Central & SE Asia / Australasia
Country summary: Philippines
| Current deals: | 3 |
| Licensing articles: | 39 |
| Completed deals: | 75 |
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Philippines - recent news
| 29 Mar 26 |
Philippines: Prime Energy reports new Malampaya wells on track for first gas by Q4 Prime Energy, operator of Service Contract No. 38 (SC 38), on March 26 said that it is on track to deliver first gas from the Malampaya Phase 4 (MP4) development by the fourth quarter of 2026, following President Ferdinand R. Marcos Jr.’s announcement of the successful drilling, completion and flow test of the Camago-3 well in offshore Palawan. |
| 03 Feb 26 |
Germany: Scatec JV reaches financial close for 80 MW BESS in the Philippines and prepares for construction start SN Aboitiz Power (SNAP), Scatec ASA’s joint venture with Aboitiz Renewables, the renewable energy arm of Aboitiz Power Corporation in the Philippines, has reached financial close and prepares for construction start of the 40 MW Binga (phase 2) and 40 MW Ambuklao battery energy storage systems (BESS). |
| 19 Jan 26 |
Philippines makes major gas discovery at Malampaya East, first in over a decade President Ferdinand R. Marcos Jr. on Monday announced the discovery of a major natural gas field at the Malampaya East 1 (MAE-1) reservoir, the first in over a decade, which is expected to significantly boost the country’s energy supply and strengthen long-term energy security. |
| 27 Nov 25 |
Philippines: ACCIONA Energía awarded auction for 281 MW of renewable energy in the Philippines ACCIONA Energía has been awarded a 20-year power supply contract for the full output of two renewable projects totaling 281MW in the Philippines, through Round 4 of the Department of Energy’s Green Energy Auction Program (GEAP). |
| 06 Nov 25 |
Philippines: Scatec JV in the Philippines awarded 68 MW floating solar project Scatec, a leading renewable energy solutions provider, and its joint venture partner Aboitiz Renewables, have been awarded a 20-year Power Purchase Agreement (PPA) for a 68 MW floating solar project in the Philippines under the Department of Energy’s Green Energy Auction Program 4 (GEA 4). |
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