New Zealand starts process to pick future oil and gas exploration blocks

Offshore staff

WELLINGTON, New ZealandNew Zealand is consulting with local residents in anticipation of awarding oil and gas exploration permits beyond those offered earlier this year.

The New Zealand government said a consultation period involving local authorities and tribal communities will run through the end of October, with tenders for offshore and onshore oil and gas acreage distributed by March.

“The feedback from these groups ensures that any areas of sensitivity are carefully considered before the tender round is finalized,” said Simon Bridges, New Zealand Energy and Resources minister, in the UPI report.

“Successive block offers have shown that operators are looking for long-term opportunities in a mix of mature and frontier acreage, which New Zealand has to offer.”

09/04/2015

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