Matahio Energy was featured in Taranaki’s LIVE Magazine August-September 2022 issue.
As a progressive energy company, Matahio Energy is focused on championing the global energy transition. Matahio knows the value of playing the long game and fostering the skills of our next generation of engineers, geoscientists and energy leaders.
Aiming for Net Zero
Matahio Energy kicks off in New Zealand by powering up local rugby and schools initiative; plans to reach Net Zero by 2030.
As a progressive energy company, Matahio Energy is focused on championing the global energy transition. Matahio knows the value of playing the long game and fostering the skills of our next generation of engineers, geoscientists and energy leaders. With winter in full force, the rugby season gives Kiwis a significant energy boost during the cooler months, and Matahio is proud to be partnering with the TRFU for the 2022 season as a sponsor of the Family Zone. The Matahio Family Zone will be a haven for families to create memorable experiences at Yarrow Taranaki Bulls home matches, where there will be giveaways and other fun activities including face painting for the kids. Young fans also have the opportunity to feature on the big screen via Matahio kids cam. Through this partnership, Ngaere School students are in luck; they’ll receive complimentary tickets to home matches and a school visit from members of the Yarrows Taranaki Bulls team.
Matahio has a deep connection to the community and is embarking on a journey to establish a strong presence in Taranaki, employing many Taranaki locals in the process. As a responsible operator, Matahio has long-term plans for this growing New Zealand business. The company recognises the need to adapt and make a proactive contribution to reducing greenhouse gas (GHG) emissions wherever possible, consequently its first focus is on deep decarbonisation of its operations. It adopts a rigorous process of assessment, engineering and executing GHG emission reduction projects.
Matahio commissioned a landmark independent report developed in collaboration with an internationally acclaimed independent third party, which lavs out an evidence-based roadmap for the company to reach Net Zero by 2030, 20 years ahead of the New Zealand Government’s 2050 goal. In executing this plan, Matahio will be able to reduce its emissions by up to 50 percent by 2026, by making several operational upgrades and at the same time, will move forward in maturing carbon and exhaust capture opportunities.
To achieve Net Zero and energy transition, ensuring the industry fosters and attracts highly skilled workers is vital. Matahio values its relationship with local schools and has regularly sponsored scholarships and taken on interns to invest in and demonstrate the valuable career pathways open to young people. As part of its support of local youth, Matahio is a sponsor of the 2022 Energy Skills’ Taranaki Primary Schools Science and Engineering Fair.
Note: Matahio Energy has signed a sale and purchase agreement to acquire several onshore permits in Taranaki, contingent upon Government approval of a Change of Control application.