Russell Borthwick, chief executive of Aberdeen and Grampian Chamber of Commerce, held the country up as an example of how not to transition from fossil fuels.
Delving into the world of energy science and technology has long been a fascination of mine. It is an interest that personally reaches right back to 1958 in New Zealand.
Aberdeen headquartered services company, EnerMech, has completed its acquisition of Stork Australia and New Zealand as the firm looks to expand its "global integrity".
New Zealand’s renewable energy company Meridian has selected Australia’s Woodside Energy (ASX:WDS) as its partner to develop a large-scale hydrogen and ammonia facility at Southland in New Zealand.
Asia Pacific-focused Jadestone Energy is preparing to re-issue a tender for a floating production storage and offloading (FPSO) vessel for its planned gas development at Nam Du and U Minh off Vietnam.
Upstream merger and acquisitions (M&A) deals are expected to rebound in Asia Pacific this year after plunging to their lowest level this century in 2020, when the pandemic and collapse in oil and gas prices killed activity.
Royal Dutch Shell’s sale of its remaining New Zealand energy assets has drawn interest from companies including OMV AG and Vermilion Energy Inc., people with knowledge of the matter said.
Cue Energy said has ceased oil production and is de-manning the Maari wellhead platform as it deals with a crack found in one of the platform’s horizontal struts.
Shell’s New Zealand boss has reportedly said business was proceeding “as usual” amid reports the company was planning to divest its entire $1billion-plus portfolio in the country.