Razon-led consortium commits $600M to continue Malampaya operations, dig new wells
MANILA, Philippines—The Malampaya consortium led by gas field operator Prime Energy Resources Development B.V. (Prime Energy) of tycoon Enrique Razon has committed an initial investment of $600 million to continue production and put new wells into commercial operation in 2026. According to Department of Energy (DOE) officials, the consortium operating the Malampaya deep-water gas-to-power project … Continue reading Razon-led consortium commits $600M to continue Malampaya operations, dig new wells
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