First offshore petroleum permit granted after ban repeal

Business Reporter·NZ Herald·29 Jul, 2026 01:38 AM4 mins to read‌New Zealand has awarded the first petroleum exploration permit since the coalition Government reversed the ban on offshore exploration last year.New Zealand has awarded the first petroleum exploration permit since the coalition Government reversed the ban on offshore exploration last year. Resources Minister Shane Jones said New Zealand Petroleum and Minerals – the government regulator responsible for the Crown’s minerals estate – had awarded Adelaide-headquartered EnZed Energy a 12-year petroleum