First offshore oil exploration permit granted since ban lifted

First offshore oil exploration permit granted since ban lifted

The government has granted Australian firm EnZed Energy a 12-year offshore petroleum exploration permit in the Taranaki Basin — the first since the 2018-era ban was lifted on 31 July. Resources Minister Shane Jones called it a "major milestone." The permit covers 546 sq km east of the Kupe gas field. EnZed Energy will begin with seismic and geological studies rather than drilling.

Published

Read at another depth