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Oil and gas industry · Oil ExtractionEnergy and resources · Oil and GasEnergy and resources · Energy Infrastructure
Triangle Energy and Pilot Energy have come under external administration.
Australian company Triangle Energy and its partner Pilot Energy have come under external administration due to financial difficulties and risks associated with the decommissioning of the Cliff Head oil platform. Regulators are monitoring the situation to ensure the safety of the facilities and to seek solutions for funding the cleanup.
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