Bureaucratic own goal at Tui oil field a red flag about regulatory problems

Bureaucratic own goal at Tui oil field a red flag about regulatory problems
Gavin Evans
BW Offshore is cutting its losses at the Tui oil field and has planted a glowing red flag warning of the flaws in this country’s environmental regulation.When a company is prepared to write off a US$21 million vessel and hand it to liquidators – rather than deal further with New Zealand regulators – we should be concerned.The Environmental Protection Authority has achieved a spectacular own goal. The Ministry of Business, Innovation and Employment, in its unwanted role as de facto operator of the field, may have also had a han...

More Infrastructure

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades
Policy

‘Bluewater backbone’: Lyttelton, Auckland ports plan $1b+ of upgrades

Two of the biggest NZ ports are raising prices as they plan major investments.

Cost of Ōtaki to north of Levin highway nears $2b
Infrastructure

Cost of Ōtaki to north of Levin highway nears $2b

In 2020, the lower North Island expressway was costed at just $817m.

Oliver Lewis 01 Jul 2025
The keys to unlocking Northport's land value
Infrastructure

The keys to unlocking Northport's land value

MMH's land is valued at five times less than its next-door neighbour, Channel.

Ian Llewellyn 30 Jun 2025
Food scrap U-turn chills waste sector investment
Infrastructure

Food scrap U-turn chills waste sector investment

The Government’s backtrack on the food waste mandate undermines investor confidence.

Cécile Meier 30 Jun 2025