MANILA (AFX-ASIA) – Shell Philippines Exploration BV (Spex) expects to spend US$300 to 400 million developing the Malampaya-10 oil wells in offshore Palawan, if the project proves to be commercially viable, Spex managing director Jeremy Cliff said. The extended well test is still underway so it remains to be seen if the oil rim is…
PHILIPPINES: Shell Philippines sees US$300-400 million investment in Malampaya wells
Posted on October 29, 2002 by EnergyAsia