News
New report demonstrates tangible emissions reductions by energy sector participants
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 secures financing from Kadita Partners to drive growth in the Philippines
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.
Matahio NZ Expands Portfolio with 100% Ownership of Cheal East Permit
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.
Announcement: Matahio has signed an SPA for the acquisition of East West Petroleum's 30% participating interest in the Cheal East permit
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).
Accord Partners Reduce Emissions In 2023 Update
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 completes acquisition of onshore assets in New Zealand
Matahio Energy has completed the acquisition of a portfolio of six onshore oil and gas licenses in the Taranaki Basin, North Island, New Zealand.
Announcement: SC14C1 Galoc, Philippines: Execution of Life-of-Field Operations & Maintenance Contract
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.
Announcement: Matahio Energy completes acquisition of 79% interest in the SC14C1 Galoc Joint Venture and the FPSO Intrepid Balanghai
Matahio Energy has completed on the acquisition of two legal entities, the first being NPG Pty Ltd, which own a 78.8% operated interest in the producing Galoc field, situated 60km offshore Palawan in the Republic of the Philippines. In addition, Matahio has also acquired a legal entity that wholly owns the FPSO Intrepid Balanghai, which is currently stationed on the Galoc field.
Clear and safe drinking water for Brgy. Concepcion in Busuanga, Palawan community, thanks to Matahio’s collaboration with local partners
Matahio Energy’s Philippines operating company NPG Pty Ltd (NPG) and Filipino Joint Venture partners of SC14C1 Galoc Field support the island communities of Busuanga, Culion and Linapacan, which lie adjacent to the Galoc field in NorthWest Palawan.
Matahio: Making a difference where it matter
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.
Matahio Energy attends Energy Council APAC Conference in Singapore
The Matahio Energy team had the pleasure of attending the APAC Energy Conference on 7-8 June in Singapore. Matahio was also a sponsor of the event.