President Ferdinand Marcos Jr. has signed the 15-year renewal agreement for the Malampaya Service Contract No. 38 (SC 38), allowing continued production in the Malampaya..
Tag Archives: SC38
Enrique Razon-led Prime Infra Holdings said it is poised to acquire a controlling stake in the Malampaya gas-to-power project in Palawan from Udenna Corporation of..
The MVP Group of Companies is keeping a close eye on the Malampaya gas field following the recent developments surrounding the controversial transactions of Udenna..
Sen. Sherwin Gatchalian has called for the amendment of Presidential Decree (PD) 87 or the Oil Exploration and Development Act of 1972 to include the..
Udenna Corporation said it can extend the Malampaya gas field’s operability beyond 2027, the original year in which its reserves were projected to be fully..
Surigao Del Sur Rep. Johnny Pimentel slammed the proposal of several groups urging the government to buy the 45% operating stake of Shell Philippines Exploration..
Udenna Corporation of Davao-based tycoon Dennis Uy has broken its silence defend its acquisitions of Chevron’s and Shell Philippines Exploration B.V.’s (SPEX) combined 90% stake..
The Department of Energy (DOE) may run into legal trouble if it continues to push through with approving Udenna Corporation’s purchase of the 45% share..
Three weeks before the Malampaya gas field’s scheduled maintenance shutdown, the Service Contract (SC) 38 Malampaya consortium cut its supply to its five dependent power..
Sen. Sherwin Gatchalian said that the government should put up the Malampaya gas-to-power project for auction once its Service Contract (SC) 38 expires in 2024...