Water & Atmosphere 2, February 2011
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Oil and Gas Security
NEW ZEALAND OVERVIEW _______________________________________________________________________ 3 1. Energy Outlook _________________________________________________________________ 4 2. Oil ___________________________________________________________________________ 5 2.1 Market Features and Key Issues ___________________________________________________________ 5 2.2 Oil Supply Infrastructure _________________________________________________________________ 8 2.3 Decision-making Structure for Oil Emergencies ______________________________________________ 10 2.4 Stocks _______________________________________________________________________________ 10 3. Other Measures _______________________________________________________________ 12 3.1 Demand Restraint ______________________________________________________________________ 12 3.2 Fuel Switching _________________________________________________________________________ 13 3.3 Surge Oil Production ____________________________________________________________________ 14 3.4 Relaxing Fuel Specifications ______________________________________________________________ 14 4. Natural Gas ___________________________________________________________________ 15 4.1 Market Features and Key Issues __________________________________________________________ 15 4.2 Natural Gas Supply Infrastructure _________________________________________________________ 17 4.3 Emergency Policy for Natural Gas _________________________________________________________ 18 List of Figures Total Primary Energy Supply .................................................................................................................................4 -
OMV New Zealand Limited and Shell
PUBLIC VERSION OMV New Zealand Limited Application for Clearance of a Business Acquisition Under Section 66 of the Commerce Act 1986 Proposed Acquisition by OMV New Zealand Limited of Shares in Shell Exploration NZ Limited, Shell Taranaki Limited, Shell New Zealand (2011) Limited, and Energy Infrastructure Limited 15 June 2018 30750909_1.docx TABLE OF CONTENTS Part A: Executive Summary ................................................................................................. 5 The Parties .................................................................................................................. 5 The Transaction .......................................................................................................... 5 Affected Markets ......................................................................................................... 6 Counterfactual ............................................................................................................. 7 Industry Context .......................................................................................................... 8 No Substantial Lessening of Competition in the Natural Gas Market ........................ 8 No Substantial Lessening of Competition in the LPG Market .................................. 11 No Substantial Lessening of Competition in Markets for Other Assets ................... 12 Conclusion ................................................................................................................ 13 Part B: The Parties ............................................................................................................. -
The Wealth Beneath Our Feet the Next Steps
THE WEALTH BENEATH OUR FEET THE NEXT STEPS THE VALUE OF THE OIL AND GAS INDUSTRY TO NEW ZEALAND AND THE TARANAKI REGION. A FRESH PERSPECTIVE ON THE INDUSTRY AND ITS ECONOMIC IMPACT. O&G INDUSTRY SUMMARY 208 PETAJOULES (PJ) OF GAS New Zealand produced Oil is our produced from our fields in 2013. The energy equivalent to: 4TH HIGHEST • 10,000 lightbulbs on for 10,000 35,500 EXPORT EARNER years or barrels of oil per day • 200 round trips to the sun from during 2013 earth in a Ford Falcon XR6 Natural gas is used by over Natural gas provides instant heat, 10,000 energy & continuous hot 11,720 COMMERCIAL USERS water supply for over such as restaurants, hotels, JOBS (FTEs) greenhouses & hospitals 245,000 NZ HOUSEHOLDS Gas underpins Gas