Aesen and Topline Group have formed Aesen Topline Offshore Corp., a joint venture that will provide offshore logistics, maritime support and project management services for offshore energy, marine construction and infrastructure projects in the Philippines. The new company combines Aesen’s experience in offshore maritime logistics, multi-vessel operations and project execution with Topline’s local market knowledge, regulatory […]
Philippine refiner Petron Corp. has received a shipment of Russian oil, according to its chief executive officer, after the US issued a waiver allowing the purchase of the crude. Petron CEO Ramon Ang confirmed the receipt of the oil from the OPEC+ member, but didn’t provide further details. The US earlier this month issued a sanctions […]
Philippines President Ferdinand Marcos said on Monday (Jan 19) that a “significant” discovery of natural gas had been made near the country’s sole producing offshore site.