Razon-led consortium investing $180M to extend Malampaya life

The consortium members of the Malampaya gas field, led by Prime Energy Resources Development BV, are coughing up an additional $180 million to extend the gas field’s production life. The Service Contract 38 (SC 38) Consortium led by tycoon Enrique Razon tapped Dutch firm Allseas Nederland to link the two new wells to the Malampaya
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