Search results for: Taranaki

267 results

A list of search results

  • 31 January 2018

    Five Greenpeace activists jumped aboard an offshore supply vessel in the Port on Taranaki, New Zealand on Wednesday, locking themselves to the vessel, protesting against oil exploration in the country.

  • 5 January 2018

    In the case brought against the Norwegian Government by Greenpeace Norway for granting new oil licenses to drill in the Arctic Barents Sea, the Oslo District Court has ruled in favor of the government. 

  • 21 December 2017

    Westside New Zealand Limited has been granted one 12-year offshore permit in the Taranaki Basin, offshore New Zealand. The permit PEP 60402 has an area of 547 square kilometers. The new petroleum exploration permit has been granted as part of Block Offer 2017. This was the only permit awarded in the offer. According to the New Zealand […]

  • 12 December 2017

    NZOG has received government approval for the acquisition of Mitsui’s four percent interest in the Kupe gas and light oil field off New Zealand.

  • 29 November 2017

    U.S. oil and gas company Anadarko is set to leave New Zealand, citing persistent low oil prices as one of the reasons.

  • 22 November 2017
    Business & Finance, Infrastructure

    BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Umuroa.

  • 6 November 2017
    Business & Finance

    Australia-based Horizon Oil has entered into an agreement with Todd Maari Limited to acquire its 16% interest in PMP 38160, which contains the producing Maari and Manaia fields, offshore New Zealand. 

  • 13 September 2017
    Authorities & Government, Business & Finance, Environment, Operations & Maintenance, Research & Development, Technology

    The Green Party of New Zealand has put forward a plan to create a research institute that would focus on tidal and wave energy technologies in the west of New Zealand’s North Island.

  • 10 August 2017
    Business & Finance

    The Decision Making Committee (DMC), appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd (TTR), has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. The Environmental Protection Authority’s (EPA) DMC decision is the first approval for […]

  • 10 August 2017

    Zeta Energy, a Singapore-based company, has launched a takeover offer for New Zealand Oil & Gas Limited. The offer, of  $0.72 per fully paid share,  is for a partial takeover, meaning Zeta plans to buy an additional 41.955% of each class of the shares in NZOG not currently held or controlled by Zeta. If successful, […]

  • 24 July 2017
    Exploration & Production

    Eleven activists from the Greenpeace ship Arctic Sunrise took to the water in inflatable boats on Friday to protest against Statoil’s exploration activities in the Arctic Barents Sea, offshore Norway.  The activists were joined by actress Lucy Lawless, known for her role in the TV show Xena: Warrior Princess. It is worth noting that this is […]

  • 6 July 2017

    New Zealand Oil & Gas has completed the previously announced acquisition of Mitsui’s four per cent interest in the Kupe gas and light oil field, offshore New Zealand for NZ$35 million. The transaction, announced in May, was subject to the Kupe joint venture participants’ pre-emptive rights and other consents and approvals. An NZX waiver was […]

  • 22 March 2017

    New Zealand has offered 481.737 square kilometers of offshore and onshore acreage for oil and gas exploration. The oil companies interested to obtain the exploration permits have until September 6, 2017 to submit their bids. The offered area includes five offshore release areas (in Northland – Reinga, Pegasus – East Coast, Hawke Bay, Taranaki and Great […]

  • 1 March 2017

    Australian oil and gas company AWE has completed the sale of its 57.5% interest in the Tui Area Oil Project off New Zealand, including the transfer of operatorship, to Malaysia’s Tamarind Management. AWE said on Wednesday that the 57.5 percent interest in Tui was for a cash consideration of $1.5 million before tax and that […]

  • 14 February 2017
    Business & Finance, Project & Tenders

    After buying 57.5 percent of the Tui fields offshore New Zealand from AWE, Tamarind Management has now bought the remaining 42.5 percent interest from New Zealand Oil and Gas (NZOG) and Pan Pacific Petroleum (PPP). To remind, the Malaysia-based Tamarind entered into a $1.5 million deal with AWE back in December of 2016 for all of […]

  • 17 January 2017
    Business & Finance

    New Zealand Oil & Gas (NZOG) has secured a 50.01 percent holding in its subsidiary, ASX-listed Cue Energy Resources. NZOG said on Tuesday that it acquired 13,514,462 Cue shares in the current financial year, increasing its interest from 48.11 to 50.01 percent. The total cost of the acquisition was AUD 1,124,338.44 ($845,806.08). New Zealand Oil […]

  • 12 January 2017
    Operations & Maintenance

    OMV New Zealand informed that the Maari oil field, off Taranaki coast, is set to resume production this week. The company stopped production in late November last year as a precaution, following discovery of a crack in one of the wellhead platform’s 12 horizontal struts during a scheduled inspection. As an intermediate solution devised by specialist advisors AMOG, three clamps were […]

  • 12 January 2017

    Oil company OMV is set to progressively resume production from the Maari oil field offshore New Zealand following repairs at a wellhead platform.  The Maari field is located 80km off the Taranaki coast in water depths of about 100m. It is operated by OMV New Zealand (69%) on behalf of the Maari JV which includes Todd Maari (16%), […]

  • 4 January 2017

    New Zealand Oil & Gas (NZOG) has completed the sale of its 15 percent interest in the Kupe gas field off Taranaki, New Zealand. To remind, the company decided to sell its stake in the Kupe project to Genesis Energy in November 2016. NZOG said on Wednesday that the transaction was completed on January 1, […]

  • 14 December 2016

    Tamarind Management has made a move to buy more stake in the Tui area oil fields offshore New Zealand after it had entered into an agreement with the operator AWE to buy its entire 57.5% interest in the area.  Namely, AWE concluded its divestment program on Tuesday after agreeing to sell the Tui area oil fields to […]

  • 13 December 2016
    Business & Finance

    Australian oil and gas company AWE has entered into an agreement to sell the company’s 57.5% interest in the Tui Area oil fields, offshore New Zealand, to Tamarind Management.  The transaction is subject to customary consents from the New Zealand Government and Tui Joint Venture. Under the terms of the agreement, Tamarind, established in August […]

  • 9 December 2016

    U.S. oil firm Anadarko has reportedly decided to give up some of its offshore blocks in New Zealand. The company will reportedly surrender two exploration permits in Pegasus Basin over an area of 7,085 square-kilometers off the Kaikoura and Wellington Coasts. New Zealand’s Green Party has welcomed the news saying that beaches in Wellington, Wairarapa, […]

  • 24 November 2016

    OMV has ceased oil production and is de-manning the Maari wellhead platform (WHP) offshore New Zealand.  The Maari field is located 80 km off the Taranaki coast in water depths of about 100m. It is operated by OMV New Zealand Ltd (69%) on behalf of the Maari JV which includes Todd Maari Ltd (16%), Horizon […]

  • 16 November 2016
    Business & Finance

    New Zealand Oil & Gas has decided to sell its interest in the Kupe project, located in the Taranaki Basin, offshore New Zealand.  NZOG intends to sell its 15 percent stake in the oil and gas project to Genesis Energy for NZ$168 million. The effective transaction date will be January 1, 2017, however, the sale […]

  • 14 November 2016

    Auckland Council’s Governing Body in New Zealand has voted to oppose the proposed offering of petroleum exploration permit applications in the Northland-Reinga and Taranaki Basins, in its submission on the matter to the government. According to a statement on Friday, in a lengthy debate on the economic merits and environmental effects of oil exploration, the […]