Summary
Amends the Offshore Petroleum and Greenhouse Gas Storage Act 2006 in relation to the offshore petroleum regulatory regime to: implement enforcement mechanisms including infringement notices, daily penalties for continuing offences and civil penalty provisions, injunctions and adverse publicity orders; enable National Offshore Petroleum Safety and Environmental Management Authority inspectors to issue environmental prohibition and improvement notices to require petroleum titleholders to remove significant threats to the environment and provide for publication of these notices; provide for an express polluter pays obligation and an associated third party cost recovery mechanism; clarify insurance requirements to ensure that maintenance of sufficient financial assurance is compulsory without a direction being given; and make technical amendments.