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The NZ Government has commenced work to manage the Tui oil field assets and plan for decommissioning of its wells.
The Ministry of Business, Innovation and Employment (MBIE) has signed an agreement with BW Umuroa Pte. Ltd (BWU), the owner and operator of the FPSO Umuroa, to demobilise and disconnect the vessel from the Tui Oil Field.
High volumes of permit applications and limited resources mean that applications deemed incomplete will be rejected.