New zealand oil companies 2026

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This has made OMV the focus of the movement against oil and gas exploration led by Greenpeace in New Zealand. OMV currently operates the Maari oil field, making it the countrys largest oil producer.
Were New Zealands oldest oil company, with Mobil and its affiliated companies doing business in the country for more than 120 years.
The divestment is part of Shells restructuring of its global business to sell non-core assets and concentrate on key exploration and production regions to counter low oil prices.
The oil and gas industry in New Zealand explores and develops oil and gas fields, and produces and distributes petroleum products and natural gas. In 2022, New Zealands net self-sufficiency in oil (production divided by consumption) was 12%, i.e. the country imported much more crude and refined oil than it exported.

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