Philippines

Philippines oil production began in the 1970s but has been very limited. Between 1996 and 2000, the Philippines had no oil production at all. Recently production has increased to 23 thousand barrels per day (bbl/d) in 2007, primarily due to the development of new offshore deepwater oil deposits.

Latest News

Forum Energy updates operations on the SC72 Recto Bank block
Tuesday, January 31, 2012
Forum Energy Plc provides update on operations at Recto Bank
Friday, January 27, 2012
Cape Philippines wins US$22 million offshore contract with Clough Amec
Tuesday, January 24, 2012
Otto Energy announces update on service contract 55 drilling preparations
Wednesday, January 18, 2012
Nido Petroleum provides seismic survey on SC 54A and SC 54B 2D
Thursday, December 15, 2011
Galoc Oil Field Offshore Palawan Shut in For FPSO Upgrade
Monday, November 28, 2011

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