Blackstone to invest up to $800m in Tamarind Energy
Blackstone has made a commitment to invest up to $800 million in Malaysia-based oil and gas exploration and production start-up, Tamarind Energy, alongside management. The investment is being made via the GP's energy investment unit, Blackstone Energy Partners.
The transaction represents Blackstone's first investment in oil and gas in Southeast Asia. Kuala Lumpur- headquartered Tamarind focuses on increasing yeilds and reserves from producing oil and gas fields...
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