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Blade forms Philippines JV |
Blade Petroleum announced today that it has formed a strategic alliance by way of a joint venture with VenturOil in order to to pursue business opportunities in The Philippines.
"The Philippines is an important focus area for us and Blade's strategic relationship with VenturOil provides our investors with a significant competitive advantage and an immediate local presence. The Philippines is widely recognised as one of the most attractive areas in South East Asia and we look forward to working with all of our local partners to build an exciting portfolio in the region", commented Dermot O'Keeffe, CEO and Managing Director of Blade Petroleum. |
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