The new amendments regarding the regulation of offshore greenhouse gas storage is now in effect.
As of 28 April 2020, regulatory oversight of greenhouse gas wells and environmental management has been transferred from the responsible Commonwealth Minister to the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA).
NOPSEMA can now undertake inspections without a warrant to monitor compliance by titleholders with well integrity obligations under the OPGGS Act 2019, as well as impose well activity levies on submission of five yearly revisions of well operation management plans (WOMP) to reflect previous changes to well-related regulations to require five-yearly WOMP revisions, rather than submissions of a new WOMP every five years.
For more information visit the NOPSEMA website.
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