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Country summary: New Zealand

energy-pedia opportunities - New Zealand:
Current deals: 2
Licensing articles: 80
Completed deals: 96

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Energy-Pedia opportunities is a unique, online, real-time market intelligence service, un-matched in the industry. It provides comprehensive details of upstream oil and gas opportunities worldwide, plus full details of all current and upcoming licence rounds. Helping established oil companies maintain and develop their upstream portfolios and enabling start-up companies to build successful businesses.

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New Zealand - recent news

22 Oct 20
New Zealand: BW Offshore places BW Umuroa into voluntary liquidation
The Board of Directors of BW Umuroa (BWU), a wholly owned subsidiary of BW Offshore, has resolved to place BWU into voluntary liquidation. BWU is the owner and operator of the FPSO Umuroa which is presently located on the Tui oil field offshore New Zealand.
25 Sep 20
New Zealand: Jadestone Energy agrees to revised long stop date for Maari Project acquisition
Jadestone Energy has agreed with OMV to amend the long stop date for the Company’s acquisition of a 69% interest in the Maari Project, shallow water offshore New Zealand.
10 Apr 20
New Zealand: BW Offshore reports problem disconnecting the FPSO Umuroa from the Tui field
Following the termination notice from Tamarind Taranaki for the FPSO Umuroa operating on the Tui field offshore New Zealand, received last year, BW Offshore reports that it has not been able to disconnect the FPSO Umuroa from the Tui field.
06 Apr 20
New Zealand grants one exploration permit as part of Block Offer 2018
New Zealand has granted one petroleum exploration permit for Block Offer 2018. The successful bid was granted to Todd Exploration Management Services for PEP 60573, which covers an area of 105km2, east of Inglewood, in onshore Taranaki.
20 Feb 20
New Zealand: OMV's Tawhaki-1 exploration well disappoints
JV partner Beach Energy reports that the OMV-operated Tawhaki-1 exploration well, located in PEP50119 in the Great South Basin, offshore New Zealand, failed to encounter hydrocarbons and is being plugged and abandoned.

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