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This Act makes various amendments to the Petroleum (Exploration and Production) Act, 1991 with respect to the decommissioning of petroleum installation and activities and in relation to this the restoration of the environment. Decommissioning shall take place in accordance with one or more Decommissioning Plan(s) to be approved by the Ministers of Environment, Fisheries and Finance. Such plans shall set out, amongst others, the measures proposed to be taken after cessation of such production ope
An Act to amend the Petroleum (Exploration and Production) Act, 1991, so as to make provision for the extension of the duration of exploration licences; to further regulate the obligation of holders of exploration licences in terms of the terms and condit