EXPLORATION

Second decom phase wraps up offshore New Zealand 

THE New Zealand government has completed the second phase of decommissioning work at the abandoned Tui oilfield in the offshore Taranaki Basin, assisted by Australia's Shelf Subsea. 

Second decom phase wraps up offshore New Zealand 

Tamarind Resources held the project via a web of subsidiaries and when it stopped making money walked away leaving equipment in situ, then went into liquidation, avoiding hundreds of millions of dollars'...

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