Risk and Response in Australia's Offshore Petroleum Sector - Lessons from Varanus Island and Montara
Article from: OGEL 2 (2013), in Risks and Responses to Risk in the Energy Sector
This article analyses the role the offshore petroleum legislative framework has played in creating a risk of offshore facility integrity incidents within the Australia's offshore petroleum jurisdiction. It examines the regulatory framework that existed at the time of the Varanus and Montara facility incidents, determining that the regulatory regime contributed to each of these incidents. This paper then assesses the response of the Commonwealth government to the risk posed by the regulatory framework, particularly the integration of well regulation as part of the National ...