Beach permit surrender ends South Island exploration

Beach permit surrender ends South Island exploration
Gavin Evans
Beach Energy and its partners have surrendered their 14,380 square-kilometre exploration permit off the South Island — effectively ending any offshore exploration outside Taranaki. Beach, which operates the Kupe gas field in Taranaki, had been planning to drill the Wherry well about 150 kilometres east of Oamaru later this year. But in November, the venture opted not to seek the remaining consents it needed for the project and said it would discuss the future of the permit — PEP 38264 — with the government.But the venture...

More Infrastructure

The Great Expectations on Kāinga Ora and KiwiRail
Policy

The Great Expectations on Kāinga Ora and KiwiRail

The Government is continuing to refresh boards and fire up expectations.

Port of Tauranga a 'slow follower' on price hikes
Infrastructure

Port of Tauranga a 'slow follower' on price hikes

Forsyth Barr has upgraded its outlook from 'neutral' to 'outperform'.

Manukau Harbour port study takes its sweet time
Infrastructure

Manukau Harbour port study takes its sweet time

Winston called it ludicrous. Now it's late.

Oliver Lewis 02 Jul 2024