DOE endorses 3 petroleum service contracts in WPS

DOE endorses 3 petroleum service contracts in WPS

The Department of Energy has endorsed the awarding of three new petroleum service contacts located in the West Philippine Sea to the Office of the President.

Last October, President Rodrigo Duterte lifted the moratorium on oil and gas exploration in the West Philippine Sea.

“These activities are concrete and explicit forms of the enforcement of sovereign rights consistent with our real gains in the South China Sea Arbitral Award,” Cusi said in a statement Friday.

He said the service contracts are all in exploration stage, which activities include study of the geological and geophysical characteristics of the area and the conduct of on-site survey and drilling activities.

“The DOE is consistently monitoring the progress of each project and ensuring that the service contractors’ commitments are being fulfilled,” Cusi said. (PNA)

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