Exploration and production stages
In this section you can read about each of the stages in detail:
- 1Assessing the seabedOperators must seek approval to search for petroleum or minerals and comply with EEZ regulations and the seismic code of conduct.
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- 2ExplorationA rigorous approval process must be completed before an operator can begin the exploration process. The conditions of these consents will be monitored and enforced.
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- 3ProductionOperators need specific approval before entering the production phase. This includes a publicly notified application process for a marine consent that provides the opportunity for the public to make submissions.
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- 4Ongoing monitoringOperators will be monitored and authorities will take enforcement action if any conditions are breached.
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- 5Crisis managementIn the unlikely event of a major oil spill, NZ's oil spill response strategy sets out how a crisis would be managed. Any operator who causes an oil spill is liable for all costs involved in the response.
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- 6DecommissioningAuthorisation is needed before steps are taken to retire a production facility. This includes providing a revised safety case for approval.
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