December 22, 2023

Prime Energy spending $187m in Malampaya

By Alena Mae S. Flores – December 21, 2023, 9:30 pm from manilastandard.net Prime Energy Resources Development B.V. (Prime Energy) controlled by businessman Enrique Razon Jr. budgeted $187 million for 2024 capital expenditures mainly for well preparations under Phase 4 […]
July 25, 2023

DoE: New Malampaya deal opens doors to more projects

By Alena Mae S. Flores – July 24, 2023, 9:25 pm from manilastandard.net The Department of Energy on Monday identified the renewal of the Malampaya service contract as one of the major accomplishments of the Marcos administration that focus on […]
July 6, 2023

Malampaya consortium to drill 2 new wells

By Alena Mae S. Flores – July 5, 2023, 7:05 pm from manilastandard.net The Malampaya consortium led by Prime Infrastructure Capital Inc. of businessman Enrique Razon Jr. is on schedule in its work program which includes the drilling of two […]
May 17, 2023

Malampaya consortium to invest $630 M

BY MYRNA M. VELASCO – May 16, 2023 04:33 PM from Manila Bulletin AT A GLANCE The investment pipeline for the Malampaya field is under subhase-1 of its work program submitted to the Department of Energy (DOE) and it will […]