Saturday, May 9, 2026
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Tag: Nido Petroleum

Gov’t approves new deal to redevelop Cadlao oilfield

The government has granted a new service contract to the consortium developing the Cadlao oilfield following the expiration of Service Contract 6B last year,...

Australian firm seeking to revive Cadlao oilfield in 2023

Sacgasco of Australia, operating as Nido Petroleum in the Philippines, said Wednesday it plans to deploy a drilling rig to conduct an extended well...

Galoc oil drilling reviewed

The Galoc joint venture has demobilized its drilling rig after completing the appraisal of the Galoc-7ST-1 well in northwest Palawan. Nido Petroleum disclosed to the...

Galoc’s new well found inconclusive

Test drilling of Galoc-7 well showed “inconclusive” results in terms of potential commerciality of the Galoc Mid Area, an extension north of the existing...
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