OMV aims to start Maui drilling next month

OMV aims to start Maui drilling next month
Gavin Evans
OMV is hoping to get an in-fill drilling programme underway from the Maui A platform next month. The work, using the specialist Archer Emerald rig, aims to drill six to seven wells ‘side-tracked’ from the platform’s existing wells to tap bypassed gas and condensate resources. The campaign, known as the Maui A Crestal Infill project, was originally scheduled for the March quarter but was postponed due to the covid-19 outbreak. OMV is the country’s biggest gas producer and expects to spend about $500 million in a two-year programme to exten...

More Infrastructure

New funding agency to 'supercharge' social housing
Finance

New funding agency to 'supercharge' social housing

The Community Housing Funding Agency wants to address a $14 billion problem.

Oliver Lewis 25 Nov 2024
Air NZ continuing to be whacked by aircraft availability issues
Economy

Air NZ continuing to be whacked by aircraft availability issues

Air New Zealand expects a half year pre tax earnings result of $120 million to $160m.

Staff reporters 25 Nov 2024
Wellington's blue sky boondoggle
Infrastructure

Pattrick Smellie: Wellington's blue sky boondoggle

Is the capital's airport serious, or is Infratil just trying to pump value?

Pattrick Smellie 22 Nov 2024
Experts warn NZ: Australia's local rates cap led to financial crisis
Policy

Experts warn NZ: Australia's local rates cap led to financial crisis

Copying policy from across the Tasman could worsen infrastructure deficit.

Jem Traylen 22 Nov 2024