Maersk Drilling has won a contract worth $34million (£24.6m) with Shell Malaysia.
Two cyber campaigns have been identified that have been highly focused on particular parts of the oil and gas industry, using the same spyware Trojan, by security company Bitdefender.
Shell’s plans to sell as much as P29.7billion worth of shares on the Philippine Stock Exchange would be a landmark initial public offering (IPO) for the region.
Polyard Petroleum said it has completed testing of a well in the Philippines.
Shell Philippines is looking to raise up to $629million for what could be the country's third and largest initial public offering (IPO).
Red Emperor Resources has said the Hawkeye-1 exploration well in Palawin Basin in the Philippines has been performing well since being spud at the end of July.
A consortium led by Otto Energy is set to drill a deepwater exploratory well in the South China Sea. The company has a 78.18% interest in the permit issued by the Phillipine’s Department of Energy.