energy, the majority stakeholder of the Galoc oil field service contract, said it identified new opportunities in the block located offshore northwest Palawan. “The...

Cusi assures Malampaya’s continued operation despite Galoc’s shutdown

The Energy Department said Tuesday the $4.5-billion Malampaya natural gas project in northwest Palawan will continue to operate despite the low oil price regime...

Galoc oil field to halt operation on low prices

A joint venture that includes Oriental Petroleum and Minerals Corp. said Monday production at the Galoc oil field in northwest Palawan will be suspended...

Drilling in Galoc begins, says Nido

Oil drill ship Deepsea Metro I has started drilling a new well in the Galoc oil field off northwest Palawan. Nido Petroleum Ltd. disclosed to...

Palawan oil field holds more reserves

A consortium led by Australian company Nido Petroleum Ltd. hopes to extract more oil from the Galoc oil field located 60 kilometers northwest off...

Nido drilling new Galoc well

Nido Petroleum Ltd. of Australia and its joint venture partners plan to drill a new exploratory well in Galoc oil field northwest off Palawan...
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