provides Natural gas is used as an input in manufacturing to create 19% 22% ADDED VALUE of our electricity generation of our primary such as methanol for export, (2nd only to hydro) energy supply or urea for use on our farms Oil and gas contributed OUR GAS RESERVES $1.5B IN ROYALTIES Since 2008, drilling increased by 31% to government revenue activity has averaged (2013-2014) over the last 4 years – 40 WELLS PER YEAR sufficient to meet annual equivalent to the annual demand for 14.5 years budget for the NZ Police CURRENT PRODUCING FIELDS: 20 O&G fields are in production, all in Taranaki. Key oil & condensate fields (in descending order of remaining oil & condensate reserves) Maari, Pohokura, Maui, Kupe, Mangahewa, Turangi, Tui, Cheal, & McKee Key gas fields (in descending order of remaining gas reserves) Pohokura, Maui, Mangahewa, Kupe, Turangi, Kapuni, McKee, Kōwhai & Ngātoro FOREWORD hen we first measured for new jobs and greater, localised Over the last five years, the economic the full economic economic development. -
The OGOG Partial Offer
Accept the OGOG Partial Offer Target Company Statement in response to the OGOG Partial Offer The Independent Directors of New Zealand Oil & Gas have carefully considered the partial takeover offer from OGOG. They unanimously recommend that you accept the OGOG Offer. If you have any questions in respect of this document or the OGOG Offer, you should seek advice from your independent financial adviser or legal adviser. THIS IS AN IMPORTANT DOCUMENT AND REQUIRES YOUR IMMEDIATE ATTENTION Contents 3 Chairman’s Letter 4 SECTION 1: Independent Directors’ Unanimous Recommendation 10 SECTION 2: Takeovers Code Information 28 SECTION 3: Glossary 31 APPENDIX 1: Independent Adviser’s Report 76 APPENDIX 2: Simmons Corporate Finance Report on Fairness Between Classes 2 New Zealand Oil & Gas Takeover Target Company Statement 2017 CHAIRMAN’S LEttER NEW ZEALAND OIL & GAS Dear fellow New Zealand Oil & Gas Shareholder The Independent Directors unanimously recommend you accept the enclosed partial offer for your New Zealand Oil & Gas shares. Together with this document you will find an offer from O.G. Oil & Gas (Singapore) Pte. Ltd. (OGOG). You should read the further details below, in making your personal decision on the offer. To summarise the main reasons for our recommendation: ¬ We believe the offer price of 78 cents per share is fair because it is within the range assessed by the Independent Adviser, Northington Partners. A copy of their report is attached. ¬ OGOG is supportive of the New Zealand Oil & Gas’ current strategy and the continued development of the company. All shareholders stand to benefit from the backing of a shareholder such as OGOG, which sits within the Ofer Global Group. -
Compendium of Marine Species from New Caledonia
fnstitut de recherche pour le developpement CENTRE DE NOUMEA DOCUMENTS SCIENTIFIQUES et TECHNIQUES Publication editee par: Centre IRD de Noumea Instltut de recherche BP A5, 98848 Noumea CEDEX pour le d'veloppement Nouvelle-Caledonie Telephone: (687) 26 10 00 Fax: (687) 26 43 26 L'IRD propose des programmes regroupes en 5 departements pluridisciplinaires: I DME Departement milieux et environnement 11 DRV Departement ressources vivantes III DSS Departement societes et sante IV DEV Departement expertise et valorisation V DSF Departement du soutien et de la formation des communautes scientifiques du Sud Modele de reference bibliographique it cette revue: Adjeroud M. et al., 2000. Premiers resultats concernant le benthos et les poissons au cours des missions TYPATOLL. Doe. Sei. Teeh.1I 3,125 p. ISSN 1297-9635 Numero 117 - Octobre 2006 ©IRD2006 Distribue pour le Pacifique par le Centre de Noumea. Premiere de couverture : Recifcorallien (Cote Quest, NC) © IRD/C.Oeoffray Vignettes: voir les planches photographiques Quatrieme de couverture . Platygyra sinensis © IRD/C GeoITray Matt~riel de plongee L'Aldric, moyen sous-marine naviguant de I'IRD © IRD/C.Geoffray © IRD/l.-M. Bore Recoltes et photographies Trailement des reeoHes sous-marines en en laboratoire seaphandre autonome © IRD/l.-L. Menou © IRDIL. Mallio CONCEPTIONIMAQUETIElMISE EN PAGE JEAN PIERRE MERMOUD MAQUETIE DE COUVERTURE CATHY GEOFFRAY/ MINA VILAYLECK I'LANCHES PHOTOGRAPHIQUES CATHY GEOFFRAY/JEAN-LoUIS MENOU/GEORGES BARGIBANT TRAlTEMENT DES PHOTOGRAPHIES NOEL GALAUD La traduction en anglais des textes d'introduction, des Ascidies et des Echinoderrnes a ete assuree par EMMA ROCHELLE-NEwALL, la preface par MINA VILAYLECK. Ce document a ete produit par le Service ISC, imprime par le Service de Reprographie du Centre IRD de Noumea et relie avec l'aimable autorisation de la CPS, finance par le Ministere de la Recherche et de la Technologie. -
