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Philippines: Razon-led firm beefing up deal for majority stake in Malampaya gas field

Prime Infra Holdings, Enrique K. Razon Jr.โ€™s critical infrastructure arm, is poised to acquire a controlling stake in businessman Dennis Uyโ€™s Udenna-led Malampaya deep-water gas-to-power project, one of the biggest and most successful, commercial gas finds in the Philippines.
Enriquek Razon Jr Razon Group In Malampaya Department Of Energy Udenna Corporation Philippine National Oil Company Exploration Corporation Infra Holdings

Razon buying Uy's controlling stake in Malampaya field – Manila Bulletin

Razon-led Prime Infra Holdings Inc. has announced plan to acquire majority shares of the controlling stake held by Davao businessman Dennis Uy in the depleting Malampaya gas field project, of which Service Contract 38 (SC 38) will also expire in February 2024. Uy has 45 percent shareholdings in
Davao City United States Enriquek Razon Jr Department Of Energy Exploration Corp Infra Holdings Inc
Source: mb.com.ph

Razon's infra arm acquiring stake in Malampaya project from Udenna

PRIME Infra Holdings, Inc., led by Enrique Razon Jr., is acquiring a controlling stake in the Malampaya deep-water gas-to-power project from Davao businessman Dennis Uyโ€™s Udenna Corporation. A statement from the infrastructure arm of the Razon group said Thursday that the acquisition process has kicked off and will close subject…
Davao City Udenna Malampaya Enriquek Razon Jr Enrique Razon Jr Department Of Energy Infra Holdings Inc

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Razon firm eyes control of Malampaya gas field

Prime Infra Holdings Inc., the infrastructure arm of tycoon Enrique Razon, is eyeing a controlling stake in the Malampaya deep-water gas-to-power project as it begins negotiations with Davao businessman Dennis Uyโ€™s Udenna Corp., which controls 90 percent of the countryโ€™s biggest commercial gas project.
Davao City Enrique Razon Sherwin Gatchalian Department Of Energy Shell Petroleum Dennis Uy Udenna Corp

Situation 'fluid,' growth goals stay for now

THE national government intends to keep its economic growth targets for now despite the surge in commodity prices, according to the National Economic and Development Authority (Neda). Neda Undersecretary for Policy and Planning Rosemarie G. Edillon said the situation remains โ€œvery fluidโ€ and that it may still be early to…
United Arab Emirates Karl Kendrickt Chua Bangko Sentral Rosemarieg Edillon Economic Development Cluster Development Authority Neda

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