+ Follow LIHIR MANAGEMENT CO Tag
LIHIR MANAGEMENT CO
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[ArticleID] => 269789
[Title] => PNOC unit teams up with Malaysian firm for marketing blitz
[Summary] => PNOC-Energy Development Corp. (EDC) has entered into an international marketing agreement with a Malaysia-based firm to boost its global business activities.
EDC, the geothermal development arm of the state-owned Philippine National Oil Co. (PNOC), said it signed a teaming agreement with SJA Trade and Services Sdn Bhd, a marketing company registered in Malaysia.
The state-run firm said through SJA, it will primarily target offering its services to the African market where oil, gas, and geothermal drilling programs are on the uptrend.
[DatePublished] => 2005-03-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 267857
[Title] => PNOC-EDC to bid for new drilling deals in Papua NG
[Summary] => The PNOC-Energy Development Corp. (EDC) will bid for new geothermal drilling contracts in Papua New Guinea (PNG), a ranking company official said yesterday.
"We will join the bidding which is scheduled by the end of this month," EDC president Paul Aquino said.
Aquino said EDC’s contract with PNG’s Lihir Management Co. (LMC) for steamfield development and management has already expired last year.
He said PNG would be bidding out four contracts. "We will participate first in the one year contract," he said.
[DatePublished] => 2005-01-16 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 230942
[Title] => PNOC unit firms up drilling consultancies in 3 countries
[Summary] => PNOC-Energy Development Corp. (EDC) is firming up several drilling consultancy services for projects in Bangladesh, Indonesia and Papua New Guinea early next year, a ranking company official said.
EDC chairman and president Sergio Apostol said the company expects to bag a new contract for drilling rig maintenance with Bangladesh Petroleum and Exploration (EPCO) after the completion of its first contract with the Bangladeshi firm for drilling rig rehabilitation.
[DatePublished] => 2003-12-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 229929
[Title] => EDC raises profit target to P1.1B
[Summary] => The Energy Development Corp. (EDC) of state-owned Philippine National Oil Co. (PNOC) has revised its income target for this year to P1.1 billion from an earlier programmed P1 billion.
"We have already exceeded the P1-billion mark in the first nine months of the year," EDC chairman and president Sergio Apostol said. He said they expect to further improve the company’s earnings in 2004 as the company lines up new power projects.
[DatePublished] => 2003-12-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 189375
[Title] => PNOC unit invited to bid for drilling project in Australia
[Summary] => The PNOC-Energy Development Corp. (EDC) has its sights set on an oil and gas drilling project in Australia.
Company chairman and president Sergio Apostol said EDC has been invited by the South Australian Northern Territory Oil Search (SANTOS) Ltd. Oil Co. to submit a proposal for a three-year oil and gas drilling contract in Australia.
"We were actually recommended to SANTOS by the Lihir Management Co. (LMC) of Papua New Guinea (PNG)," Apostol said.
[DatePublished] => 2002-12-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 189198
[Title] => PNOC unit eyes geothermal contract in PNG
[Summary] => PNOC-Energy Development Corp. (EDC) is bidding for the drilling contract of 11 more wells and construction of a geothermal power plant in Papua New Guinea (PNG).
EDC chairman and president Sergio Apostol said it would offer its expertise to Papua Guinea’s premier geothermal company, Lihir Management Co. (LMC), to construct and operate geothermal power plants in the country.
[DatePublished] => 2002-12-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 178613
[Title] => PNOC-EDC bags 2 additional drilling contracts with Papua New Guinea
[Summary] => The PNOC-Energy Development Corp. (EDC), the geothermal arm of the state-run Philippine National Oil Co. (PNOC), has bagged at least two additional well drilling contracts with Papua New Guinea.
EDC chairman and president Sergio Apostol said they will be paid $1 million for each well. Apostol said they will start drilling the first well within this month.
[DatePublished] => 2002-10-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 148964
[Title] => PNOC-EDC to ink drilling contract with Aussie firm
[Summary] => PNOC-Energy Development Corp., a geothermal unit of the state-owned Philippine National Oil Co. (PNOC), expects to seal a drilling contract with an Australian exploration firm.
PNOC-EDC chairman and president Sergio Apostol said, they are holding talks with Santa Fe Co. for a geothermal drilling prospects in Brisbane, Australia.
Apostol said the contract will involve at least two deep wells. "The amount of the contract might range from $4 million to $6 million each or a total contract price of P610 million," he said.
[DatePublished] => 2002-01-31 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 146893
[Title] => PNOC unit in talks with foreign power firms over $120-M wind farm project
[Summary] => The PNOC-Energy Development Corp., a subsidiary of government-owned Philippine National Oil Co. (PNOC), has started talks with two foreign power firms for a feasibility study for the second and third phases of its $120-million wind farm project.
Sergio Apostol, PNOC-EDC chairman and chief executive officer, said they are tapping NEG Micon of Denmark and Nordik Co. of Sweden to undertake the feasibility study on the next two phases of the project.
[DatePublished] => 2002-01-13 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 146696
[Title] => PNOC-EDC hikes 2002 drilling budget by 150%
[Summary] => The PNOC-Energy Development Corp., a wholly-owned subsidiary of the Philippine National Oil Co. (PNOC), will more than double its budget for its drilling program this year, company chairman Sergio Apostol said.
Apostol said they will set aside P1.68 billion for drilling operations this year, 150 percent higher than last year’s total drilling expenditures of P675 million.
PNOC-EDC, one of the most aggressive subsidiaries of PNOC, is programmed to drill at least 15 new wells in different parts of the country.
[DatePublished] => 2002-01-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
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October 5, 2002 - 12:00am
January 31, 2002 - 12:00am
January 11, 2002 - 12:00am
