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Oil & Gas

First gas produced from deepwater Malampaya project in Philippines

Prime Energy has achieved first gas from two deepwater wells in the Philippines to supply energy to the Luzon grid.

FTMQ Climate, written by our newsroom0 views

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Picture: Offshore Energy

Prime Energy Resources Development has produced first natural gas from the Malampaya Phase 4 project off the coast of Palawan in the Philippines, Offshore Energy reported. The development brought gas online from the Malampaya East-1 and Camago-3 wells into the existing Malampaya production system. [1]

The nearly 1 billion dollar deepwater development aims to supply power to the Luzon grid and extend the productive life of the field, according to Offshore Energy. Prime Energy, a subsidiary of Prime Infrastructure Capital, stated that the achievement unlocks fresh reserves to bolster national energy independence. [1]

Southeast Asia is a subregion of Asia located south of China, east of the Indian subcontinent, and northwest of mainland Australia. As FTMQ Climate reported earlier, British International Investment recently targeted 1.6 billion dollars for climate and renewable energy projects in the region, including in the Philippines. [2][4]

Offshore platforms, drilling rigs, and wells represent potential sources of marine oil spills, which involve the release of liquid petroleum hydrocarbons into coastal or ocean environments. Prime Energy described the new milestone as part of sustaining the broader role of the Malampaya consortium. [1][3]

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In short

  • Prime Energy achieved first gas from the Malampaya Phase 4 project off Palawan in the Philippines.
  • The project integrates production from the Malampaya East-1 and Camago-3 wells into the main grid.
  • The deepwater project represents an investment of nearly 1 billion dollars to supply the Luzon grid.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]First gas gushes out of Southeast Asian deepwater projectOffshore Energy, 2d ago (the report this story comes from)

Background

  1. [2]Southeast Asia on Wikipedia
  2. [3]Oil spill on Wikipedia
  3. [4]British finance group targets 1.6 billion dollars for Southeast Asian climate FTMQ Climate, 27d ago

Our newsroom writes these reports with the help of software, from the 4 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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