Infrastructure

Explore the latest infrastructure news by BusinessDesk. 
OMV warns Pohokura work may be caught by travel ban
Infrastructure

OMV warns Pohokura work may be caught by travel ban

OMV says inspection work underway on the offshore pipeline from the Pohokura gas field may be affected by travel restrictions imposed to slow the spread of covid-19.Production from the country’s biggest gas field is halted while the inspections are carried out and while the field...

Gavin Evans 20 Mar 2020
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Gull releases ethanol for sanitiser supplies
Infrastructure

Gull releases ethanol for sanitiser supplies

Fuel retailer Gull has released thousands of litres of ethanol to fill a critical supply shortage of the ingredient used in hand sanitiser.Local production of sanitiser has come to a standstill just as covd-19 has boosted global demand and put pressure on ethanol supplies. Ethano...

Dan Brunskill 20 Mar 2020
NZOG readies war chest for opportunities
Infrastructure

NZOG readies war chest for opportunities

New Zealand Oil & Gas said it is ready to pursue opportunities that the current market turmoil may provide.The firm, which started the year with $105 million of cash on its books, said that is held in a mix of US and New Zealand dollars with large, AA- rated banks.“Although it is...

Gavin Evans 20 Mar 2020
Govt throws Air NZ a $900m lifeline
Infrastructure

Govt throws Air NZ a $900m lifeline

The government will loan Air New Zealand up to $900 million over the next two years to keep the national carrier afloat, and may convert that debt to equity.Finance Minister Grant Robertson today said the government stepped in to ensure the national airline – of which it owns 52...

Paul McBeth 20 Mar 2020