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Iwi engagement agreement signed for Tui decommissioning project 26 March 2021

The Ministry of Business, Innovation and Employment and Te Kāhui o Taranaki Trust have today entered into a partnership agreement for engagement within Taranaki Iwi on the project to decommission the Tui Field.

Agreement signed for demobilisation of FPSO Umuroa from Tui Oil Field 20 November 2020

The Ministry of Business, Innovation and Employment (MBIE) has signed an agreement with BW Umuroa Pte. Ltd (BWU), the owner and operator of the FPSO Umuroa, to demobilise and disconnect the vessel from the Tui Oil Field.

Consultation opens on Block Offer 2020 25 September 2020

New Zealand Petroleum & Minerals has today initiated consultation with iwi and hapū on the proposed Block Offer 2020 release area for petroleum exploration permits.

Petroleum Reserves data released 02 July 2020

Details of New Zealand’s petroleum reserves as they stand at the beginning of 2020 have been released today by the Ministry of Business, Innovation & Employment.