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Filipinas Systems, Inc. (FSI) Awarded First Coal Operating Contract in BARMM
Oct 24, 2024•over 1 year ago
Contract Type
contract
Lanao Del SurEnergyOil And GasRenewable Energy
Description
The Department of Energy (DOE) and the Bangsamoro Ministry of Environment, Natural Resources, and Energy (MENRE) have awarded Filipinas Systems, Inc. (FSI) with the very first coal operating contract (COC) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). This landmark moment reflects the collective commitment to advancing energy development and resource management in the region, empowering BARMM to play a key role in the country’s energy future. The contract will also contribute to the country's energy self-sufficiency and lessen dependence on foreign sources of coal.
Company Information
Company
Filipinas Systems (FSI)
Location
Lanao Del Sur, Philippines
About
Filipinas Systems, Inc. (FSI) is the company awarded with the very first coal operating contract (COC) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). FSI will be conducting coal exploration in Kapai and Tagoloan II, Lanao del Sur, representing a significant milestone in BARMM’s energy development.
Predictive Intelligence
Strategic
ML-powered predictions for Filipinas Systems (FSI)'s next move
Lanao Del SurEnergyOil And GasRenewable Energy