Forum Energy Plc

Type: Company
Name: Forum Energy Plc
First reported Jul 21 2014 - Updated Jul 21 2014 - 2 reports

DND to protect British firm behind drilling ops in Recto Bank

MANILA, Philippines - The Defense Department will provide security to Forum Energy, the British firm conducting drilling operations in Recto (Reed) Bank, amid China’s strong opposition to the project.“Within our capability we will be able to extend all ... [Published Philippine Star - Jul 21 2014]
First reported Jul 18 2014 - Updated Jul 19 2014 - 1 reports

New AFP chief vows to improve re-supply in West Phl Sea

MANILA, Philippines - Newly-installed Armed Forces chief Lt. Gen. Gregorio Catapang vowed to find ways to support soldiers securing Philippine territories in the West Philippine Sea (South China Sea) amid China’s efforts to shore up its presence in the ... [Published Philippine Star - Jul 18 2014]
First reported Jul 18 2014 - Updated Jul 18 2014 - 3 reports

Philex Pet, China oil firm restart talks

MANILA, Philippines - Philex Petroleum Corp. has restarted talks with the state-run China National Offshore Oil Corp. (CNOOC) for a potential partnership in the resource-rich Recto Bank in Northwest Palawan.The locally listed petroleum firm plans to invest ... [Published Philippine Star - Jul 18 2014]
First reported Jul 17 2014 - Updated Jul 17 2014 - 1 reports

‘Oil drilling at Recto Bank won’t affect claims case’

By SAMMY JULIANManila News Bureau ChiefMANILA — The government’s decision to extend Forum Energy’s permit to conduct oil drilling at the Recto (Reed) Bank will not affect the case it filed challenging China’s territorial claims over West Philippine S ... [Published Panay News - Jul 17 2014]
First reported Jul 15 2014 - Updated Jul 15 2014 - 1 reports

PH rebukes China on Recto Bank drilling: ‘We own it’

Like and/or Share This Article: [embedded content]MANILA, Philippines – In what appears to be a reversal of role, this time it is the Chinese government’s turn to protest over a supposed illegal activity that has yet to start in disputed waters, and ... [Published Kicker Daily News - Jul 15 2014]
First reported Jul 14 2014 - Updated Jul 14 2014 - 1 reports

China slams PH extension of Forum Energy's drilling plan

China insists that any drilling of oil and gas by foreign companies in the disputed South China Sea without its permission is "illegal."The comment came after the Philippine government approved a one-year extension for London-listed Forum Energy's drilling ... [Published ABS-CBN News - Jul 14 2014]
First reported Jul 11 2014 - Updated Jul 11 2014 - 2 reports

Forum Energy confirms SC72 license extension

Offshore staffHOUSTON – Forum Energy has confirmed that the Philippine Department of Energy has granted the company's request for an extension to the second sub-phase of Service Contract 72 (SC72).The deadline for completion of the second sub-phase, ... [Published Offshore oil and gas - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 11 2014 - 3 reports

China hits Philippines over extended oil drilling

The Philippines extends the permit of Forum Energy, a Pangilinan-led company, to conduct oil drilling activities in the disputed South China Sea'INDISPUTABLE SOVEREIGHTY.' Chinese Foreign Ministry spokesman Hong Lei says China's permission is needed for ... [Published Rappler - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 11 2014 - 3 reports

China: PH drilling in disputed sea ‘illegal’ – Solar News PH

Beijing, China (Reuters) – China said on Thursday (July 10) that any drilling of oil and gas by foreign companies in the disputed South China Sea without its permission was “illegal.” The comment came after the Philippine government approved its London-listed ... [Published MaritimeSecurity.Asia - Jul 11 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 2 reports

China, US to boost security ties, but no breakthroughs

US Secretary of State John Kerry (L) meets with China’s President Xi Jinping before a meeting at the Great Hall of the People in Beijing on July 10, 2014. (AFP PHOTO / POOL) Beijing, Reuters—China and the United States agreed on Thursday to boost ... [Published ASHARQ AL-AWSAT ( english) - Jul 10 2014]
Entities: China, Beijing, John Kerry
First reported Jul 10 2014 - Updated Jul 10 2014 - 4 reports

South China Sea gas exploration project extended

Forum Energy said the Energy department granted its request for more time to fulfill its obligation under the second sub-phase of Service Contract (SC) 72.“The deadline for completion of the second sub-phase, comprising the drilling of two appraisal wells, ... [Published Business World - Jul 10 2014]
First reported Jul 09 2014 - Updated Jul 10 2014 - 8 reports

Forum Energy gets extension for its SC72 work progam offshore Philippines

LONDON -- Forum Energy, confirmed that the Philippine Department of Energy has granted the Company' s request for an extension to the second sub-phase of Service Contract 72(SC72).The deadline for completion of the second sub-phase, comprising the drilling ... [Published World Oil - Jul 10 2014]

Quotes

...Hanoi have to be discussing what they can do to stop the Chinese from stealing their maritime territory and the Vietnamese future," Friedman says. "The issue of a serious military response has to be onon the table in Vietnam."
" 'Yung magpapaalam sa kanila, ibig sabihin sa kanila yung area. E maliwanang namang sa atin yung area. Ngayon, inaantay na lang natin yung decision ng arbitral court para malaman natin kung sino ang may marine entitlement in this area. Malalaman natin ," Gazmin told reporters."
"They're a major oil firm in China that has an experience in oil exploration and drilling. They're a fully-integrated oil company so they'll bring the level of expertise we don't have ourselves. Of course, they could provide or procure the funding, looking to them for assistance in procuring and providing fund in case there's gas and in the development of the gas field we would look to them" Pangilinan said, referring to CNOOC
"We have sent feelers to CNOOC to say it is appropriate to resume discussions, because that will be a factor as well" said Pangilinan. "It will determine our own plans until 2016." CNOOC officials have yet to reply...

