Changes to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 and regulations come into force on Wednesday 2 March 2022.
These are the first of a suite of measures to ensure that Australia plans for and manages increased levels of decommissioning as the offshore petroleum industry matures. The changes also address a range of other matters including application requirements and decision–making criteria.
Following consultation, updated guidelines, fact sheets, and forms have been refined and finalised. These will take effect on 2 March 2022, and will be required to be used for applications and notifications on and after that date.
Read more about the changes and guidelines for industry in the news article.