AUSTRALIA

Stag, Scarborough deals close

QUADRANT Energy will stay in the saddle as the operator of the Stag oil field on the North West Shelf, despite the field now being wholly-owned by Asian oiler Mitra Energy.

Stag, Scarborough deals close

The move gives Mitra time to tick all the boxes as a qualified operator in Australia, and get comfortable with its new assets, while Quadrant will earn a fee for continuing in the role. Quadrant will...

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