The Western Platform Multi Client 3D Seismic Survey Marine Mammal
The Western Platform Multi Client 3D Seismic Survey Marine Mammal Impact Assessment Report Number 740.10032-R02 23 November 2017 Schlumberger New Zealand Ltd 94 Paraite Road New Plymouth 4373 Version: v1.0 Schlumberger New Zealand Ltd Report Number 740.10032-R02 The Western Platform Multi Client 3D Seismic Survey 23 November 2017 Marine Mammal Impact Assessment v1.0 Page 2 The Western Platform Multi Client 3D Seismic Survey Marine Mammal Impact Assessment PREPARED BY: SLR Consulting NZ Limited Company Number 2443058 5 Duncan Street Port Nelson 7010, Nelson New Zealand (PO Box 5061, Port Nelson 7043 Nelson New Zealand) +64 274 898 628 [email protected] www.slrconsulting.com This report has been prepared by SLR Consulting NZ Limited with all reasonable skill, care and diligence, and taking account of the timescale and resources allocated to it by agreement with the Client. Information reported herein is based on the interpretation of data collected, which has been accepted in good faith as being accurate and valid. This report is for the exclusive use of Schlumberger New Zealand Ltd. No warranties or guarantees are expressed or should be inferred by any third parties. This report may not be relied upon by other parties without written consent from SLR. SLR disclaims any responsibility to the Client and others in respect of any matters outside the agreed scope of the work. DOCUMENT CONTROL Reference Date Prepared Checked Authorised 740.10032-R02-v1.0 23 November 2017 740.10032-R02 -v0.2 14 November 2017 740.10032-R01-v0.1 25 October 2017 SLR Consulting NZ Limited Schlumberger New Zealand Ltd Report Number 740.10032-R02 The Western Platform Multi Client 3D Seismic Survey 23 November 2017 Marine Mammal Impact Assessment v1.0 Page 3 Executive Summary Schlumberger New Zealand Ltd (Schlumberger) is proposing to acquire a three dimensional (3D) multi- client marine seismic survey in the Taranaki Basin. -
GNS Science Annual Report 2010 GNS Science Annual Report 2010
GNS Science Annual Report 2010 GNS Science Annual Report 2010 01 GNS Science Annual Report 2010 01 GNS Science Annual Report 2010 Contents 03 Introduction and statistics 34 Corporate Governance 04 Our Science 36 CRI Capability Fund Report 06 GNS Science at a glance 41 Report of the Directors 07 From the Chairman and Chief Executive 42 Income Statement 10 Fifty ways we benefit New Zealand 43 Statement of Comprehensive Income 12 A closer look at our radiocarbon dating 43 Statement of Changes in Equity 14 A closer look at our petroleum geoscience 44 Balance Sheet 16 A closer look at our work on the 45 Statement of Cash Flows Transmission Gully route 46 Notes to the Financial Statements 18 Student support 61 Performance Indicators 19 Organisational structure 63 Statement of Responsibility 20 New public-good research contracts 64 Audit Report 22 Our commercial activities 65 Directory – applying our science 24 Management team 26 Human resources 28 Collaborations and partnerships 30 Board of Directors 32 International linkages 02 Contents GNS Science Annual Report 2010 Introduction $65.1 million 369 staff Record annual revenue Full-time equivalents $2.4 million $176,500 Profit before tax Revenue per FTE 5.0% $9.1 million After-tax return on equity Invested in new equipment and infrastructure The formation of the Earth has taken hundreds of millions of years, layer upon layer, shaping and forming, reshaping and reforming, with events in the distant past continuing to influence our physical environment today. So it is with science – formulating ideas and reformulating them. Making new discoveries and creating new solutions, so that the work of the past benefits our lives today, and the work of today will benefit future generations.