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Country summary: New Zealand

energy-pedia opportunities - New Zealand:
Current deals: 0
Licensing articles: 80
Completed deals: 109

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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

02 Sep 26
New Zealand: Methanex to sell substantially all of its New Zealand natural gas contractual entitlements
Methanex has entered into an agreement to sell substantially all of its New Zealand natural gas contractual entitlements commencing in the first quarter of 2027 and continuing through the end of the decade when such entitlements expire. Given the continued decline in domestic natural gas availability and the lack of a clear pathway to meaningful new supply, Methanex has determined that continued operations in New Zealand are not sustainable.
20 Aug 26
New Zealand: Monumental Energy announces accepted bid for the Tirua Point application area in New Zealand
Monumental Energy Corp has announced that its application for petroleum exploration permit PEP61554, covering the Tirua Point application area in New Zealand’s Taranaki Basin, has been accepted by New Zealand Petroleum & Minerals ('NZPA') and will now proceed to government review.
14 Jul 26
New Zealand: Sunda Energy submits exploration permit application in New Zealand
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in the Asia-Pacific region, has submitted an application for a new Petroleum Exploration Permit ('PEP') within the offshore area of the Taranaki Basin on the west coast of New Zealand's North Island. The PEP, which covers approx. 645 km2, contains the Awakino gas condensate field which was originally drilled in 1985.
19 May 26
New Zealand's gas reserves decline to lowest level on record
Annual petroleum reserves data released today by the Ministry of Business, Innovation and Employment (MBIE) shows as of 1 January 2026 New Zealand’s natural gas proven plus probable (2P) reserves declined 23% from last year to 731 petajoules (PJ), the lowest level since recording began 20 years ago.
09 Feb 26
New Zealand: Government says yes to liquefied natural gas
Prime Minister Christopher Luxon and Energy Minister Simon Watts confirmed that the Government will establish a liquefied natural gas (LNG) import facility to strengthen New Zealand’s energy security and support economic growth.

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