COSL Prospector ideal rig for Great South Basin - OMV

COSL Prospector ideal rig for Great South Basin - OMV
Gavin Evans
By Gavin Evans July 30 (BusinessDesk) - The COSL Prospector is an ideal rig for drilling in the Great South Basin, an Environmental Protection Authority hearing was told today. The four-year-old harsh environment rig was designed for working in the North Sea and can operate in wave heights of up to 17 metres, Gerald Hollinger, OMV’s New Zealand well engineering manager told the hearing in Dunedin this morning. “It’s perfectly designed for what we want to do here,” Hollinger said in reply to questions from Greg Shaw, a member of the thr...

More Policy

Creaky infrastructure adds to natural disasters' 'staggering' cost
Policy

Creaky infrastructure adds to natural disasters' 'staggering' cost

The Government is pondering how to avoid another Cyclone Gabrielle cascade failure.

Jem Traylen 05 Jul 2024
Albanese pledges prosperity through manufacturing boost
Economy

Albanese pledges prosperity through manufacturing boost

Renewable energy and critical minerals key focus of $24 billion strategy.

AAP 04 Jul 2024
The Great Expectations on Kāinga Ora and KiwiRail
Policy

The Great Expectations on Kāinga Ora and KiwiRail

The Government is continuing to refresh boards and fire up expectations.

Dileepa Fonseka 03 Jul 2024
Jones heads to Oz to woo mining investors
Primary Sector

Jones heads to Oz to woo mining investors

Work has begun on a critical minerals list and stocktake.

Ian Llewellyn 03 Jul 2024