Unexpected slide in Pohokura gas production

Unexpected slide in Pohokura gas production
Gavin Evans
Output from the country’s biggest gas field has fallen about 15 percent the past six weeks and operator OMV is yet to establish why. The offshore Pohokura field, the subject of a series of maintenance shuts during the past two years, delivered about 172 terajoules of gas yesterday, according to Gas Industry Company data. That is down from a recent high of about 205 terajoules in mid-May. In a notice to customers and the broader industry on Friday, OMV said production rates from the field had declined faster than expected after maintenance...

More Infrastructure

Opening day congestion for untolled Penlink highway – NZTA
Infrastructure

Opening day congestion for untolled Penlink highway – NZTA

The road should be redesigned if the Government chooses not to toll, agency said.

Oliver Lewis 26 Jul 2024
Downtown car park building legal challenge 'resolved'
Infrastructure

Downtown car park building legal challenge 'resolved'

Society challenging the sale to Precinct raised 0.4% of its High Court funding target.

Oliver Lewis 25 Jul 2024
Govt to fight receivers over $30m Tui oil field tax credit
Infrastructure

Govt to fight receivers over $30m Tui oil field tax credit

Crown bid to have liquidators cover decommissioning costs is subject to approval.

Victoria Young 24 Jul 2024
Govt agrees 'in principle' to $10b worth of Northland roading PPPs
Infrastructure

Govt agrees 'in principle' to $10b worth of Northland roading PPPs

The Northland expressway project could be one of the first PPPs out of the gate.

Dileepa Fonseka 23 Jul 2024