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Shell New Zealand
Our business helps meet the energy demands of New Zealanders, now and in the future, in economically, environmentally and socially responsible ways.
News and Highlights
Regulatory approvals have been obtained finalising the sale of the Māui natural gas pipeline which transports around 78% of all natural gas produced in New Zealand, from the Māui Mining Companies (MMCs*) to infrastructure funds (including fund co-investors) managed by First State Investments (“First State Funds” FSF). The sale price was NZ$335 million.
The Māui Mining Companies (MMCs*) confirm the sale (subject to completion) of the Māui natural gas pipeline (which transports around 78% of all natural gas produced in New Zealand) to infrastructure funds managed by First State Investments (“First State Funds”).
Wellington, 10 December 2015 - In keeping with company’s strategy to become a simpler, more profitable and resilient company, Shell announced that its interests in New Zealand are under review.
Damian Orr, 18, from Inglewood High School and Thomas Bell, 18, from Opunake High School, have been chosen from 12 other applicants to be awarded annual Shell scholarships.
After careful consideration, the Great South Basin joint venture parties Shell New Zealand, OMV New Zealand Ltd and Mitsui E&P Australia Pty Ltd have made a decision to take up the option to drill an exploration well in the PEP 50119 block.