ASIA

Tamarind seeks tough challenges

TAMARIND Energy has been making a splash over the past year, buying 100% of the Tui Area oil fields in New Zealand, backing juniors Triangle Energy and South Pacific Resources and making a feast of “rats and mice” in a market where elephant-sized opportunities are in short supply.

Tui FPSO.

Tui FPSO.

The company is owned by former New Guinea Energy chairman Michael Arnett and ex-Talisman Energy Asia boss Ian Angell, who are looking to add value to some of Southeast Asian more complicated or mature...

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