Tamarind Energy armed with US$800mil eyes Malaysia as home base


PETALING JAYA: Oil and gas (O&G) start-up Tamarind Energy, armed with an US$800mil (RM2.52bil) war chest from a recent deal with Blackstone, is making Malaysia its home base, riding on Petroliam Nasional Bhd’s (Petronas) efforts to ramp up domestic production in new and mature fields.

Chief executive officer Ian Angell told StarBiz that he expected to work closely with Petronas and for Malaysia to be Tamarind Energy’s largest country of investment.

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