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Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
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Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025
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Turn the raw legal text into a practical explanation grounded in Offshore Petroleum and Greenhouse Gas Storage (Resource Management and Administration) Regulations 2025.
116 Requirement to securely retain information
(1) A petroleum titleholder must:
(a) securely retain any accounts, records or other documents that the titleholder keeps in connection with an operation in an offshore area; and
(b) do so in such a way that makes retrieval of the accounts, records or other documents reasonably practicable.