Scoop has an Ethical Paywall
Update on New Zealand incident
Update on New Zealand incident
AWE, as operator of the Tui Area Oil Project, advises that the clean-up of oil along a section of the Taranaki coast has been completed.
While Maritime New Zealand is conducting further tests, the Tui Joint Venture accepts that the source of the degraded oil was a discharge of oil-contaminated water from the Floating Production, Storage and Offtake vessel Umuroa on Sunday 21 October.
Immediate measures have been taken to guard against any repeat of this incident. Production operations have continued uninterrupted since the incident. The integrity of the production wells and facilities is not in question.
AWE is co-operating fully with Maritime
New Zealand and the clean-up costs will be met in full.
These costs are not expected to be material. A decision on
whether or not there will be any further action lies with
Maritime New Zealand.
ENDS
Worldline: Boxing Day Spending Up On Last Year, But Pre-Christmas Spending Is Slightly Down
Skoltech: Scientists Reinvent Physical Laws Governing Formation Of Snowflakes, Raindrops, And Saturn’s Rings
Trademe: Trash To Treasure - Kiwi Make The Most Of Unwanted Christmas Gifts 
Financial Markets Authority: FMA Seeks Clarity From High Court On Use Of Eligible Investor Certificates In Wholesale Investment Sector
Scion: Scion’s Novel Internship Model Connects Talent With Industry
Financial Markets Authority: Westpac Admits To Misleading Representations That Resulted In $6.35m In Overcharges
