Latest Philippines Energy Sector News

Tetragon Energy has boosted its mid-case prospective gas resource at the Halcon prospect in the Philippines from 2.6 TCF to 8.0 TCF, significantly enhancing the value of its offshore permits and improving the geological chance of success.

Tetragon Energy has awarded a US$1.45 million contract to DUG Technology to reprocess seismic data over its Philippines offshore permits, aiming to sharpen exploration prospects and attract farm-in partners.

Gas2Grid Limited is on the cusp of securing three key service contracts in the Philippines, aiming to revive its exploration activities despite looming ASX delisting. Meanwhile, its legal battle in France continues to unfold.