21/09/2026
An Important Announcement - MB Century and Webster Energy Services announce next chapter for Rig 32.
MB Century Ltd and Webster Energy Services (Webster Drilling and Exploration Limited) announce an agreement for the sale of MB Century’s Rig 32 drilling rig to Webster Energy Services.
The transaction is expected to be finalised in December 2026 following completion of the current Tūaropaki Power Company drilling campaign.
The agreement marks the next chapter for Rig 32, which has played an important role in New Zealand’s geothermal industry.
For MB Century, the sale supports its broader strategic direction and continued investment in engineering and technical services. For Webster, it provides an opportunity to grow its presence in New Zealand geothermal and build on its longstanding drilling expertise.
MB Century and Webster Energy Services have announced an agreement for the sale of MB Century’s Drillmec HH350 drilling rig, Rig 32, with the transaction expected to be finalised in December 2026 after completion of the current Tūaropaki Power Company drilling campaign. The agreement marks an imp...