Razon Group to buy 30% stake in WPS oil exploration firm

Oct 20, 2026

MANILA, Philippines — The Razon Group is acquiring a 30-percent stake in a company that holds a service contract to harness petroleum resources in the West Philippine Sea. On Tuesday, Apex Mining Co. Inc. informed the local bourse that Prime Oil and Gas Inc. offered to acquire a 30 percent participating interest in Service Contract 72

MalaysianTalks is a platform for every Malaysian to get the latest updates and insights on the entertainment news. We set out a mission to be Malaysia’s leading entertainment site.