Articles tagged with Awakino

New Petroleum Exploration Permit Application Invites Investment in NZ Offshore Basin

2 hours ago | 45 views

Resources Minister Shane Jones has welcomed Sunda Energy's new petroleum exploration permit application in the offshore northern Taranaki Basin, marking the sixth such application since the government lifted the offshore oil and gas exploration ban. Sunda Energy, having entered the New Zealand market through acquiring Matahio Energy’s assets, seeks to conduct geological and seismic studies over a 645 sq km area with known potential, aiming to evaluate drilling targets. The competitive application process, open until October 14, 2026, reflects growing investor interest that could enhance New Zealand’s energy security, create jobs, and boost economic resilience.

Tags: Shane Jones Sunda Energy New Zealand Petroleum and Minerals Matahio Energy Taranaki Basin Cheal Sidewinder Puka Awakino Crown Minerals Act

Budget 2026 Invests $400M to Strengthen NZ Roads and Improve Disaster Preparedness

1 month ago | 600 views

Budget 2026 allocates $400 million to enhance infrastructure resilience, emergency management, and hazard information across New Zealand, focusing on protecting vulnerable communities from severe weather and natural disasters. Key projects include strengthening critical state highways prone to landslides and erosion, developing the first national Flood Map for property-level risk assessment, and modernizing emergency systems for real-time coordination during crises. This investment aims to reduce long-term costs, improve disaster preparedness, and ensure faster recovery by proactively addressing infrastructure weaknesses and improving risk management.

Tags: Nicola Willis Chris Bishop Budget 2026 New Zealand Flood Map SH2 Waioweka Gorge SH3 Awakino Gorge SH25 Coromandel SH60 Tākaka Hill