Trailing liability decommissioning
Splet13. apr. 2024 · New Zealand April 13 2024. New Zealand's oil and gas industry continues to go through a period of transition, with changes made to the Crown Minerals Act 1991 (Act) in 2024 and proposed further ... Splet01. jan. 2024 · The trailing liability provisions for greenhouse gas storage activities have also been expanded. A separate guideline will be developed relating to property installed …
Trailing liability decommissioning
Did you know?
SpletAs an example, 2024/2024 saw sweeping changes to the Australian legislative framework for offshore decommissioning, through tightening of control over transfer of title, as well as a robust trailing liability regime not unlike the measures that have been in place in the UK sector for some time. Splet07. sep. 2024 · Trailing liability will be introduced so that previous holders of permits/licences may be responsible for decommissioning. There will be a requirement for financial guarantees to back up decommissioning obligations. Stricter monitoring of the financial strength of rightholders to ensure they can meet their decommissioning …
SpletImpact Statement: Residual liability for petroleum wells and infrastructure following decommissioning Section 1: General information 1.1 Purpose The Ministry of Business Innovation and Employment (MBIE) is solely responsible for the analysis and advice set out in this Regulatory Impact Statement, except as otherwise explicitly indicated. Splet01. jan. 2024 · This page belongs to: Trailing liability for decommissioning of offshore petroleum property: guidelines. ... Prior to commencement of the expanded remedial directions provisions on 2 March 2024, a form of trailing liability was already provided for under the OPGGS Act. This guideline will refer to this as the ‘pre-existing provisions’. The ...
SpletGuideline: Trailing liability for decommissioning of offshore petroleum property In relation to the Offshore Petroleum and Greenhouse Gas Storage Act 2006 Effective 2 March … Splet哪里可以找行业研究报告？三个皮匠报告网的最新栏目每日会更新大量报告，包括行业研究报告、市场调研报告、行业分析报告、外文报告、会议报告、招股书、白皮书、世界500强企业分析报告以及券商报告等内容的更新，通过最新栏目，大家可以快速找到自己想要的内容 …
Splettrailing liability", whereby a titleholder would continue to be liable for decommissioning and removal of its offshore assets, even after ceasing to be a titleholder. Such a regime has been successfully adopted in a number of jurisdictions, albeit as a backstop for …
SpletDecom liability review – North Sea. Client issue. Assurance was required by one of the super-majors of their . decom liability in the North Sea. Our approach. The decommissioning team in PwC undertook a review of the total liability for our client. The focus was on the strategy, plan . and procedures and basis of estimate for … red lines memeSplet11. apr. 2024 · Expenditure reportedly rose by almost one fifth to £1.273bn in 2024 and to £1.97 possibly even £2bn in 2024. The upsurge means that the average decommissioning spend per year is forecast to ... richard johnson nfl wide receiverSplet07. mar. 2024 · The trailing liability for decommissioning of offshore petroleum property guideline aims to help you understand: the scope of the trailing liability provisions … richard johnson maine obituarySplet08. apr. 2024 · 8 April 2024. The Australian Government has approved a suite of measures aimed at enhancing and strengthening Australia’s offshore oil and gas … red line snapperSplet12. jan. 2024 · the Decommissioning Framework Review should consider the concept of trailing liability, where a titleholder can be liable for decommissioning even after a sale; … richard johnson jpwSplet31. mar. 2024 · The Act introduces a trailing liability mechanism for decommissioning offshore oil, gas and carbon capture and storage assets. The Act only applies where the … red lines movieSplet23. dec. 2024 · 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. ... Accountability and trailing liability. richard johnson jockey personal life