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 Zealandโs renewable energy company Meridian has selected Australiaโs 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.
Jacinda Ardern has been sworn in as New Zealandโs prime minister - and says she will lead a government that is active, focused, empathetic and strong.
Royal Dutch Shellโs 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 platformโs horizontal struts.
Shellโs New Zealand boss has reportedly said business was proceeding โas usualโ amid reports the company was planning to divest its entire $1billion-plus portfolio in the country.
Mosman loss was wider in the first half of the current financial year thanks to one-off costs related to impairments and the termination of a deal to acquire a producing project in New Zealand.