Nido Petroleum (ASX: NDO) — Company Overview, News & Financial Data
Nido Petroleum is a petroleum exploration and production company focused on upstream oil and gas assets in Southeast Asia, primarily within the Palawan Basin of the Philippines.
Nido Petroleum
Nido Petroleum is a petroleum exploration and production company focused on upstream oil and gas assets in Southeast Asia, primarily within the Palawan Basin of the Philippines. The company engages in offshore oil development, exploration drilling, and crude oil production from key offshore fields. Nido Petroleum operates through joint venture agreements and service contracts to discover and extract petroleum reserves across shallow and deepwater marine acreage. Its activities encompass field development, reservoir management, offshore logistics, and energy production, supporting regional fuel supply requirements across its operated and non-operated offshore concession areas.
Snapshot
Operations
Products and/or services of Nido Petroleum
- Crude Oil Production: Commercial extraction and offshore production of crude oil from shallow and deepwater offshore fields in the Philippines, using floating production storage and offloading vessels and subsea wellhead infrastructure.
- Offshore Hydrocarbon Exploration: Geological survey analysis, 3D seismic data acquisition, and exploratory drilling campaigns across offshore permit areas in Southeast Asian marine basins to identify, map, and evaluate prospective subsea hydrocarbon reservoirs.
- Field Development and Appraisal: Subsurface appraisal, engineering design, and redevelopment planning for discovered offshore oil fields to reactivate dormant wells, increase recovery factors, and convert contingent resources into commercial petroleum production reserves.
- Petroleum Service Contract Operations: Joint venture operational management, regulatory licensing, and concession administration across offshore exploration and production blocks under petroleum service contracts with national energy authorities in Southeast Asian marine basins.
- Reservoir Engineering and Asset Optimization: Technical reservoir characterization, fluid dynamic modeling, and field development planning designed to maximize ultimate hydrocarbon recovery and extend operational lifecycles for mature offshore oil and gas production assets.
- Offshore Infrastructure and Logistics Management: Technical management of offshore marine logistics, floating production facility operations, subsea pipeline systems, and tanker offloading procedures to maintain continuous crude oil extraction and maritime transport safely.
Nido Petroleum executive team
- Mr. Mathew Graeme EdwardsFounder, MD & Director
- Mr. Thomas HerringChief Financial Officer
- Mr. Adam Nathan LaiCEO & Executive Director
- Ms. Kylie MorrisOperations Director
- Mr. Tom MitchellChief Technology Officer
- Ms. Megan RowePeople Director
- Ms. Naomi BrowneChief of Staff
- Ms. Trinh BuiSpecial Counsel & Company Secretary