Typhoon threat halts Galoc drilling: Nido

A TYPHOON moving south across the South China Sea has prompted the Galoc joint venture, involving Nido Petroleum and Otto Energy, to suspend drilling at the offshore Philippines oil field.

Typhoon threat halts Galoc drilling: Nido Typhoon threat halts Galoc drilling: Nido Typhoon threat halts Galoc drilling: Nido Typhoon threat halts Galoc drilling: Nido Typhoon threat halts Galoc drilling: Nido

Nido told the market yesterday that once the tropical typhoon Peipah had passed, the Galoc-4 pilot hole would be plugged back and sidetracked for the drilling of a horizontal production well.

loader
  • NEW: Digital version of PNG Report magazine - View here
  • Porgera: Barrick-PNG talks go on - Read more
  • Follow the companies investing in the PNG market - Read more

Most read Regions