Prime Energy said all concerned parties of the Malampaya deep water gas-to-power project, including the joint venture partners in the consortium and the Department of Energy, agreed that urgent action was needed to address the depleting supply of-- READ:
industry leaders to ensure the long-term success of its multi-year exploration and development programs.
The advisory council will provide technical expertise and assist the management team headed by Prime Energy general manager Sebastian Quiniones in crafting necessary structures for implementation and serve as a sounding board for fundamental actions such as engaging with authorities. Buenaventura was instrumental in guiding the various oil majors to invest and develop the Malampaya project in the Philippines.
Also part of the advisory council guiding Prime Energy is former Shell Project Manager for Malampaya Phase 2 and 3 Antoine Bliek. The company said the success of the multi-year exploration and development programs of Prime Energy would be made possible through the full support of parent company Prime Infra, the newly-formed advisory council, the DOE and the Malampaya consortium partners.
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