Australia’s offshore regulator has unveiled a new policy in relation to the maintenance and removal of infrastructure and equipment.
The National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) has established a regulatory policy to communicate how it will focus on titleholders’ compliance with the Section 572 of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 (OPGGS Act).
This section covers the duties for titleholders in relation to the maintenance and removal of structures, equipment and property brought into title.
NOPSEMA issued a statement of intent in November 2019 outlining that the regulator would, through its compliance monitoring and enforcement activities, ensure that titleholders are appropriately planning for and executing decommissioning activities in a timely and responsible manner.
NOPSEMA said that in order to give effect to its statement of intent, NOPSEMA has established this regulatory policy to communicate how it will focus on titleholders’ compliance with section 572 through compliance monitoring and enforcement activities.
Click here to read the full policy.
For more information visit the NOPSEMA website.
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