Offshore staff

KUALA LUMPUR, Malaysia – Tamarind Resources has acquired Nido’s GPC and NPG subsidiaries, giving it 55.88% equity and operatorship of the Galoc oil field offshore the Philippines.

Nido’s Manila-based team has transferred to Tamarind, which is seeking to take Galoc into a new phase of development, including optimization and expansion opportunities.
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Currently four wells produce oil through the FPSO Rubicon Intrepid which has a 450,000-bbl storage capacity.

09/10/2018