Exploration & Production

Shell country CFO calls for more exploration in Philippines

The chief financial officer of Shell Philippines Exploration has called for more effort to be put into exploration in the Philippines.
By Staff reporter 26 October 2018 0 33073

The chief financial officer of Shell Philippines Exploration, Lorelie Quiambao Osial, has called for more effort to be put into exploration in the Philippines to ensure a reliable energy supply in the country, according to the Philippine News Agency.

The Philippines needs to find fields similar to the Malampaya field that can provide the country with significant reserves.

Osial said low oil prices and geopolitical issues with China have stalled progress in the Philippines, and that the government needs to provide...