Mb Century
MB Century is a privately held New Zealand-based energy solutions provider offering drilling, reservoir engineering, steamfield design, fabrication, turbine, and EPC services to geothermal, hydropower, hydrogen, and industrial clients across New Zealand, Indonesia, the Philippines, and Papua New Guinea.
- Company typePrivate
- Founded1950
- HeadquartersTaupo, New Zealand
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Mb Century does
MB Century Drilling and Energy Services (NZ) Limited is a privately held, end-to-end energy solutions provider headquartered in Wairakei, near Taupo, New Zealand, with a corporate lineage tracing back to 1950 as the Ministry of Works and Development. The company is owned by the Tuaropaki Trust (since 2015) and operates alongside sister businesses in geothermal power generation, glasshouses, and dairy processing within the Tuaropaki group. It employs over 500 staff across New Zealand and offices in Indonesia (Jakarta) and the Philippines (Manila).
The company offers a diversified portfolio across the energy generation lifecycle. Drilling services use the Drillmec HH350 rig (Rig 32) — the most advanced geothermal drilling rig in New Zealand — for exploration, production, reinjection, and workover wells. Reservoir services deploy proprietary downhole tools including PTS (Pressure Temperature Spinner) instruments rated to 350°C/350 bar and the HTCC family of casing integrity evaluation tools (HTCC-MF, HTCC-EM, and the latest HTCC-EMX at 350°C). Engineering and design services cover steamfield design, hydropower refurbishment, EPC delivery, and specialized turbine services. The company also operates workshop-based fabrication (welding, plate rolling, CNC profile cutting, pressure vessels to ASME/AS/NZS standards), industrial coatings (sandblasting and painting using Altex products), and on-site precision machining using mobile line boring and Cimax mobile milling equipment. Adjacent services include project management, hydrogen facility services (anchored by the 1.5MW H2 Project commissioned in March 2021), and water industry engineering.
Revenue is generated primarily through project-based and time-and-materials professional services contracts across multiple streams: EPC delivery, drilling, reservoir and logging services (with a licensing/tools sales component), site mechanical services, fabrication, coatings, precision machining, and project management. Go-to-market is enterprise field sales — direct engagement with utilities, power station operators, and industrial companies in New Zealand, Indonesia, the Philippines, and Papua New Guinea — supported by relationships with major OEMs (Voith Hydro, Andritz, GE, Ormat, Hydrogenics) and industry event participation (e.g., the New Zealand Geothermal Workshop). Pricing is project-quoted and not publicly disclosed. Key customers include Mercury NZ, Genesis Energy, Contact Energy, Meridian Energy, Trustpower, Eastland Generation, Top Energy, Todd Energy, Tuaropaki Power Company, Fuji Electric, Toshiba, Ormat, and Fonterra, with Taupo District Council as a government client.
Mb Century firmographics
Firmographics- Name
- Mb Century
- Legal name
- MB Century Drilling and Energy Services (NZ) Limited
- Website
- https://mbcentury.com
- Company type
- Private
- Founded year
- 1950
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- MB Century is a privately held New Zealand-based energy solutions provider offering drilling, reservoir engineering, steamfield design, fabrication, turbine, and EPC services to geothermal, hydropower, hydrogen, and industrial clients across New Zealand, Indonesia, the Philippines, and Papua New Guinea.
- Ownership category
- akta.pro rank
Mb Century industry classification
Industry- Product category
- Geothermal and Energy Engineering Services
- NAICS
- Geothermal Electric Power Generation (221116), Hydroelectric Power Generation (221111), Electric Power Generation, Transmission and Distribution (2211), Totalizing Fluid Meter and Counting Device Manufacturing (334514)
- SIC
- Electric, Gas & Sanitary Services (4900), Oil & Gas Field Machinery & Equipment (3533), Pumps & Pumping Equipment (3561)
- akta.pro primary industry
- Geothermal BOP & Surface Facilities (Well Pads, Gathering Systems, Brine Handling) (EUAMAFAH)
Keywords
Where Mb Century is headquartered
LocationHeadquarters
- HQ city
- Taupo
- HQ country
- New Zealand
- HQ region
- Oceania
Offices5 records
Markets served
Mb Century business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales
Revenue model
- Engineering and Design Services: Provides comprehensive engineering and design services for geothermal and hydropower projects including concept design, FEED studies, detailed design, and engineering support during construction and commissioning phases. Services are typically billed on project basis or time and materials.
- EPC (Engineering, Procurement and Construction) Contracts: Full EPC delivery of geothermal steamfield systems and related infrastructure, including design, procurement, fabrication, construction and commissioning. Revenue recognized over project duration with milestone-based payments.
