Friday, May 1, 2026
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Tag: Prime Energy Resources Development B.V.

It’s time to revisit other PH natural gas prospects

More gas deposits may be found beneath our seas. The Philippines is giving itself another shot at exploring and developing the natural gas industry. Except for...

Malampaya phase 4 gets significant project status

Prime Energy Resources Development B.V., a subsidiary of businessman Enrique Razon Jr.’s Prime Infrastructure Capital Inc., said Wednesday it reached a pivotal milestone in...

Prime Energy awards $69.9-m contract for new Malampaya drilling

Prime Energy Resources Development B.V. (Prime Energy) said Friday it awarded a major contract for the Malampaya phase IV project to Noble, one of...

Malampaya awards major contracts for Phase 4 drilling

Prime Energy Resources Development B.V. (Prime Energy) of businessman Enrique Razon Jr.  has awarded a contract to One Subsea (of the Schlumberger group) for...

Malampaya, First Gen units sign gas supply deal

PRIME Energy Resources Development B.V. on Friday announced the signing of a long-term gas sale and purchase agreement (GSPA) by the Malampaya Consortium with...

Prime Energy spending $187m in Malampaya

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...

Prime Energy marks Malampaya’s 22-year safety milestone

PRIME Energy Resources Development B.V. said Monday it marked 22 years of “Goal Zero” at the Malampaya Onshore Gas Plant (MOGP) in Batangas on...

Malampaya operator supports bill on gas industry

Prime Energy Resources Development B.V., operator of the Malampaya Deepwater Gas to Power project, said over the weekend it fully supports Senate Bill No....

Prime Energy topped Malampaya’s target output in Q2

Prime Energy Resources Development B.V. said Tuesday it exceeded its second-quarter target output because of efficient maintenance activities and equipment integrity in the Malampaya...

Malampaya consortium investing $600m

The Malampaya consortium led by gas field operator Prime Energy Resources Development B.V. of businessman Enrique Razon Jr. is looking at initial investments of...

Prime Energy joins global association of gas producers

Prime Energy Resources Development B.V. said Thursday it became the 88th member of the International Association of Oil and Gas Producers—a global forum for...

Malampaya consortium remitted $13b to government since project’s inception

Prime Energy Resources Development B.V. said Wednesday the Malampaya deepwater gas-to-power consortium remitted about $13 billion to the government since the project’s inception. “The Service...

Prime Energy readies measures for 2-week Malampaya shutdown

Prime Energy Resources Development B.V. said Friday it is undertaking preparatory measures for the two-week scheduled maintenance shutdown of the Malampaya Deep Water Gas-to-Power...

Prime Energy forms panel of experts to sustain Malampaya operations

Malampaya operator Prime Energy Resources Development B.V. said Tuesday it created an advisory council composed of technical experts and key industry leaders to ensure...
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