OMV cleared for Great South Basin drilling

OMV cleared for Great South Basin drilling
Gavin Evans
OMV has been cleared by the Environmental Protection Authority to drill a well off the Otago coast this summer.The company, which operates the Maui and Pohokura gas fields, is currently drilling off Taranaki. It plans to dispatch the drilling rig, the COSL Prospector, to the South Island to drill Tawhaki-1, about 146 kilometres south-east of Balclutha.The well lies in 1,300 metres of water so is not especially deep by world or New Zealand standards. The five-year-old Prospector was designed to operate in the harsh environment of the North Sea.E...

More Infrastructure

US$411b on the table: will NZ claim a slice?
Primary Sector

US$411b on the table: will NZ claim a slice?

Infrastructure will be a major focus of the NZ EU Summit, but Ukraine might be too.

Dileepa Fonseka 24 Oct 2025
Wellington Airport's half-year passenger numbers down, net loss up
Infrastructure

Wellington Airport's half-year passenger numbers down, net loss up

A fall in domestic passenger numbers has been blamed on Air NZ's fleet problems.

Staff reporters 23 Oct 2025
Marsden Maritime Holdings CEO Rosie Mercer standing down
Infrastructure

Marsden Maritime Holdings CEO Rosie Mercer standing down

Marsden Maritime Holdings' chief executive, Rosie Mercer, is stepping down at the end of the year.After three years in the job, she said the decision was a natural transition point for her and the company, as Marsden Maritime Holdings (MMH) was in a strong position and well-p...

Ian Llewellyn 23 Oct 2025
Property for Industry says valuation cycle turning
Infrastructure

Property for Industry says valuation cycle turning

It cites strong occupancy, lease terms behind and sees strong 2026.

Staff reporters 21 Oct 2025