OMV invests $70m to maintain Pohokura production

OMV invests $70m to maintain Pohokura production
Gavin Evans
OMV has commissioned a $70 million compression plant at the Pohokura gas processing station to help ensure ongoing supplies from the country’s biggest gas producer. But the firm, which also operates the offshore Maui field, said it is still too soon to say whether recent well maintenance will arrest a recent and steeper-than-expected production slide from the field off the coast from Waitara. Gabriel Selischi, OMV’s senior vice-president for Australasia, said the project is one of a range of initiatives the company will undertake during t...

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