Tamarind is pleased to announce that we recently acquired Nido's GPC and NPG entities and now have 55.88% equity and operatorship of the Galoc field, offshore Philippines. We're adding to our growing portfolio and we are keen to delve into the opportunities this field holds.
With this acquisition, we welcome a dedicated Manila-based team to our organization and their expertise will be valuable as they have been with the asset for many years. Their knowledge and experience will complement Tamarind's existing skill set to maintain the field's excellent operational performance and to advance Galoc into a new phase of development.
The Galoc Oil Field has 4 producing wells that flow into FPSO Rubicon Intrepid which has a 450,000 bbl storage capacity. We look forward to extending the life of this asset with a range of optimization and development opportunities.
Check out the full August issue on the Waterford Press website.
Tamarind is pleased to announce that it has entered into a contract with COSL Drilling Europe AS for the semi-submersible rig, Hai Yang Shi You 982 (“HYSY 982”). The contract consists of three (3) firm wells, and options to extend the contract terms for up to one (1) optional side-track development well and up to one (1) optional exploration well, all to be drilled within the Tui permit. The drilling program is due to commence in Q2/Q3 2019.
Tamarind is very pleased to be using this new, sixth generation unit, that will bring a new level of sophistication in the drilling of offshore wells in New Zealand. Tamarind is excited by the potential that this campaign brings and to be undertaking this program with COSL, who will provide a rig that meets the highest health, safety, environmental and performance standards.
Each summer the TSB Festival of Lights transforms Pukekura Park (one of New Zealand's premier botanical gardens) into a magical, illuminated wonderland of multi-coloured lights gleaming amongst the trees. Our New Plymouth staff are lucky to be able to attend the festival - along with at least 100,000 others each year.
It runs for seven weeks and there are events for everyone in the family. It's a great excuse to grab a picnic and meet with friends to catch some live music on those lovely summer nights.
That's why we're excited to announce that Tamarind will be sponsoring the Fred Parker Lawn Stage this year! It's a great chance to get behind an incredible local event put on by the New Plymouth District Council and we're pleased to have the opportunity to support it. We'll be helping to showcase emerging and established artists with more intimate performances, in a beautiful outdoor setting. The stage will also include some outside of the box ideas (more on this to come).
The Festival of Lights is a staple in New Plymouth's summertime events calendar and includes:
Rahotu School is committed to giving their students opportunities outside of the classroom. This involves connecting and working within their immediate school environment as well as the wider community. A key focus is connecting to the whenua (land) in which they live and play.
They have established gardens where the students work alongside highly-skilled Teacher Aides to harvest and food the whole school twice a term. This year they have been working hard to design, prepare and plant an orchard along the school's western boundary. Tamarind has been supporting the Teacher Aide's salary as well as some of the plants required for the project.
A few of our staff joined in the planting of the boundary trees this month and look forward to seeing the rest of the orchard evolve as each phase is complete. Once it's set up, each family will be invited to plant a fruit tree when their child enrols at Rahotu School.
Thanks to the School Principal, Brigitte Luke, for the chance to be involved!
On 8 March 2018, Tamarind Taranaki Limited (Tamarind) lodged applications with the Environmental Protection Authority (EPA) for marine consent to undertake sidetrack development drilling within the Tui Field, and for marine discharge consent to discharge offshore processing drainage from deck drains aboard a drill rig.
Tamarind’s marine consent application is to enable the drilling of up to five sidetrack development wells from up to four of its existing wells, including associated logistical and environmental monitoring activities, in the Tui Field.
The application is open for public consultation until 18 June 2018. Visit the application link to read more about the process.
Click through below to the full post for more details and to review the application documents that were submitted.