EXPLORATION

OMV gets go-ahead for massive Taranaki drill program

AUSTRIAN oil and gas explorer and producer OMV Group has won approval from the New Zealand Environmental Protection Authority to conduct a major exploration and appraisal campaign offshore New Zealand in the Taranaki Basin.

OMV gets go-ahead for massive Taranaki drill program

This comes after the company announced it had suspended drilling for the remainder of the year due to COVID-19 restrictions and the oil price crash. OMV had hoped to use the COSL Prospector to drill...

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