Articles tagged with Hip
New Petroleum Prospecting Application Targets Offshore Pegasus Basin in NZ
10 hours ago | 41 viewsResources Minister Shane Jones announced a new petroleum prospecting application by CBX Energy Limited for the largely under-explored Pegasus Basin east of New Zealand’s North Island, aiming to enhance understanding of its hydrocarbon potential. This application, covering over 4207 sq km, is part of a competitive three-month process and reflects renewed industry confidence following the repeal of the offshore exploration ban. The prospecting will utilize existing geological and geophysical data to inform future exploration, with applications assessed based on technical, financial, and compliance criteria under the Minerals Programme for Petroleum 2025.
Tags: Shane Jones CBX Energy Limited Pegasus Basin New Zealand Petroleum and Minerals Wahipapa fairway offshore exploration petroleum prospecting hydrocarbons Minerals Programme for Petroleum 2025 Crown Minerals ActNorthland Shipyard Fast-Track Approval Boosts NZ Maritime Economy and Jobs
3 days ago | 95 viewsThe Northland Shipyard and Dry Dock project at Marsden Point has lodged a fast-track consent application under the Fast-Track Approvals Act 2024, aiming to provide domestic maintenance for large vessels and reduce reliance on overseas dry docks. The facility is expected to boost the economy by $1.05 billion over 38 years, create significant jobs during construction and operation, and support New Zealand’s maritime sector and regional development. Located near Northport with deep-water access, the project aligns with national infrastructure goals and is part of the National-NZ First coalition agreement.
Tags: Northland Shipyard Dry Dock Shane Jones Marsden Point Environmental Protection Authority New Zealand maritime Northport Whangārei HarbourGovernment and Partners Invest $700K to Empower Auckland Youth Through Polyfest Program
1 week ago | 166 viewsThe Government, alongside Rangitāmiro Limited and One Foundation Limited, is investing $700,000 to support The Polyfest Trust's three-month leadership and mentoring programme for over 350 Auckland youth aged 12 to 24. The initiative, integrated with the ASB Polyfest Māori stage, aims to develop participants' leadership, goal-setting, and decision-making skills while preparing them for future education, training, and employment opportunities. Emphasizing culture and community, the programme fosters confidence, identity, and long-term success through personalised mentorship and engagement plans.
Tags: Polyfest Trust James Meager Youth Development Partnership Rangitāmiro Limited One Foundation Limited ASB Polyfest Youth Minister Kapa Haka Nationals International Youth Day Pacific cultural festivalsNew Zealand and Viet Nam Strengthen Bilateral Trade and Agricultural Cooperation
1 week ago | 191 viewsNew Zealand and Viet Nam are enhancing their bilateral trade and cooperation, particularly in agriculture, through new market access and a Memorandum of Arrangement focused on agriculture, fisheries, and forestry. This partnership will allow Viet Nam to access premium New Zealand products like honey and venison, while New Zealand imports Vietnamese flowers and foliage, reflecting mutual benefits for producers and consumers. The collaboration emphasizes research, technology, sustainable agriculture, and capability development, building on their Comprehensive Strategic Partnership established last year.
Tags: Todd McClay New Zealand Viet Nam bilateral trade agriculture Memorandum of Arrangement Comprehensive Strategic Partnership exporters sustainable agriculture diplomatic relationsNew Zealand and Viet Nam Advance Comprehensive Strategic Partnership with Key Agreements
1 week ago | 200 viewsPrime Minister Christopher Luxon and Viet Nam’s President To Lam agreed on new measures to advance the New Zealand-Viet Nam Comprehensive Strategic Partnership, focusing on trade, investment, science, technology, and security cooperation. They announced five key outcomes in agricultural cooperation, market access, education, defence, and climate-smart agriculture to benefit exporters, farmers, and health professionals. This visit, the first by a Vietnamese President to New Zealand since 2007, sets a clear direction for the bilateral relationship in the coming decade.
