Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Shell spill continues as NZ deep water aspirations revealed

Shell’s spill continues as NZ deep water aspirations revealed

Auckland, 17 August 2011 - As Shell Oil was announcing its involvement in plans to drill in the deep water of the Great South Basin, off the bottom of the South Island, the 1300-barrel spill from a rig operated by Shell in the North Sea was being labelled as ‘substantial’ by the UK Government.

Shell kept the leaks secret for two days after they began, and is refusing to say how much oil is still escaping.

“The Shell rig that is leaking in the North Sea is in only about 95 metres of water, and yet they still can’t quickly stop a leak,” says Greenpeace NZ Climate Campaigner Steve Abel.

“Steven Joyce, speaking in Parliament earlier this year, put the depths in the Great South Basin at 1700 metres deep. There would be no hope of quickly fixing a problem at those depths.

“Exxon Mobil, a company infamous for its poor environmental record, gave up its right to explore in the Great South Basin on the basis that the risks were too high. And yet Shell, along with its partners, are happy to expose the Southern Coast and Stewart Island to a Gulf of Mexico-style oil disaster.

BP’s exploratory rig, the Deepwater Horizon, was operating in 1500 metres of water when it exploded and sank last year, spilling millions of barrels of oil.

Shell’s name is closely linked to a series of disastrous oil spills in Nigeria.

“This is not the sort of industry we want in our waters. The Government has to give up on its obsession with expanding the fossil fuels industry, and instead invest in clean technologies that will address the climate crisis, and provide the sort of stable economic future that will give us real prosperity’” says Abel.

A seismic survey is expected to begin in the Great South Basin in December.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Air New Zealand: Employees Recognised With $1,000 Share Award

The efforts Air New Zealand employees made during one of the airline’s toughest years will be recognised via an award of $1,000 worth of company shares to all permanent employees... More>>

Consumer NZ: Bank Complaints On The Rise, Survey Shows

Nearly one in five Kiwis had a problem with their bank in the past year, Consumer NZ’s latest satisfaction survey finds. Consumer NZ chief executive Jon Duffy said the number of bank customers reporting problems had jumped to 18%, up from 11% in 2020... More>>

Federated Farmers: Applauds UK-Australia Free Trade Deal

News that Australia and the UK have signed a free trade agreement is a promising step forward in the fight against tariffs and protectionism, Federated Farmers says.
"It reinforces the international rules-based trading framework and is important for rural producers and global consumers," Feds President Andrew Hoggard says... More>>

ASB: New Zealanders Missing Out On Hundreds Of Millions In KiwiSaver Government Contributions

New Zealanders have just over a week to ensure they’re eligible for the maximum annual government KiwiSaver contribution... More>>

Stats NZ: GDP Climbs 1.6 Percent In March 2021 Quarter Following December Dip

Gross domestic product (GDP) rose by 1.6 percent in the March 2021 quarter, following a 1.0 percent fall in the December 2020 quarter, Stats NZ said today. "After an easing of economic activity in the December quarter, we’ve seen broad-based growth in the first quarter of 2021... More>>

Reserve Bank: Debt Serviceability Restrictions Added To Policy Toolkit

The Reserve Bank – Te Pūtea Matua and the Minister of Finance have agreed to update their shared Memorandum of Understanding (MoU) on macro-prudential policy and add debt serviceability restrictions to the list of potential tools available... More>>