- Drilling Services: Geothermal drilling operations using specialized rigs for exploration, production, and reinjection wells. Includes well maintenance and workover services such as scale removal, pressure testing, cementing and plug setting.
- Reservoir Services and Data Logging: Specialized downhole measurement services using proprietary PTS tools, casing integrity evaluation, and monitoring services. Also includes sale of reservoir measurement tools to third parties.
- Site Mechanical Services: On-site maintenance, overhauls, and refurbishment services for hydro and geothermal power stations, including turbine generator unit maintenance, mechanical services, and outage management.
- Fabrication Services: Workshop-based fabrication services including welding, plate rolling, CNC profile cutting, and pressure vessel construction. Services are quoted per project with pricing based on complexity and materials.
- Industrial Coatings Services: Sandblasting and painting services at workshop facility and on client sites using mobile units. Includes surface preparation and industrial coating application for corrosion protection.
- Precision Machining Services: CNC machining services including lathe operations, milling, and on-site mobile machining for power plant components. Billed per operation or project.
- Project Management Services: Comprehensive project management for energy sector projects, including stakeholder management, planning, scheduling, risk assessment, financial management, and subcontractor management.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Mb Century product offering
Product offeringCore offering
MB Century is a one-stop-shop geothermal and energy solutions provider delivering end-to-end services across the energy generation lifecycle. The company offers drilling services using New Zealand's most advanced geothermal rig, reservoir services with proprietary high-temperature downhole measurement tools, engineering and design for steamfield and hydropower systems, EPC contract delivery, on-site mechanical maintenance, fabrication, industrial coatings, precision machining, and project management for geothermal, hydro, hydrogen, and water sector clients.
Product overview
MB Century is an energy solutions provider offering a diverse range of services across the generation life-cycle. The company's portfolio includes drilling services (Rig 32 - Drillmec HH350), reservoir services (PTS tools, casing integrity evaluation), turbine services, engineering and design services (steamfield and hydropower design), site mechanical services, fabrication, industrial coatings, precision machining, project management, hydrogen services, water services, health and safety services, and training. These services cover geothermal, hydro, hydrogen, and water sectors, with specialized offerings including downhole instrumentation tools, turbine condition monitoring, and mobile workshop capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Drilling Services
Quantifiable outcome
- 5MW additional generation capacity achieved through steamfield optimization at Rotokawa
- +5 more outcomes
Companies that use Mb Century
Customer profileNamed customers15 records
Segments5 records
Ideal customer profiles4 records
Mb Century technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
Mb Century partnerships and signals
Strategic signalPartnerships
20 partnerships are on record, tiered supporting and core.
- Tesla ConsultantssupportingEngineering consultancy partner on the Rotokawa Upgrade Project, providing design engineering support as part of the steamfield optimization initiative.
- Dobbie Engineers & Sigma ConsultingsupportingEngineering partners collaborating on the Rotokawa Upgrade Project design and construction support phases.
- PT. Rekayasa IndustriessupportingIndonesian engineering and construction company engaged for Muara Laboh geothermal project construction and commissioning support.
- AndritzcoreTurbine and generator OEM partner for Whakamaru hydro power station upgrade, supplying new turbine, generator and governor equipment. MB Century provided installation and commissioning services.
- GEcorePower generation equipment OEM partner for Whakamaru hydro refurbishment project, providing new generation equipment alongside Andritz.
- HydrogenicscoreHydrogen plant equipment supplier for the H2 Project, providing the Hydrogenics hydrogen production facility for New Zealand's first green hydrogen plant.
- WSPsupportingEngineering consultancy providing professional services support for the H2 Project hydrogen facility development.
- Edison ConsultingsupportingConsulting partner providing advisory services for the H2 Project development and implementation.
- SAJJ Geothermal LimitedsupportingWell design engineering services partner for the MK26 wellhead project, providing specialized geothermal well design expertise.
- Halliburton NZsupportingCementing services, mud logging services, and directional drilling services provider for MK26 geothermal well drilling campaign.
- General Compression LtdsupportingAerated drilling services provider for the MK26 wellhead project drilling operations.
- SRGsupportingService partner for Piripaua hydro station Class 4 maintenance project providing specialized engineering support.
- Gouk and SullivansupportingEngineering consultancy partner providing services for Piripaua hydro station maintenance project.
- EnergeticksupportingTechnical services provider supporting Piripaua hydro maintenance project with specialized expertise.
- SGSsupportingTechnical services partner providing quality and inspection services for Piripaua project.
- Voith HydrocoreHydro turbine and generator OEM partner for Roxburgh Power Station Turbine Rehabilitation Project, supplying new runners, distributors, and associated equipment. MB Century leading on-site installation work.
