Regulation and Policy

US Rigs-to-Reefs donations set to hike as deeper projects eye savings

May 26, 2015

Donations from operators to US States running Rigs-to-Reefs programs will surge when more deep-water decommissioning projects participate in the cost-saving scheme, Robert Byrd, Vice...

The North Sea is no closer to rigs-to-reef

Apr 10, 2015

On the 20th anniversary of Greenpeace’s campaign against the sinking of the Brent Spar platform, the oil and gas industry in the North Sea is still tied to a no dumping policy that...

How US regulators can help the industry

Mar 12, 2015

Changes to the current oil and gas regulations in the US are required in order to give the industry clearer and more favourable guidelines.

Brunei taking lead on Asia-Pacific decommissioning guidelines, expert says

Feb 26, 2015

A third of the estimated 1,700 offshore facilities in the Asia-Pacific region need to be decommissioned. ASCOPE launched its long-awaited guidelines on decommissioning back in 2013,...

BOEM’s new director is legal expert and head of Maryland Energy Administration

Dec 21, 2014

Abigail Ross Hopper has been named the new director of the Bureau of Ocean Energy Management (BOEM).

BOEM nearly doubles damage liability limit for offshore spills

Dec 18, 2014

It will be the first liability hike in 25 years, and it will keep going up, bureau says.

Industry speaks out against ‘broken’ bonding system for decommissioning

Dec 7, 2014

Operators in the US have spoken out against burdensome financial guarantees, or bonds, required by the government to cover future costs of decommissioning in the Gulf of Mexico and...

Tax cut okay, but ‘exploration crisis’ calls for more: UK trade body

Dec 7, 2014

UK trade body Oil & Gas UK (OGUK) has said that the reduction of two percentage points in the industry’s tax rate is “an important first step” towards improving the fiscal...

CNR International threatens to exit North Sea over sluggish fiscal reforms

Dec 7, 2014

CNR International, the operator now decommissioning the North Sea’s Murchison platform, has said its focus would shift now to west Africa because UK government fiscal reforms relating...

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