Australia’s offshore oil and gas regime will be further strengthenedStaff Writer | November 29, 2017
Australia’s offshore oil and gas regime will be further strengthened as the Government implements recommendations from a review of consultation and transparency for the sector.
Oil exploration Northern Australia Matt Canavan
“The offshore oil and gas industry gas has powered our domestic industry and export sector for decades. Over that time it has had a strong operating record,” Minister Canavan said.
“Australians can have confidence in the information used to decide where, when and how petroleum activities take place and are able to have their say during the process, as well as knowing if an incident has occurred and what action is taken to address it.
“The approval process is detailed and thorough, but there are sometimes long periods between an area being made available for exploration, exploration occurring, and production commencing. These new measures will ensure information is readily available throughout this time.” ■