The project is expected to produce around 230,000 barrels a day at peak oil
ANZ sold its 20% stake in the Chinese bank for 1.84 billion
The deal, worth around $260 million for half of the company, is expected to improve the NZ firm’s access into China
New Zealand Oil & Gas sold its 15% stake in the Kupe oil and gas field for $168 million.
The firm which went into voluntary administration was hit hard by a slump in the coal market and was unable to pay nearly $400 million in debt.
The firm said that the deal is a positive sign for the renewable energy growth in Australia despite political uncertainty.
Auckland-based law firm has advised Accident Compensation Corporation (ACC) on its acquisition of a 22% stake in the Kiwibank group of companies.
One firm has advised on a major dual listing with a market capitalisation of $154.5m.
Australasian law firm has helped Kiwibank to establish its ground-breaking Fintech Accelerator program
Arbitration team swap for international firm… Magic Circle firm to open second global hub… International firm announces management changes…