Eyal Ofer has pushed his involvement in the offshore sector into new territory after taking control of New Zealand Oil & Gas.

OG Oil & Gas, which is part of Ofer Global, is now the majority shareholder in the company that controls two of the world’s 10 largest gas prospect fields.

The tycoon has been involved in drilling and, via Omni Offshore Terminals, has a presence in the floating production, storage and offloading space.