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Multinationals Refuse In-Person Consultation on Otways Seismic Plan

Multinationals Refuse In-Person Consultation on Otways Seismic Plan
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Investegate |Jadestone Energy PLC Announcements | Jadestone Energy PLC: Preliminary Unaudited FY2022 Results

Investegate announcements from Jadestone Energy PLC, Preliminary Unaudited FY2022 Results - REPLACEMENT

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Australia's enhanced decommissioning framework released

Australiaâs enhanced decommissioning framework released
Department) released a consultation paper entitled “Enhancing Australia’s Decommissioning Framework” (
Enhanced Framework).
The paper is the third step in a reform process and follows a Discussion Paper published in October 2018, a process of consultation and stakeholder formal submissions into early 2019. Implementation of the framework is expected to occur in 2021.
The liquidation of the NOGA group of companies which has left the Australian Government with responsibility for the decommissioning of the Northern Endeavour FPSO facility and associated wells has spurred an urgent reform of the regime. The Enhanced Framework identifies three areas of Australia’s offshore decommissioning regime where improvements could be made to better protect the interest of the Australian community.

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