Pre-commissioning of the floating production, storage and offtake vessel Rubicon Intrepid is continuing in Batangas, 120km south of Manila, while verification of readiness for hook-up of the FPSO to mooring and riser system is ongoing.
Nido had said in February that production from the field would occur behind schedule in about two months' time due to technical issues while completing the Galoc-3 development well.
Once production begins, output from Galoc is expected to be more than 15,000 barrels of oil per day.
Nido has a 23% stake in Galoc while field partner Otto Energy has a stake in the project via the acquisition of a 31.38% shareholding in Galoc Production Company, which is operator, and holds a 58.29% stake in the development in offshore Palawan Basin service contract SC14C.
Other members of the consortium are Alcorn Gold Resources, Forum Energy, Oriental Petroleum, PetroEnergy Resources and Philodrill.
