Govt takes over Tui oil field, plans decommissioning

Fri, 01 May 2020

The government has seized control of the Tui oil field and hired an international contractor to advise it on the best way to decommission the assets off the Taranaki coast. The field, formerly operated by Tamarind Resources, is shut in and last week the Environmental Protection Authority rejected a proposal to remove the floating production and storage vessel Umuroa without a full decommissioning plan in place for the field. Production from the field ended last year after operator Tamarind Taranaki was placed in receivership. The field wa...

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