Crown seeks US$100m from Tui operator; Prospector moving on

Thu, 21 Nov 2019

The government is claiming US$100 million from the operator of the Tui oil field, as efforts continue to keep the field in production and stave off early decommissioning.Sixty-nine creditors of Tamarind Taranaki, which halted an in-fill drilling campaign at the offshore field in September, have lodged claims for $198 million with administrators Singapore-based Borelli Walsh.The administrators have spent the past week in talks with BW Offshore, operator of the field’s floating production vessel Umuroa, to try and maintain production through to M...

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