Shell, Oxy sign Malampaya pacts

Shell Philippines Exploration BV and Occidental Philippines Inc. have signed commercial agreements for a giant gas field development and linked power generation scheme in the Philippines. Shell and Oxy have been negotiating for several years for power projects to enable development of Malampaya and Camago gas finds, which have combined estimated reserves of about 4 tcf of gas (OGJ, Oct. 10, 1994, p. 38).

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