Tycoon Enrique Razon has obtained the green light from the Department of Energy to acquire a controlling stake in Dennis Uy’s Udenna-led Malampaya deep-water gas-to-power project in offshore Palawan, touted as the country’s energy crown jewel.
The prospective next operator of the Malampaya project is being required by the Department of Energy (DOE) to submit a four-year work program for ts application with the government for a license extension that would usher in the potential extraction of additional 1.0 trillion cubic feet (TCF) of gas
The House Committee on Appropriations has directed the Department of Energy (DOE) to submit this month the copy of the share purchase agreement (SPA) that was signed between Shell Petroleum N.V. and Malampaya Energy XP Pte. Ltd. (MEXP) for the government to evaluate what are the rights and obligatio
One of the major undertakings expected of Energy Secretary Raphael “Popo” Lotilla will be late-life and decommissioning concerns that come with the ageing of the Malampaya-Camago deep water gas-condensate fields.