More Content

All (67) | News (62) | Reports (0) | Blogs (5) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Investment plan for West Linapacan due this year [Published Business World - 21 hours ago]
Removing Chinese Oil Rig Won’t Cool China-Vietn... [Published TheStreet.com - 22 hours ago]
Removing Chinese Oil Rig Won’t Cool China-Vietn... [Published The Street Latest - 22 hours ago]
DND to protect British firm behind drilling ops... [Published Philippine Star - Jul 21 2014]
No need for China OK of Reed Bank project: Gazmin [Published ABS-CBN News - Jul 21 2014]
PH dismisses new China protest over drilling in... [Published Rappler - Jul 21 2014]
Philex still wooing CNOOC for joint venture [Published Manila Bulletin - Jul 19 2014]
Philex Pet, China oil firm restart talks [Published Philippine Star - Jul 18 2014]
Philex Petroleum unit revives talks with CNOOC ... [Published Interaksyon - Jul 18 2014]
Tycoon revisits Chinese partner for gas explora... [Published Nikkei Asian Review - Jul 18 2014]
New AFP chief vows to improve re-supply in West... [Published Philippine Star - Jul 18 2014]
‘Oil drilling at Recto Bank won’t affect claims... [Published Panay News - Jul 17 2014]
PH rebukes China on Recto Bank drilling: ‘We ow... [Published Kicker Daily News - Jul 15 2014]
Govt clears MVP s oil drilling venture [Published Manila Standard Today - Jul 14 2014]
PH proceeding with Reed Bank project [Published Manila Times - Jul 14 2014]
Philippines tells China: Reed Bank is ours [Published Philippine Star - Jul 14 2014]
PHL rebuffs China over Reed Bank oil exploration [Published GMA News Online - Jul 14 2014]
China slams PH extension of Forum Energy's dril... [Published ABS-CBN News - Jul 14 2014]
The Philippines offer US$1.5bn to modernize its... [Published Want China Times - Jul 13 2014]
China bars oil drill in WP sea [Published Manila Standard Today - Jul 12 2014]
Forum Energy confirms SC72 license extension [Published Offshore oil and gas - Jul 11 2014]
Forum Energy drilling sked given one-year exten... [Published Manila Bulletin - Jul 11 2014]
China hits Philippines over extended oil drilling [Published Rappler - Jul 11 2014]
China: PH drilling in disputed sea ‘illegal’ – ... [Published MaritimeSecurity.Asia - Jul 11 2014]
REUTERS - China, US to boost security ties, but... [Published Zaman - Jul 10 2014]
Forum Energy Granted SC72 Licence Extension [Published Gulf Oil And Gas - Jul 10 2014]
South China Sea gas exploration project extended [Published Business World - Jul 10 2014]
PH stocks up 0.48% [Published Malaya Business Insight - Jul 10 2014]
Forum Energy to extend exploration in Reed Bank [Published Manila Times - Jul 10 2014]
Forum Energy extends program offshore the Phili... [Published Energy Global - Jul 10 2014]
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China: PH drilling in disputed sea ‘illegal’ – ... [Published MaritimeSecurity.Asia - Jul 11 2014]
Beijing, China (Reuters) – China said on Thursday (July 10) that any drilling of oil and gas by foreign companies in the disputed South China Sea without its permission was “illegal.” The comment came after the Philippine government approved its London-listed ...
World Maritime Brief, 16 May 2014 [Published MaritimeSecurity.Asia - May 16 2014]
Canada / NATO:   “Standing NATO Maritime Group ONE Gains Three Frigates” NATO Press Release, 12 May 2014 Standing NATO Maritime Group One (SNMG1) is being joined by three additional frigates this coming week as it prepares to support NATO maritime ...
Frontrunning: April 25 [Published Zero Hedge - Apr 25 2014]
Russia raises interest rates to 7.5% ( FT ) Shanghai to Allow Raw Material Exchanges in Trade Zone ( BBG ) US, Japan Fail to Clinch Trade Deal ( WSJ ) 'We don't have a magic wand', says ECB's Constancio ( Reuters ) Tokyo Inflation Quickens to Fastest ...
Pangilinan offers Spratlys to Chinese oil firm ... [Published MaritimeSecurity.Asia - Mar 11 2014]
(Conclusion) Business tycoon Manuel Pangilinan offered China’s state-owned oil firm access to the Spratly group of islands in the South China Sea over which the Philippines has a territorial claim, although he had no legal capacity to do so. Pangilinan, ...
Triggers to bring back investment in E&P [Published Proactiveinvestors United Kingdom website - Feb 14 2014]
There’s a good chance that many readers’ investments in E&P have disappointed in recent years. Even the super-sluggish Supermajors and mid-sized companies such as BG and Oxy have delivered better shareholder returns (often through nothing more than ...
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