Malampaya has been benefitting the Philippines in countless ways, including reducing oil imports, assuring a more stable supply of energy and a cleaner source of power, and meeting up to 30% of Luzon’s energy requirements.
The operation of Malampaya in the power stations’ full capacity of 2,011 megawatts is displacing an estimate of 1.35 million kilograms of CO2 per hour – a cleaner and more sustainable process, as compared to energy generation using coal or fuel oil.
Partners In The Vision
Project operator Shell Philippines Exploration B.V. (SPEX) and current joint venture partners PNOC Exploration Corporation and Udenna Corporation are responsible for the development and operation of the project’s upstream component. Shell has divested from SPEX with effect from November 1, 2022, and the change of name of SPEX to Prime Energy Resources Development B.V. is in process.