Maari field shut early for major upgrade

Thu, 29 Aug 2013

Aug. 29 (BusinessDesk) - A gear failure at the floating tanker that takes oil from the Maari offshore Taranaki oil field has forced its closure earlier than a planned shutdown in September, with production now suspended until December. The field's 69 percent owner and operator, OMV New Zealand, announced today the floating tanker Raroa will be disconnected and towed to a New Zealand port for maintenance and a previously planned upgrade. "While off station, a new swivel, which allows the vessel to rotate around its mooring will be installed,"...

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