New Zealand Oil & Gas (NZOG) has entered into a new gas supply agreement for the supply of gas to the Northern Territory’s Power and Water Corporation.
The agreement has been made via a back-to-back agreement with Macquarie Mereenie.
The contract will commercialise a portion of the increased production made available by the recent Mereenie development campaign, which saw two new production wells drilled and four existing wells re-completed.
Northbridge Industrial Services plc (LON:NBI) hires and sells specialist industrial equipment to a non-cyclical customer base. With offices or agents in the UK, US, Dubai, Belgium, Germany, France, Australia, Singapore, New Zealand, Brazil and Korea, Northbridge has a global customer base.