^
+ Follow GULF RESOURCES Tag
GULF RESOURCES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 325077
                    [Title] => PNOC’s geothermal unit eyes projects in Argentina, Australia
                    [Summary] => State-owned Philippine National Oil Co.-Energy Development Corp. (PNOC-EDC) is eyeing Australia and Argentina as potential international geothermal development markets, a ranking company official said.


PNOC-EDC vice president for technical services Manuel Ogena said they are currently negotiating with the governments of the two countries for possible geothermal development projects.

Aside from these two potential markets, Ogena said PNOC-EDC has recently bagged contracts with the Iranian government.
[DatePublished] => 2006-03-09 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 312832 [Title] => PNOC-EDC may join German consortium in ME venture [Summary] => The PNOC-Energy Development Corp. is looking at the possibility of joining a German-led consortium that will bid for a geothermal development project in a Middle eastern country.

"We will be a sub-contractor for a project in the Middle East.  The contract is for the exploration, drilling and reservoir (EDR) management," PNOC-EDC president and CEO Paul A. Aquino said.

Aquino said their group may stand a good chance of bagging the contract since there are a very few companies that have the same expertise as PNOC-EDC.
[DatePublished] => 2005-12-19 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 246255 [Title] => PNOC unit in talks with foreign groups for geothermal projects [Summary] => The PNOC-Energy Development Corp. (EDC) is pursuing talks with various countries for possible geothermal drilling activities this year.

"We have been talking to a lot of countries including Bangladesh, Cambodia, Indonesia, Iran and Kazakhstan for possible geothermal development projects," EDC president Paul Aquino said.

Aquino said EDC is now in the final negotiation stages with at least three of these countries for a potential geothermal exploration.

He said they are currently in exploratory talks with the Iranian and Indonesian governments.
[DatePublished] => 2004-04-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 151856 [Title] => Staying on TOP [Summary] => Although it is one of the country’s biggest companies, the Philippine National Oil Co. intends to get even bigger.

"We have to grow if we want to stay on top," said PNOC Energy Development Corp. chairman Sergio Apostol. "Otherwise, we will be swallowed by competition."
[DatePublished] => 2002-02-25 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1309106 [AuthorName] => Estela Banzon-De La Paz [SectionName] => Business As Usual [SectionUrl] => business-as-usual [URL] => ) [4] => Array ( [ArticleID] => 151493 [Title] => Foreign group to invest $1.2-B in RP oil sector [Summary] => A foreign oil exploration consortium has expressed keen interest in investing up to $1.2 billion on oil and gas exploration projects in the country, PNOC-Energy Development Corp. (PNOC-EDC) president Sergio Apostol said yesterday.

In an interview, Apostol said a consortium composed of Gulf Resources of the US, Unocal and Marubeni Corp. is poised to enter into a joint venture with PNOC-EDC for various oil and natural gas exploration projects.

"They have committed to infuse $1.2-billion worth of investments this year," he said.
[DatePublished] => 2002-02-22 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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