- OrmatcoreBinary geothermal power plant technology provider. MB Century has worked on multiple Ormat installations including Ngatamariki and Te Ahi O Maui projects.
- StaylivesupportingElectrical and energy industry body focused on health and safety. MB Century is an active member participating in working groups to develop lead indicators for health and safety in the energy sector.
- Tuaropaki Power CompanycorePart of Tuaropaki group, owner of Mokai geothermal power station where MB Century provides drilling and operational support services. Halcyon partnership includes Tuaropaki Power Company.
- ObayashicoreConstruction and infrastructure partner in Halcyon joint venture for green hydrogen production facility development at Mokai.
Scale indicators11 records
Recent moves6 records
Expansion highlights6 records
Mb Century competitors and assessment
Company assessmentBroad incumbents
- Sulzer: Global pump, rotating equipment, and turbine services firm with comparable power plant maintenance and field machining capabilities. Operates at much larger scale across multiple industrial verticals.
- Ormat Technologies: Global geothermal equipment manufacturer and IPP that both partners with MB Century (Ngatamariki, Te Ahi O Maui) and competes in integrated geothermal services. Overlaps as equipment supplier and operator in the same value chain.
- Andritz: Hydro turbine OEM and services provider partnered with MB Century on Whakamaru refurbishment, offering competing turnkey hydro upgrade and installation services at global scale.
- Worley: Global energy EPC and services firm with renewable energy and power services. Operates at much larger scale but overlaps with MB Century's engineering and project management work.
- Stork (a Fluor company): Global power plant services and maintenance firm offering turbine O&M, mechanical services, and outage management comparable to MB Century's site mechanical services portfolio.
- Voith Hydro: Hydro turbine and generator OEM with global services business. Partners with MB Century on projects like Roxburgh while also delivering comparable turbine installation and refurbishment services worldwide.
Direct peers
- EthosEnergy: Global power plant services provider offering turbine O&M, overhauls, outage management, and rotating equipment services. Closely comparable to MB Century's site mechanical services and hydro refurbishment work.
- Iceland Drilling: Icelandic geothermal and deep drilling contractor with high-temperature drilling rigs and well services. Directly comparable to MB Century's geothermal drilling business using the Drillmec HH350 rig.
- Verkís: Icelandic engineering and consulting firm offering geothermal consulting, design, and project management. Overlaps directly with MB Century's geothermal engineering and steamfield design services.
- Mannvit: Icelandic engineering consultancy providing end-to-end geothermal services including drilling supervision, reservoir engineering, power plant design, and consulting. Directly comparable business model to MB Century across the geothermal lifecycle.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mb Century social profiles
Digital presenceMb Century compliance and trust
Trust signalCompliance5 records
Mb Century financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mb Century leadership team
Management profileNumber of profiles
Profiles7 records
Mb Century funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mb Century M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mb Century
What does Mb Century do?
MB Century is a one-stop-shop geothermal and energy solutions provider delivering end-to-end services across the energy generation lifecycle. The company offers drilling services using New Zealand's most advanced geothermal rig, reservoir services with proprietary high-temperature downhole measurement tools, engineering and design for steamfield and hydropower systems, EPC contract delivery, on-site mechanical maintenance, fabrication, industrial coatings, precision machining, and project management for geothermal, hydro, hydrogen, and water sector clients.
Is Mb Century a public or private company?
Mb Century is a private company. It is classified as corporate owned and is currently operating.
When was Mb Century founded?
Mb Century was founded in 1950. It employs 101 to 250 people.
Where is Mb Century based?
Mb Century is headquartered in Taupo, New Zealand, in the Oceania region.
How does Mb Century make money?
Nine revenue lines are on record. Engineering and Design Services are the primary driver. The others are EPC (Engineering, Procurement and Construction) Contracts, drilling Services, reservoir Services and Data Logging, site Mechanical Services, fabrication Services, industrial Coatings Services, precision Machining Services and project Management Services.
Who are Mb Century's main competitors?
Broad incumbents on record are Sulzer, Ormat Technologies, Andritz, Worley, Stork (a Fluor company) and Voith Hydro. Direct peers are EthosEnergy, Iceland Drilling, Verkís and Mannvit.
Does Mb Century have an API?
No public API is recorded for Mb Century.
What industry is Mb Century in?
Mb Century's product category is Geothermal and Energy Engineering Services. Its primary akta.pro industry code is EUAMAFAH, Geothermal BOP & Surface Facilities (Well Pads, Gathering Systems, Brine Handling). Its NAICS code is 221116 and its SIC code is 4900.