Tags: Christopher Luxon To Lam New Zealand Viet Nam Comprehensive Strategic Partnership Ha Noi trade agriculture diplomatic relationsGovernment Funds $200K Agri Futures Program to Support At-Risk Youth in NZ
2 weeks ago | 203 viewsThe NZ Rural Games Trust has received $100,000 from the Youth Development Partnership and Innovation Fund, matched by the Trust for a total of $200,000, to run a ten-week ‘Agri Futures Pathways’ pilot program for at-risk youth aged 12 to 24 in the lower North Island. The program offers hands-on workshops in rural industry skills such as sheep shearing, quadbike safety, and horticulture, and supports participation in the national Clash of the Colleges competition. This initiative aims to engage young people with education and career opportunities in the primary sector, aligning with government goals to fund programs demonstrating successful outcomes.
Tags: James Meager NZ Rural Games Trust Youth Development Partnership Agri Futures Pathways Clash of the Colleges primary industries rural workforce agriculture horticulture Ministry of Youth DevelopmentGovernment and Community Fund $950K to Boost Youth Education and Employment in Waikato
1 month ago | 286 viewsThe Waikato Region will benefit from joint Government and community funding initiatives to support over 400 young people in education, leadership, and employment pathways. The Hauraki Māori Trust Board received $316,000 (matched to $632,000) for a two-year early intervention program aiding 320 students' transition to high school, while the Raukawa Charitable Trust got $120,000 to run employability and education programs for 80 youth. Youth Minister James Meager emphasized that these partnerships leverage local knowledge to provide tailored support, align with government targets, and enhance opportunities without extra taxpayer cost.
Tags: James Meager Waikato Region Hauraki Māori Trust Board Youth Development Partnership Raukawa Charitable Trust Len Reynolds Trust Ministry of Youth Development Department of Internal Affairs youth employment education pathwaysNew Zealand and Philippines Announce Comprehensive Partnership to Boost Cooperation
1 month ago | 267 viewsNew Zealand and the Philippines have formalized a Comprehensive Partnership to enhance cooperation across political, defense, trade, and people-to-people ties. This partnership, announced by Foreign Minister Winston Peters and Philippine Foreign Secretary Maria Theresa P. Lazaro, marks 60 years of diplomatic relations and aims to support a stable, rules-based Indo-Pacific region. Additionally, both countries signed new agreements on education and geothermal energy, with further discussions planned during Peters’ visit to ASEAN-related events in Manila.
Tags: Winston Peters Maria Theresa P. Lazaro Gilberto Teodoro New Zealand Philippines Comprehensive Partnership ASEAN Southeast Asia diplomatic relationsFuture of Investment and Trade Partnership Advances Global Trade and Reduces Barriers
1 month ago | 314 viewsMembers of the Future of Investment and Trade (FIT) Partnership, including New Zealand, committed to practical initiatives to enhance trade by tackling non-tariff barriers, promoting digital trade, and strengthening economic resilience. The meeting resulted in declarations addressing NTBs, digital trade facilitation, economic security, and global subsidies, aiming to support fair competition and secure supply chains. Additionally, Korea, Peru, and Thailand joined the partnership, increasing membership to 19 and highlighting the group's growing influence.
Tags: Todd McClay New Zealand FIT Partnership Korea Peru Thailand Fiji Samoa Trade Minister Ministerial DeclarationFIT Partnership Expands to 19 Members Boosting Global Trade Opportunities
1 month ago | 368 viewsThe Future of Investment and Trade (FIT) Partnership has expanded from 16 to 19 members with Korea, Peru, and Thailand joining, reflecting growing interest among small and medium-sized trading nations. The partnership focuses on creating simple, consistent trade rules to support exporters, strengthen trading positions, and foster economic growth amid global uncertainties. New Zealand, a founding member, hosted a significant Ministerial meeting in Auckland, emphasizing the importance of collaboration among like-minded economies to open doors in emerging markets and enhance trade opportunities.
