Nopsema CEO says BP could transfer or sell its right to drill to another company if its environmental plan is approved

BP has not withdrawn its application to drill for oil in the Great Australian Bight – despite saying it had abandoned its controversial plans – and could transfer the rights to another company if it gets the green light, the regulator has told a Senate inquiry.

In addition, Chevron, which is also applying to drill for oil in the Bight, has said it remains committed to its plans there.

Related: Resources minister ‘bitterly disappointed’ BP won’t drill for oil in Great Australian Bight

Related: BP ditches plans to drill for oil in the Great Australian Bight

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