The Maari oilfield is an oil reservoir located 80 kilometres (49.7 mi) off the coast of South Taranaki, New Zealand

New Zealand

New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses and numerous smaller islands. The country is situated some east of Australia across the Tasman Sea, and roughly south of the Pacific island nations of New Caledonia, Fiji, and Tonga...

. Maari is the largest crude oil field in New Zealand with total reserves of 51 Moilbbl.

Production of oil began in February 2009, and the field is expected to have a productive life of 10 to 15 years. The lead partner for the field is OMV New Zealand

OMV

OMV is Austria's largest oil-producing, refining and gas station operating company with important activities in other Central European countries...

 (69%), with other parties Todd Maari

Todd Energy

Todd Energy is a diversified energy company operating in New Zealand. Todd Energy employs over 200 people and is part of the Todd Corporation. Nova Energy is the retail division of Todd Energy- Electricity :...

(16%), Horizon Oil (10%) and Cue Taranaki (5%).