New Zealand’s energy sector continues to demonstrate a remarkable drop in oil and gas emissions, achieved through collaboration and innovative practices, a new report from Energy Resources Aotearoa shows.
Matahio Energy has announced a new partnership with Kadita Partners, a private credit firm specialising in Southeast Asia's strategic growth sectors, which will see its Philippines offshore operations become more resilient, through the raising of a working capital facility with Kadita.
New Zealand’s energy sector continues to demonstrate a remarkable drop in oil and gas emissions, achieved through collaboration and innovative practices, a new report from Energy Resources Aotearoa shows.
Cheal Petroleum Limited (“CPL”), Matahio's wholly owned NZ subsidiary, has signed an SPA for the acquisition of East West Petroleum's 30% participating interest in the Cheal East permit, PMP 60291 (onshore Taranaki), for an upfront payment of 1 MM USD (effective 31st July 2023).
The 2023 update, Powering our low-emissions future, showcases the work Accord signatories are undertaking to share best practice and improve upon their emissions reductions to date as part of a managed, affordable, and durable transition to net zero emissions by 2050.
Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Taranaki Basin, North Island, New Zealand.
Matahio Energy's Philippines operating company NPG Pty Ltd (NPG) has signed a “Life-of-Field” contract with THREE60 Operations Services Ltd (THREE60) for the provision of Operations and Maintenance (O&M) services for the Floating Production, Storage and Offloading (FPSO) vessel “Intrepid Balanghai”, located at the Galoc Field 60 kilometres offshore Palawan, Republic of the Philippines.
Being progressive extends beyond our operations; it is also about how we treat our people. In 2023, we took a major step forward in our efforts in this area, when we launched an employee wellbeing series in collaboration with mental health expert, Paul Rangiwahia.
As progressive energy company focused on championing the global energy transition, we are proud to partner with the TRFU for the 2022 season as a sponsor of the Family Zone.
Matahio has engineered and installed solar energy in underserved communities, thus improving the lives of those communities. In partnership with TONIBUNG, we identified the Dusun indigenous community in Kg Walou, located 25 kilometres from the nearest main road in Ranau, Sabah, Malaysia.