http://www.worldoil.com WorldOil Petrofac awarded well project management contract on New Zealand's North Island http://www.worldoil.com/news/2018/6/28/petrofac-awarded-well-project-management-contract-on-new-zealands-north-island Petrofac's Engineering and Production Services business has strengthened its presence in Australasia following the award of a Well Project Management contract from Tamarind Taranki Ltd (Tamarind). New Zealand's suspension of offshore licensing unlikely to have immediate effect, says GlobalData http://www.worldoil.com/news/2018/6/4/new-zealands-suspension-of-offshore-licensing-unlikely-to-have-immediate-effect-says-globaldata In April 2018, the New Zealand government announced that it would no longer grant new offshore oil and gas exploration permits. According to leading data and analytics company GlobalData, the suspension of new offshore licensing is unlikely to have an immediate impact on the oil or gas sector, but does signal the possibility of increased restrictions in the future. New Zealand draws "line in the sand" with exploration ban http://www.worldoil.com/news/2018/4/12/new-zealand-draws-line-in-the-sand-with-exploration-ban New Zealand will stop granting offshore oil and gas exploration permits, saying it is committed to playing its part in tackling climate change. Shell sells New Zealand interests to OMV for $578 million http://www.worldoil.com/news/2018/3/16/shell-sells-new-zealand-interests-to-omv-for-578-million Royal Dutch Shell plc (Shell), reached an agreement today to sell its shares in Shell entities in New Zealand, to OMV for $578 million. Over $57 billion to be spent on Oceania’s upstream projects by 2025, GlobalData says http://www.worldoil.com/news/2018/3/15/over-57-billion-to-be-spent-on-oceania-s-upstream-projects-by-2025-globaldata-says An average capex of $7.1 billion per year is forecast to be spent on 31 upcoming oil and gas fields in Oceania between 2018 and 2025, according to GlobalData, a leading data and analytics company. World of Oil and Gas http://www.worldoil.com/magazine/2018/march-2018/news-resources/world-of-oil-gas TAG Oil Ltd. (70%), operator of the Puka permit (PEP 51135) in New Zealand’s Taranaki basin, said the Pukatea-1 exploration well was drilled to 10,170 ft, MD, encountering variable hydrocarbon shows. TAG Oil reports potential oil pay in New Zealand's Taranaki basin http://www.worldoil.com/news/2018/2/13/tag-oil-reports-potential-oil-pay-in-new-zealands-taranaki-basin TAG Oil Ltd. has provided a positive update on its Pukatea-1 exploration well, which was spudded on Jan. 24, 2018. The Pukatea-1 well is located in TAG Oil’s operated Puka permit (PEP 51135, 70% TAG Oil) in the Taranaki basin of New Zealand. Shell's $1-billion New Zealand sale said to draw OMV, Vermilion http://www.worldoil.com/news/2017/6/23/shells-1-billion-new-zealand-sale-said-to-draw-omv-vermilion Royal Dutch Shell Plc’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. AWE divests interest in New Zealand's Tui fields http://www.worldoil.com/news/2017/2/14/awe-divests-interest-in-new-zealands-tui-fields AWE Limited has entered into an agreement to sell the company’s 57.5% interest in the Tui area oil fields to Tamarind Management Sdn Bhd, subject to customary consents from the New Zealand Government and Tui Joint Venture. OMV shuts in Maari field after crack found in platform strut http://www.worldoil.com/news/2016/11/24/omv-shuts-in-maari-field-after-crack-found-in-platform-strut OMV New Zealand, the operator of Maari oil field, has ceased oil production and is de-manning the Maari wellhead platform (WHP) as a precautionary measure while it deals with a crack found in one of the platform’s horizontal struts.