Beach Energy has upgraded its reserve estimate in the New Zealand Kupe oil and gas field by 23 per cent. Read more
Ventia to rebrand Broadspectrum following acquisition
Ventia has acquired infrastructure specialist Broadspectrum from Ferrovial, strengthening its capabilities to deliver production drilling, well drilling and well servicing, smart shutdowns, and construction services in the oil and gas industry.
Hiringa, Mitsui set to boost hydrogen projects
Hiringa Energy and Mitsui have formed a strategic alliance to jointly pursue hydrogen-related commercial projects in New Zealand. Read more
McConnell Dowell wins NZ pipeline contract
McConnell Dowell has been awarded a contract for the Lyttelton to Woolston pipeline improvement project in New Zealand. Read more
Monadelphous takes action as maintenance activity stalls
Monadelphous has introduced a number of measures to ensure the business is protected during COVID-19, which has caused a reduction in activity for its maintenance division. Read more
Horizon plots NZ project life extension
Horizon Oil has continued to deliver strong oil production from its stakes in the Maari and Manaia fields, New Zealand, with 310,122 barrels of oil recorded in the company’s 2020 half year report. Read more
Beach abandons New Zealand well
Beach Energy has advised that OMV, operator of the Tawhaki-1 exploration well in the Great South Basin offshore New Zealand, has reached a target measured depth of 2980m at the prospect. Read more
Beach increases budget for 2020 project development
Beach Energy managing director Matt Kay has applauded the company for its “extremely active” drilling across the Cooper, Perth and Otway Basins during the December 2019 half year, with 105 wells drilled at a success rate of 83 per cent. Read more
High oil production pushes Beach’s strong company growth
Beach Energy is being commended by its managing director Matt Kay on its outstanding strong growth in its production activity, sales revenue and exploration. Read more
Horizon marks strong end to 2019
Horizon Oil has completed another encouraging calendar year across its international operations with production of 1.6 million barrels, which resulted in revenue of $US111 million ($161 million). Read more