Swordsmyth
09-28-2018, 10:12 PM
The latest step taken by the Trump administration in supporting the energy industry has been the relaxation of safety rule for offshore oil and gas production, put in place following the Deepwater Horizon disaster caused by BP in 2010, Reuters reports, citing a document its reporters had seen.
Now, the Interior Department has revised the safety systems regulation put into place in 2016, which means that, for instance, a requirement that an independent third party needs to certify devices used in well-drilling, will no longer apply. Also, changes have been introduced in the requirements for oil and gas producers to notify the relevant government agencies about the start of production from a well and to report failures of their equipment.
Echoing the main concerns voiced by the energy industry when the rules were introduced, the Interior Department said in the document seen by Reuters that, “certain provisions in that (2016) rulemaking created potentially unduly burdensome requirements for oil and natural gas production operators on the Outer Continental Shelf, without meaningfully increasing safety of the workers or protection of the environment.”
More at: https://oilprice.com/Latest-Energy-News/World-News/Washington-Relaxes-Offshore-Oil-Production-Rules.html
Now, the Interior Department has revised the safety systems regulation put into place in 2016, which means that, for instance, a requirement that an independent third party needs to certify devices used in well-drilling, will no longer apply. Also, changes have been introduced in the requirements for oil and gas producers to notify the relevant government agencies about the start of production from a well and to report failures of their equipment.
Echoing the main concerns voiced by the energy industry when the rules were introduced, the Interior Department said in the document seen by Reuters that, “certain provisions in that (2016) rulemaking created potentially unduly burdensome requirements for oil and natural gas production operators on the Outer Continental Shelf, without meaningfully increasing safety of the workers or protection of the environment.”
More at: https://oilprice.com/Latest-Energy-News/World-News/Washington-Relaxes-Offshore-Oil-Production-Rules.html