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OMV books healthy profit but Maari deal still incomplete

Buyer Jadestone says Govt overhaul of decommissioning regime 'a central factor'.

OMV owns the Maui gas field off Taranaki.

Tim Hunter Fri, 17 Jun 2022

Austrian-owned oil and gas company OMV New Zealand has reported a sharp lift in profit after last year writing off $499 million from the value of its development and production assets.

OMV, owner of the Maui gas field and 74% owner of the Pohokura field, reported net profit of $121.9m for the year

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OMV books healthy profit but Maari deal still incomplete
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