A US oil exploration ship has arrived in Taranaki to be greeted by environmentalists protesting against the government’s “blinkered obsessio… Source: Yahoo! Source: nz.news.yahoo, October 17, 2011;
Oil recovery teams head out on the water last morning to collect oil spilled from the cargo vessel Rena. The teams spent day before yesterday preparing ocean-going vessels for an offshore operation. Modifications had to be made to some of the vessels to ensure the safe operation of the heavy specialist equipment, including boom [...]
Octanex N.L. today provided an update on the progress made by the Joint Venture towards reaching a decision on whether to drill the Matuku prospect in PEP 51906. PEP 51906 is situated in the offshore Taranaki Basin of New Zealand. Octanex holds a 35% participating interest in the permit. The Joint Venture is operated by [...]
An eastern Bay of Plenty iwi has teamed up with Greenpeace to take legal action over the Government’s granting of an oil exploration permit… Source: Radio New Zealand Source:Radio New Zealand ,September 19, 2011;
OMV New Zealand and Shell New Zealand announce major milestones for the Great South Basin joint venture, with the addition of Shell into the venture and confirmation that a comprehensive 3D seismic programme will begin later this year on Permits 50119 and 50120. Permit 50121 will be returned to the Crown. Subject to ministerial approval, [...]
Archer has entered into an agreement with Shell Todd Oil Services (“STOS”) for the provision of the drilling modular rig and services for the modular rig Archer Emerald (“the Emerald”). Mobilization will take place in the first half of 2012. The modular rig will operate in New Zealand on the Maui A offshore platform. The [...]
The New Zealand arm of Austrian oil and gas explorer OMV is seeking a two month extension while it decides what to do next with its three… (business-news) Source: Business-news , July 5, 2011;
Shell New Zealand Ltd. is putting its latest Maui oil and gas field exploration drilling on hold until summer, after multiple disruptions… Source: NZNEWSUK Source: NZENEWSUK, June 13, 2011;
New Zealand’s offshore exclusive economic zone (EEZ) should be considered the North Sea of the Southern Hemisphere, a leading scientist … By Rob Maetzig Taranaki Daily News Source: Taranaki Daily News , June 10, 2011;
Octanex N.L announces that the farmout agreement made with OMV New Zealand Limited (“OMV NZ”), in relation to the PEP 51906 permit, has received the consent of the New Zealand Minister of Energy under the Crown Minerals Act. As a result, the farmout agreement is now unconditional. OMV NZ entered into the farmout agreement [...]
