Trans-Asia Oil and Development Corp. (TA Oil), the energy development unit of the Phinma Group, has been given clearance to extend its petroleum service contract covering an offshore area in Central Visayas. In a disclosure to the Philippine Stock Exchange, TA Oil said the Department of Energy (DOE) has approved the company’s license extension by another [...]
Posts Tagged ‘Service contracts’
DOE extends Trans-Asia contract (9/16/2010)
Posted in Philippine Star News, tagged Oil production, Service contracts, Trans-Asia on September 16, 2010 | Leave a Comment »
Contracts for oil, gas resources up for grabs (6/28/2010)
Posted in Inquirer News, tagged Exploration, Natural gas, Oil exploration, Service contracts on June 28, 2010 | Leave a Comment »
Energy execs push PECR to tap millions of barrels CONTRACTS for the exploration and development of up to 10 prospective oil and gas areas in the country are expected to be auctioned off once the Department of Energy (DOE) gets a new man to steer its helm. The DoE has already identified 16 prospective sedimentary [...]
DoE eyes 50 more renewable energy service contracts (6/15/2010)
Posted in Inquirer News, tagged Investments, Renewable energy, Service contracts on June 15, 2010 | Leave a Comment »
16 firms apply for 43 wind projects THE DEPARTMENT OF ENERGY is evaluating about 50 more applications for renewable energy service contracts. Energy Assistant Secretary Mario Marasigan said the processing of these proposals was taking some time because these were the “more difficult projects.” Data from the DOE showed there were 43 pending wind energy [...]
DOE okays 4 renewable energy deals (04/05/2010)
Posted in Philippine Star News, tagged Renewable energy, Service contracts on April 5, 2010 | Leave a Comment »
The Department of Energy (DOE) has approved four new renewable energy service contracts of Oriental Energy and Power Generation Corp., bringing to five the company’s mini hydro power generation portfolio. A sister company of publicly-listed Oriental Peninsula Resources Group, Oriental Energy is set to develop the five mini hydro projects with a combined generation capacity [...]
Bidders swarm DOE auction for geothermal energy deals (11/26/09)
Posted in Philippine Star News, tagged Geothermal energy, Service contracts on November 26, 2009 | Leave a Comment »
The Department of Energy (DOE) has received at least 24 bids for 10 contracts under its geothermal energy contracting round, assistant secretary Mario Marasigan said. “We received strong interest because of the renewable energy law. Now we are seeing the fruits of Republic Act 9513, wherein the incentives are really attractive,” he said. Marasigan, who [...]
Perez-led Alternergy bags 6 wind power projects (11/09/09)
Posted in Philippine Star News, tagged Service contracts, Wind energy on November 9, 2009 | Leave a Comment »
Alternergy Philippines Holdings Corp. (APHC) has signed six service contracts with the Department of Energy (DOE) for its proposed wind projects worth an estimated $85 million. With a $14.1-million project cost each, the wind power facilities will be put up in Pilillia, Rizal; Kalayaan, Laguna; Abra de Ilog, Occidental Mindoro; Sta.Ana, Cagayan: Sta Praxedes and [...]
Energy department to award five more coal contracts (10/28/09)
Posted in Manila Times News, tagged Coal, Exploration, PECR, Service contracts on October 28, 2009 | Leave a Comment »
The Department of Energy (DOE) is set to award five more contracts for coal exploration and development on Thursday. “On Thursday we will have a contract signing [for] five more contracts,” Ramon Oca, Energy department undersecretary, said in an interview. These contracts were culled from the 30 areas offered to investors in the recent Philippine [...]
