Australian upstream company Origin Energy has signed an agreement with Genesis Power Limited to acquire a 50% interest in the Kupe gas field in PML 38146, offshore New Zealand. Origin said it will pay NZ$33 million in cash instalments. It has also agreed to contract its share of sales gas from the field to Genesis…
NEW ZEALAND: Origin acquires 50% interest and operatorship of Kupe gas field
Posted on February 12, 2004 by EnergyAsia