WELLINGTON, New Zealand—New Zealand’s efforts to be discovered as worthy of international interest for its oil and gas reserves moved a step forward Thursday, with the latest round of exploration permits being awarded to newcomers to the area.
Norway’s Statoil and Australia’s Woodside Petroleum Ltd. were among the successful bidders in New Zealand’s latest auction of oil and gas permits, five offshore and five onshore, joining Royal Dutch Shell PLC and a handful of lesser players in the hunt for hydrocarbons in and around…
Read the original: Statoil, Woodside to Explore in New Zealand
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