The FPSO renovation was an US$80 million exercise, understood to be part of the US$300 million “Maari Growth” campaign that comprises facilities upgrades and drilling.
The FPSO upgrade was a significant programme in a New Zealand context.
FPSOs traditionally sail to Singapore for major work, but OMV and its field partners opted to keep the floater in New Zealand, sending it to Port Nelson at the top of the South Island.
For
