News

Prime Energy Resources Development B.V. today announced that it sealed an agreement with Abu Dhabi National Oil Company (ADNOC) Global Trading (AGT) to supply condensate to be produced at the Malampaya gas field. “This agreement with AGT establishes our force in the global petroleum industry, and we are privileged that AGT, one of the top […]

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Did you know that Mindoro Island, located in the Philippines, boasts a remarkable natural treasure? With 19% of its land covered in diverse forest types and hosting the world’s largest concentration of coastal fishes, corals, crustaceans, mollusks, seagrasses, and mangroves, Mindoro stands as a significant biodiversity hotspot. Scientists estimate that this lush island is home […]

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Prime Energy Resources Development B.V. (Prime Energy) recently named Donnabel Kuizon Cruz as…

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15 May 2023, Manila, Philippines — Following President Ferdinand R. Marcos, Jr.’s approval of the renewal of Service Contract No. 38 (“SC 38”), the Malampaya Deep Water Gas to Power Project is moving full speed ahead for new exploration and development. The renewal extends SC 38, which governs the Malampaya project, for fifteen (15) years, […]

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April 19, 2023: the Department of Environment and Natural Resources (DENR) confirmed that oil continues to leak from the MT Princess Empress which sank off the coast of Naujan, Oriental Mindoro last February 28. MT Princess Empress was carrying 800,000 liters of Industrial Fuel Oil (IFO). Of its 22 tanks, 11 have been sealed, 3 […]

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Monday, 8 May 2023

Ang hindi naiintindihan ng karamihan na sumuko na dito sa SMBB ay, hindi ito biglang yaman na proyekto. Hinde. Kailangan nating magsama-sama, mag-tiis, mag-tulungan, at sumunod sa mga patakaran…

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Tuesday, 25 April 2023

Prime Energy Resources Development B.V. (Prime Energy) is the 88th member of the International Association of Oil and Gas Producers (IOGP), a global forum for the upstream industry in the areas of health, safety, security, and environment (HSSE), engineering, industry, and energy transitions. As an IOGP member, Prime Energy now has access to privileges such […]

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Friday, 24 March 2023

Prime Energy successfully conducted a Turnaround (TA) for the Malampaya deep water gas-to-power project on February 4 to 18, 2023. This is Prime Energy’s First TA, better known externally as a maintenance shutdown, since Prime Energy took over operations from Shell Philippines Exploration B.V. (SPEX) in November of 2022, and Malampaya’s first turn around since […]

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Prime Energy Resources Development B.V. (Prime Energy), along with its consortium partners UC38 LLC and PNOC Exploration Corporation, continues to provide support to the Philippine

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PRIME ENERGY: WE’RE HERE TO STAY PRIME ENERGY sponsored “Powertrends 2023” – the 25th anniversary of the oldest and best-established energy forum in the Philippines. This marked Prime Energy’s first public introduction to its peers since Prime Infrastructure Capital Inc. (Prime Infra) acquired SPEX (Shell Philippines Exploration B.V.) – who operates Service Contract 38, the […]

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Mindoro Biodiversity Conservation Foundation Inc. (MBCFI) one of the social arms of Prime Energy won at the 6th annual Campaign’s Women Leading Change Awards (WLCA) for “Best CSR Campaign”

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Malampaya Foundation Inc. (MFI) a social arm of the Malampaya Joint Venture partners won at the Environmental Social Governance ESG Awards 2022 Unicepta last November 9, 2022 for

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Monday, 23 January 2023

On December 26, 2022, while on standby at a Malampaya location, a Prime Energy chartered vessel Lewek Hydra spotted a non-motorized boat with a man onboard. The distressed person turned out to be a fisherman who was drifting on the ocean for 2 days without food. The Hydra crew rescued him and was immediately attended […]

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The Department of Energy (DOE) paid a visit to the Malampaya Deep Water Gas-to-Power Project (Malampaya) Shallow Water Platform today to…

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Prime Infra Chairman, Enrique K. Razon Jr. (EKR) received a very warm welcome from the staff of the Malampaya Shallow Water Platform (SWP) as he landed at…

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Prime Infrastructure Capital Inc. (Prime Infra), through one of its subsidiaries, has completed its acquisition of the 45-percent operating stake in the Malampaya deep water gas-to-power project effective November 1, 2022. This after Prime Infra’s subsidiary assumed full ownership and control of Malampaya operator Shell Philippines Exploration B.V. (SPEX). The renaming of SPEX to Prime […]

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Combining the mindsets of continuous improvement and safety-first, Shell Philippines Exploration B.V. (SPEX) is set to complete the transfer of its helicopter base from Puerto Princesa to the newly-inaugurated aircraft hangar of INAEC Aviation Corporation inside Lio Airport in El Nido and begin hangar operations soon. “The safety and security of our people are of […]

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SPEX bagged two (2) esteemed awards in the 2021 Asia Corporate Excellence & Sustainability Awards (ACES). ACES is one of the most prestigious accolades that recognizes inspiring leaders and sustainability advocates cross-industry and across Asia. With his passion and genuine desire to empower Filipinos to progress, Don Paulino, SPEX’s chief integrator, coach, cheerleader and aircover, […]

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The European Chamber of Commerce Philippines (ECCP) awarded SPEX the Clean and Efficient Energy Award for its efforts in championing sustainable energy and powering Filipinos to progress in the recent Europa Awards 2021. According to ECCP, the prestigious Clean and Efficient Energy award was given to the company that has successfully incorporated the use of […]

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Archie Chua, one of Malampaya OGP’s operations engineers, was recently named as one of the Top 10 Outstanding Safety Professionals in the Philippines in the field of Safety Management Consultancy by the Ten Outstanding Cebu Architects and Engineers (TOCAE). Archie has been working for Shell for 20 years and 14 of that he spent working […]

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