Maui oil and gas field gains 35-year operating consent

Fri, 05 Jun 2015

By Pattrick Smellie June 5 (BusinessDesk) - New Zealand's largest and longest-producing offshore oil and gas field, Maui, has gained marine resource consents allowing it to operate for up to 35 years more, following hearings by a decision-making committee (DMC) of the Environmental Protection Authority, the first time the Maui field has been dealt with under new regulations governing economic activity in the country's Exclusive Economic Zone. The EEZ is the world's fourth largest and extends from the 12-mile nautical limit off the New Zea...

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