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A bill to amend the Maritime Transport Act 1994 to clarify and strengthen the requirements on owners of offshore oil and gas installations to hold insurance or other financial security in relation to their liability for clean-up and compensation resulting from an oil spill was introduced to Parliament on 20 June 2019.
Welcome to the June issue of The Regulator’s Update. In this issue: Regulatory wrap up, Resource strategy for NZ being developed, Fees and royalties due, Law changes to change in control of permit operator for tier 1 operators and Farewell to our National Manager Petroleum and Minerals.
New Zealand Petroleum & Minerals has today launched the Block Offer 2018 tender for petroleum exploration permits.
Work has commenced on the Government’s Resource Strategy for petroleum and minerals which seeks to map out the long term vision for the petroleum and minerals sector in New Zealand.
Welcome to the first issue of The Regulator’s Update. We plan to send this update on a quarterly basis. It’s part of our new regulatory approach to make it easier for permit holders to understand what they need to do to comply with the Crown Minerals Act, regulations and programmes.
National Manager Petroleum & Minerals Ilana Miller is reminding permit holders that annual summary reports are due to be filed with us by the end of March.
NZP&M’s aeromagnetic survey project will start flights over central Otago and northern Southland from early December 2018.
Minister of Energy and Resources Dr Megan Woods has initiated consultation with iwi and hapū on the proposed Block Offer 2018 release area for petroleum exploration permits.
A searchable national catalogue of mine plans is now available to the public after the culmination of a three-year project by the Ministry of Business, Innovation and Employment and WorkSafe New Zealand.
New Zealand Petroleum & Minerals has today opened applications for mineral prospecting permits in two areas of the South Island.