Oil and Gas

New Zealand Oil and Gas sector is bursting with exploration opportunities. Companies investing in this sector are able to explore, develop and produce, and also enjoy the advantages of an international oil and gas portfolio without any economic and political disadvantages. The NZ fiscal terms and...
 May 25, 2010. The Taranaki Basin is New Zealand’s premier Oil and Gas exploration region with about 11 petroleum mining licenses or permits fields. The production and use of Hydrocarbons in New Zealand only became significant in the 1960s in terms of the country’s economy and its fuel...
 Brazilian global giant oil company, Petrobas today announced that it had acquired exploration rights for offshore oil drilling in New Zealand. The acquisition was made by the company’s subsidiary, Petrobas International Braspetro, through a public tender that was launched by the New Zealand...
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