File Name: offshore petroleum and greenhouse gas storage act 2006 .zip
- Federal Register of Legislation - Australian Government
- Access information on Multilateral Environmental Agreements
- Offshore Petroleum and Greenhouse Gas Storage Amendment (National Regulator) Bill 2011
This resource is periodically updated for necessary changes due to legal, market, or practice developments. Significant developments affecting this resource will be described below. What's on Practical Law? Show less Show more. Ask a question. Oil and gas regulation in Australia: overview.
Department of Jobs, Precincts and Regions DJPR retains responsibility for titles administration, well integrity and environment within state waters located within 3 nautical miles [5. DJPR will continue to liaise with other relevant state and Commonwealth departments to ensure best practice regulatory administration is maintained for earth resources sector in Victoria. An environment plan is required for the construction and operation, including hydrotesting, of all pipelines conveying petroleum and gas in State and Commonwealth waters. A pipeline management plan is required for the construction and operation of all pipelines conveying petroleum and gas in State and Commonwealth waters. The environment plan must be submitted as early as possible, and at least days before commencement of activities, to allow sufficient time to obtain approval. The document must be submitted via email to workplan.
Federal Register of Legislation - Australian Government
Download file as PDF. The amendments to the Act also introduce a new obligation to carry out monitoring of the impact on the environment of an escape of petroleum. This incident led to a Commission of Inquiry investigating the failings at the platform and the report from that inquiry called for, among other things, amendments to the Act and the Offshore Petroleum and Greenhouse Gas Storage Environment Regulations Regulations. This Briefing considers the practical effect of the requirement for financial assurance and environmental monitoring for petroleum titleholders in Commonwealth waters. Previously, petroleum titleholders only needed to hold insurance when directed to do so by the responsible Commonwealth Minister. Amendments to the Act now require every titleholder to hold sufficient financial assurance to ensure they can meet the costs and liabilities related to their petroleum activities. The amendments have also granted NOPSEMA the power to make compliance with the financial assurance requirement a condition of granting approval for an environment plan for a petroleum activity.
It reflects the legislation as introduced and does not canvass subsequent amendments. This Digest does not have any official legal status. Other sources should be consulted to determine the subsequent official status of the Bill. Passage history Purpose Background Financial implications Main issues. The levies to which this Bills Digest refers are the well investigation levy, annual well levy and the well activity levy. This Bill sets out the mechanisms by which the money paid to the Commonwealth by means of the new levies and late penalty payments will then be credited to the National Offshore Petroleum Safety Account. The times that levy payments fall due, and how the levies are worked out, will be in accordance with the regulations.
Access information on Multilateral Environmental Agreements
Risk management. Esso carries out offshore petroleum activities in a manner consistent with the principles of ecologically sustainable development and in accordance with an accepted Environment Plan. The overall aim of an Environment Plan is to demonstrate to the regulator, the National Offshore Petroleum Safety and Environmental Management Authority NOPSEMA , that Esso has a comprehensive understanding of how its operations interact with the environment, and to demonstrate the implementation of environmental safeguards to reduce the risks to as low as reasonably practicable. Environment plans, including associated oil pollution emergency plans, are assessed by NOPSEMA, and once approved, form the document that outlines how Esso manages it activities in Bass Strait. Numerous controls are put in place to prevent spills occurring and to limit their potential impact upon the environment if they occur.
Similar provisions apply in designated coastal waters where States and the Northern Territory have legislation that mirrors Commonwealth legislation. In general, references to regulatory requirements in the material below are in relation to Commonwealth legislation. Schedule 3 imposes duties on the operator of a facility and its activities where the operator must take all reasonably practicable steps to protect the health and safety of the facility workforce and of any other persons who may be affected.
Offshore Petroleum and Greenhouse Gas Storage Amendment (National Regulator) Bill 2011
Decommissioning offshore installations is a challenging area, raising complex engineering, environmental, societal, investment and cost issues. This reform process will occur against a backdrop of open and public scrutiny, as the circumstances of the Northern Endeavour FPSO are widely known. While extensive submissions on the Discussion Paper were made in early , that consultation process occurred prior to the problems associated with the Northern Endeavour FPSO. It is evident that the Australian Government now seeks to overhaul the protections available to its agencies with the objective of ensuring that this circumstance is never repeated. Earlier this year, the Department commissioned an independent review by Stephen Walker of the circumstances surrounding the Northern Endeavour.
Legal and non-legal developments in the carbon capture and storage CCS arena continue to gain momentum in Australia. The GGS Amendments amend the Offshore Petroleum Act Cth OPA , which has now been renamed the Offshore Petroleum and Greenhouse Gas Storage Act Cth Act , to establish a system of offshore titles that authorises the transportation, injection and storage of greenhouse gas GHG substances in geological formations under the seabed and manage the inevitable interaction with the offshore petroleum industry. There are numerous examples in Australia and internationally of CCS pilot projects underway with the goal of deploying CCS on a commercial scale.
PDF version [ KB ]. It reflects the legislation as introduced and does not canvass subsequent amendments. This Digest does not have any official legal status. Other sources should be consulted to determine the subsequent official status of the Bill.