Wiri, New Zealand
Matahio Energy is an independent energy company founded in 2022 by four experienced oil and gas industry professionals backed by OCP. The company operates across Southeast Asia and Australasia, with a focus on integrity, resilience, and collaboration. In 2023, Matahio acquired six onshore oil and gas licences in New Zealand and restarted drilling at Cheal after a six-year pause. They also acquired the Galoc field in the Philippines along with the FPSO Intrepid Balanghai. By 2024, Matahio consolidated its portfolio by acquiring East West Petroleum’s interest in the Cheal East permit and secured a working capital facility from Kadita Partners to support operations in the Philippines. Matahio aims for net zero emissions by 2030 and has implemented deep decarbonisation initiatives. The company emphasizes mental health through monthly workshops led by a mental health expert.
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