OPERATIONS

OMV profits from Pohokura

FULL production from the Pohokura gas-condensate field in Taranaki, New Zealand, has allowed Austrian company OMV to more than double its NZ profits to over $NZ95 million ($A75 million) in the past year.

Christchurch newspaper The Press reported today that OMV's earnings - as disclosed in Companies Office documents - were up 147% from the previous year while turnover was $NZ295.2 million, up 130%. Pohokura...

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