Tags: FIT Partnership Todd McClay New Zealand Korea Peru Thailand Trade Investment Ministerial meeting Emerging marketsNew Zealand and Singapore Launch Landmark Agreement to Secure Essential Supplies
1 month ago | 285 viewsA landmark Agreement on Trade in Essential Supplies (AOTES) between New Zealand and Singapore, signed in May 2026, is now in force to strengthen supply chain resilience amid global conflicts. Under the agreement, Singapore guarantees fuel, medicines, and chemicals to New Zealand, while New Zealand guarantees food supplies to Singapore, ensuring stability for businesses and citizens. This world-first pact highlights the strong bilateral partnership and commitment to open, rules-based trade between the two nations.
Tags: New Zealand Singapore Todd McClay Chris Luxon Lawrence Wong Gan Kim Yong AOTES Trade Agreement Supply Chain Comprehensive Strategic PartnershipKiwiRail to Operate New Cook Strait Ferries Kupe and Cook from 2029
1 month ago | 333 viewsThe New Zealand Government has confirmed KiwiRail will operate two new Cook Strait rail ferries, named Kupe and Cook, arriving in 2029 with a 30-year operational plan to ensure a practical and affordable ferry service. The project, capped at $1.7 billion, saves $2.3 billion compared to previous estimates and includes commercial arrangements protecting taxpayers while supporting critical freight routes between Auckland and Christchurch. The programme also features new marine infrastructure, strict project management, and a long-term strategy to maintain rail ferry services for future generations.
Tags: Winston Peters KiwiRail Kupe Cook Cook Strait CentrePort Port Marlborough Ferry Holdings Guangzhou Shipyard International InterislanderNew Zealand and Switzerland Launch Trade and Investment Dialogue to Boost Cooperation
1 month ago | 290 viewsNew Zealand and Switzerland have agreed to establish a Trade and Investment Dialogue to enhance cooperation on trade, economic security, e-commerce, investment, and sustainability. This initiative follows discussions between their trade officials and aims to strengthen bilateral trade and collaboration within international forums amid global economic uncertainty. In the year ending December 2025, two-way trade totaled NZ$1.88 billion, with key exports and imports including services, meat, pharmaceuticals, and intellectual property, and the first official meeting is scheduled for September.
Tags: New Zealand Switzerland Todd McClay Helene Budliger Artieda Trade and Investment Dialogue FIT Partnership World Trade Organization OECD economic cooperation bilateral tradeFiji and New Zealand Renew Duavata Partnership to Strengthen Ties by 2030
1 month ago | 329 viewsThe Foreign Ministers of Fiji and New Zealand signed a refreshed Duavata Partnership, setting priorities for their relationship over the next five years. They emphasized their strong, long-standing ties across various sectors and discussed collaborative efforts like the Ocean of Peace Alliance and boosting two-way trade to NZ$2 billion by 2030. Additionally, Fiji’s Minister Ditoka will attend the Future of Investment and Trade Partnership Ministerial Meeting in Auckland as a guest of New Zealand.
Tags: Fiji New Zealand Duavata Partnership Peters Ditoka Todd McClay Ocean of Peace Alliance trade investment cooperationGlobal Trade Ministers Gather in Auckland for Major FIT Partnership Meeting
1 month ago | 302 viewsTen trade ministers and up to 100 delegates from 21 countries will meet in Auckland for the second Future of Investment and Trade (FITP) Partnership Ministerial Meeting, chaired by New Zealand's Trade Minister Todd McClay. The meeting aims to reduce trade barriers, simplify trade rules, and address non-tariff barriers affecting $9 billion of New Zealand trade, while promoting digital trade and tackling trade-distorting subsidies. This global gathering strengthens ties among small and medium-sized economies and positions New Zealand at the forefront of international trade discussions.
Tags: Todd McClay New Zealand FIT Partnership trade ministers international trade global trade trade rules digital trade trade disruptions