
New Zealand’s government is setting the stage to lift the ban on offshore oil and gas exploration with a suite of proposed changes to an energy bill in a bid to stave off energy security woes due to looming gas supply shortages.

The Netherlands-headquartered N-Sea and its partner Neptune Marine Service have launched what is said to be the first dedicated cable repair and installation vessel. Neptune Marine recently converted the existing anchored barge NP-459 into a dedicated cable repair DP2 vessel, named Curo, with a 50t