Austrian oil and gas company OMV has discovered hydrocarbons at an exploration well offshore New Zealand.
Reports about the new discovery emerged only days after OMV revealed its decision to postpone further drilling off New Zealand due to the current market situation and the coronavirus pandemic.
Environmental group Greenpeace earlier this week welcomed OMV’s decision to abandon its plans for the Maui-8 exploration well hoping that would mean the end of the company’s drilling plans and its exit from the country.
However, following the new discovery, it looks like OMV might stick around.
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