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New oil explorer faces sole bid test after offshore ban overturned

EnZed Energy is the sole applicant for an offshore permit after the ban was lifted, with MBIE assessing technical, financial, and environmental criteria over six months.

Summary by NZ Herald
By Kate Newton of RNZ An Australian firm incorporated weeks before New Zealand’s offshore oil and gas ban ended will have its application for an exploration...

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RNZ broke the news in New Zealand on Friday, January 16, 2026.
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