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OMV plans $500 million-plus Taranaki investment

 OMV expects to invest more than $500 million in Taranaki in coming years to maintain production from the offshore Maui and Pohokura fields.

The firm, which in December took over operatorship of the two fields from former partner Shell, is embarking on a “tremendous increase in activity,” says Gabriel Selischi, OMV’s senior vice

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