Offshore New Zealand Latest Information

Offshore New Zealand Latest Information

Sea law 'an environmental risk'
A new law designed to protect New Zealand's seas won't ''serve'' in the event of an offshore oil spill disaster, critics say.

NZ stocks shrug off tepid start
New Zealand stocks rose in morning trade, with better than expected job numbers helping offset weaker offshore leads where investors were sitting on the sidelines waiting on an outcome to Greek bailout talks. Pumpkin Patch rose and Auckland International Airport fell.

New Zealand Dollar Set for Six-Week Advance After Unexpected Trade Surplus
New Zealand’s dollar rose for a sixth straight week after a report showed the nation unexpectedly posted its first trade surplus in five months.

New Zealand seeks to appease Maori fears
New Zealand PM John Key has tried to reassure Maori leaders the principles of the Treaty of Waitangi are not at stake in the sale of state assets.

Deepwater Oil Drilling: Australia & New Zealand
PTTEP has agreed to reduce its interest in three deepwater exploration blocks in the Makassar Strait offshore Indonesia.

Offshore Oil Field Development: Australia & New Zealand
SBM Offshore is to supply the turret and mooring system for the Ichthys LNG project FPSO off northwestern Australia. Chevron has awarded Clough an A$350-million ($375-million) contract for the offshore hook-up and commissioning component of the Wheatstone project.

Pilot whales strand again on New Zealand beach
A pod of about 40 beached pilot whales re-stranded themselves in New Zealand Tuesday after volunteers worked for hours to get them back into the sea, officials said.

New Zealand Energy Spuds Copper Moki-2 and Ranui-2 Wells
VANCOUVER, BRITISH COLUMBIA-- - New Zealand Energy Corp. is pleased to provide an operational update on its production and exploration activities on New Zealand's North Island. HIGHLIGHTSTaranaki Basin -- Copper Moki-1 has produced an average of 550 barrels of oil per day over the first 30 days of long-term production -- CM-1 ...

Sea law 'puts economy before environment'
A new law designed to protect New Zealand's waters puts "economic wellbeing" before the environment, a conservation group says.

NZ stocks rise, new high for Trade Me shares
New Zealand stocks rose today, turning around at the last minute from the day's disappointing performance that was dragged downwards by slips in stocks with large market capitalisation. Recent listing Trade Me rose today to a new high.

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