A technical hiccup due to a pipe falling into a well has affected the pace of ongoing drilling at the Malampaya gas field, according to a highly placed source whose organization is part of the Service Contract (SC) 38 consortium for the project. The source indicated that “there had been technical...
For years, Malampaya has been like a reality show where nobody knows if there's still gas left—just a lot of suspense and expert "guesses." But this year, the season finale may finally drop—and it's interesting to see if we'd struck energy gold or we're up for a frustrating plot...
As the Taguig regional trial court (RTC) has junked the bid for injunctive relief of the Malampaya consortium members, power utility giant Manila Electric Company (Meralco) indicated that it is already planning to reschedule the competitive selection process (CSP) or bidding for the procurement of...
State-run Philippine National Oil Company (PNOC) is seeking the allocation of P6.02 billion supplemental budget so it can have ready financial capacity to cough up investment in case one of the consortium-members in the Malampaya gas field project would face snags in its capital contribution to the...
The development of indigenous gas should remain an integral part of Philippine policy as it aids in lowering electricity prices in times of low supply due to bad weather conditions, an official from Razon-led Prime Energy Resources Development (Prime Energy) said. Donnabel Kuizon Cruz, Prime...
As supply in the Luzon grid remains wobbly, the Energy Regulatory Commission (ERC) indicated that it will finally act on the deferred pass-on of cost recoveries for the new gas sale and purchase agreement (GSPA) on fuel for power generation lifted from the Malampaya gas field. “On the GSPA,...
Malampaya project operator Prime Energy Resources Development B.V. has awarded $69.9 million worth of contract to American firm Noble for the planned drilling of at least three new wells in the aim to reinforce gas production at the depleting field. On the company’s announcement, it indicated...
The Upper Wawa Dam operator has assured it will provide ample water supply to Greater Metro Manila, especially during the dry season. In a statement on Friday, March 1, Prime Infrastructure-led WawaJVCo Inc. said that the Upper Wawa Dam flagship project is only a few steps away from completion, and...
Gas field operator Prime Energy Resources Development B.V. (Prime Energy) has announced the award of a contract to US firm subsidiary One Subsea of the Schlumberger group, for the supply of equipment for phase 4 drilling in the extended Malampaya project. The supply of equipment, according to the...
Razon-led Prime Energy is sorting out ‘rigorous routine maintenance inspections’ and plant shutdowns at the Malampaya facility as a preparatory step for planned fresh round of exploration and drilling activities for the extended production life cycle of the gas field. “For a facility with...
Gas supply from the Malampaya field has resumed and started feeding to the gas plants on Friday (February 23), , as affirmed by the gas-offtakers (buyers) and the Department of Energy (DOE). The four-day zero gas production from February 19-23 had earlier prompted full shift to liquefied natural...
Gas-fired power plant operators have raised concerns over the ‘zero’ gas production rate at the Malampaya gas field which started last February 19 (Monday), because the shift to alternative fuels may trigger surge in electricity rates in the forthcoming billing cycles. A source from the...
