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Monthly Update

June 2018 NZ O&G Industry Update

By Neil Ritchie

The next decade should see enough petroleum wells drilled, as well as some field abandonments, to keep the existing oil and gas industry busy both in the waters off and onshore in Taranaki  --  New Zealand’s only commercial energy region.

Every month or so more details are emerging of future planned and possible activities.

May 2018 NZ O&G Industry Update

By Neil Ritchie

After scouring the skies for signs of any significant offshore oil and gas activity, the Kiwi petroleum industry is looking forward to sighting a semi-submersible drilling rig working off the Taranaki coast next summer.

Malaysian company Tamarind Management has applied to the Environmental Protection Authority for the marine consents necessary to drill up to five development wells that will be sidetracked from up to four existing wells in the Tui mining licence PMP 38158.

NZ Petroleum Conference - state of play

By Neil Ritchie

NZ O&G Industry Wrap - February 2018

By Neil Ritchie

NZ O&G Industry Wrap - January 2018

By Neil Ritchie

NZ O&G Industry Wrap - December 2017

By Neil Ritchie

NZ O&G November 2017 Wrap

By Neil Ritchie

The New Zealand energy industry is continuing consolidating but with the price of oil now about $US60 per barrel further oil and gas exploration is likely in the next few years, as well as planning for the decommissioning of several existing offshore Taranaki fields.

The Todd Corporation is selling its 16 percent stake in the offshore Taranaki Maari-Manaia oil field to fellow partner and ASX-listed Horizon Oil for US$17.6 million as the country's wealthiest family continues reshaping its energy portfolio.

Chemeca 2018

Date: 

30th September, 2018 - 03rd October, 2018

Where: 

Queenstown, NZ

Cost: 

see conference web site

Contact details: 

See conference web site

Website: 

CHEMECA 2018

30 September – 3 October 2018, Queenstown, New Zealand
The 47th Chemeca will be held in Queenstown during September 2018.  In the backdrop of The Remarkables mountain range, chemical engineers from Australia and New Zealand will gather to share their insights and innovations relevant to chemical engineers across the wide range of industries we work in. The theme for 2018 is Chemical Engineering in Australasia. Whether you would like to contribute to the conference programme, be a major sponsor for the event or attend to network with like-minded professionals, we look forward to welcoming you to idyllic Queenstown for Chemeca 2018. Register your interest.

October 2017 NZ O&G Wrap

By Neil Ritchie

Sept 2017 O&G Wrap

By Neil Ritchie

Overseas interest in acquiring control of some of New Zealand’s major and mid-sized oil and gas companies continues.

Canadian listed Jadestone Energy is now thought to be another bidder for Royal Dutch Shell’s remaining New Zealand oil and gas assets, joining large listed multinational corporations such as fellow Canadian Vermilion Energy and Austrian giant OMV, Aussie listed Woodside Energy and even private company Greymouth Petroleum, in conjunction with global investment company KKR.