Archer wins contract from OMV for modular drilling rig Archer Emerald
Archer, an oilfield service company based in Bermuda, has secured a contract from New Zealand-based OMV Taranaki for the provision…
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New Zealand proposes huge oil spill insurance increases
The New Zealand Government has announced a new proposal to better protect taxpayers from the cost of potential oil spills.
EPA approves Tamarind Taranaki’s applications for Tui Area Oil Field
New Zealand's Environmental Protection Authority (EPA) has conditionally approved oil and gas operator Tamarind Taranaki’s applications regarding activities in the…
Shell sells stakes in New Zealand upstream business to OMV for $578m
Royal Dutch Shell has completed the $578m sale of its shares in New Zealand upstream business to integrated oil and…
New Zealand Government tables bill to stop new offshore permits
The Government of New Zealand has tabled a bill in parliament to halt the issuance of new offshore permits for…
Countries working towards ending oil exploration
In May, New Zealand announced plans to ban the award of new oil and gas exploration licences in an effort…
ByNew Zealand bans offshore oil and gas exploration
New Zealand has announced plans to no longer grant offshore oil exploration permits, a move that is seen as a…
Deals this week: Sapura Energy Berhad, Chrysaor Holdings, Spirit Energy
Malaysian oil and gas company Sapura Energy Berhad, through its subsidiary Sapura Exploration and Production, has signed farm-in agreements to…