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[ArticleID] => 273214
[Title] => Shell matches offer for PNOC-ECs 4.9% stake in Malampaya
[Summary] => The consortium operating the $4.5-billion Malampaya deep water to gas power project led by the Shell Philippines Exploration B.V. (SPEX) will match the offer made by the group of LG International Corp. of Korea for the purchase of 4.9-percent stake of the PNOC-Exploration Corp. (PNOC-EC) in the project.
In a disclosure to the Philippine Stock Exchange (PSE), PNOC-EC general counsel Elpidio Gamboa Jr. said the SC 38 operator decided to exercise their right to match the offer of LG International.
[DatePublished] => 2005-04-09 00:00:00
[ColumnID] => 133272
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[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
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[ArticleID] => 271529
[Title] => COP okays sale of governments 4.9% stake in Malampaya project
[Summary] => The Committee on Privatization (COP) council has approved the sale of the 4.9-percent stake of PNOC-Exploration Corp. (PNOC-EC) in the $4.5-billion Malampaya deep water gas-to-power project to a Korean consortium led by LG International Corp. (LGI).
PNOC-EC, a subsidiary of state-owned Philippine National Oil Co. (PNOC), owns a 10-percent interest in Service Contract (SC) 38 or the Malampaya project. The majority owners and lead operators of the Malampaya project are Shell Philippines Exploration B.V. (Spex) and Chevron Texaco.
[DatePublished] => 2005-03-24 00:00:00
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[AuthorName] => Donnabelle L. Gatdula
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DAESUNG E
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[ArticleID] => 273214
[Title] => Shell matches offer for PNOC-ECs 4.9% stake in Malampaya
[Summary] => The consortium operating the $4.5-billion Malampaya deep water to gas power project led by the Shell Philippines Exploration B.V. (SPEX) will match the offer made by the group of LG International Corp. of Korea for the purchase of 4.9-percent stake of the PNOC-Exploration Corp. (PNOC-EC) in the project.
In a disclosure to the Philippine Stock Exchange (PSE), PNOC-EC general counsel Elpidio Gamboa Jr. said the SC 38 operator decided to exercise their right to match the offer of LG International.
[DatePublished] => 2005-04-09 00:00:00
[ColumnID] => 133272
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[AuthorName] => Donnabelle L. Gatdula
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[ArticleID] => 271529
[Title] => COP okays sale of governments 4.9% stake in Malampaya project
[Summary] => The Committee on Privatization (COP) council has approved the sale of the 4.9-percent stake of PNOC-Exploration Corp. (PNOC-EC) in the $4.5-billion Malampaya deep water gas-to-power project to a Korean consortium led by LG International Corp. (LGI).
PNOC-EC, a subsidiary of state-owned Philippine National Oil Co. (PNOC), owns a 10-percent interest in Service Contract (SC) 38 or the Malampaya project. The majority owners and lead operators of the Malampaya project are Shell Philippines Exploration B.V. (Spex) and Chevron Texaco.
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[AuthorID] => 1096364
[AuthorName] => Donnabelle L. Gatdula
[SectionName] => Business
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[URL] =>
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abtest
By Donnabelle L. Gatdula | April 9, 2005 - 12:00am
By Donnabelle L. Gatdula | March 24, 2005 - 12:00am
Recommended
The DOJ has approved the filing of 44 criminal tax cases against three former DPWH officials linked to the flood control scandal.
2 days ago
Following the completion of repairs at the Padre Faura pumping station, two more facilities along Roxas Boulevard will be fixed by early July, according to the Department of Public Works and Highways.
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Public Works Secretary Vince Dizon has ordered a fresh round of reassignments at the bureau, regional and district engineering office levels of the Department of Public Works and Highways (DPWH) to fill vacancies created by the continuing retirement of senior officials.
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The Sandiganbayan Sixth Division has upheld its decision blocking former public works officials in Region 4 from seeking an early dismissal of malversation and falsification charges tied to an infrastructure project.
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Disregarding recommendations of the Independent Commission for Infrastructure, Public Works Secretary Vince Dizon has sustained the power of regional directors and district engineers to disburse funds of the Department of Public Works and Highways.
6 days ago
Lotto Jun 26, 2026
EZ2/LVM - 16 24
SUERTRES - 6 5 9
4D LOTTO - 0 4 0 7
6/45 Mega Lotto - 9 41 22 45 5 10
P83,005,546.00
Grand Lotto - 53 54 44 57 51 7
P128,000,000.00
Forex
February 12, 2018
- 12:00 am
- 12:00 am
1$ : P51.66









