Rules and Regulations for the Selection, Review and Approval of Farm-out of PNOC Exploration Corporation (PNOC EC) Petroleum Service Contracts (PSCs) in Favor of Third Parties and Farm-in of PNOC EC into Existing PSCs
WHEREAS, Section 2, Article XII of the Constitution declares that all minerals, petroleum and other mineral oils, and other natural resources are owned by the State, and that the exploration, development, and utilization of these resources shall be under the full control of supervision of the State;
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Published at:
BusinessWorld and the Manila Times
Date Published (mm/dd/yyyy):
03/06/2020