NOIA Applauds Passage of HR 1229

Press Release
Thursday, May 12, 2011

Washington, D.C. – National Ocean Industries Association (NOIA) President Randall Luthi today issued the following statement on the approval of HR 1229, `Putting the Gulf of Mexico Back to Work Act':

“We applaud the bi-partisan passage today of HR 1229, `Putting the Gulf of Mexico Back to Work Act'.   The legislation is important to oil and gas companies because it lays the foundation for consistency and reliability in the offshore permitting process.   A statutory timeframe in which the government must decide to either approve or deny a permit to drill offshore will replace the current limbo-like waiting game with a predictable response time.   A ‘yes’ or ‘no’ answer allows companies, which range from multi-national corporations with thousands of employees to family-owned ventures that provide hundreds of jobs, to make a business decision on whether or not to contract for a drilling rig, which can cost more than half a million dollars a day.  In addition, it is important to note that the proposed time-frame does not short cut any environmental and safety reviews.”
 

Source: http://www.noia.org

Maritime Reporter October 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

Fourth Rig Delivered to Perforadora Central

Keppel AmFELS LLC, a wholly owned US subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has delivered the jackup rig, Coatzacoalcos, to Mexico’s Central Panuco S.

Woodside to Pick up Moroccan Acreage

Woodside advises that it has entered into a contract for an exclusive Reconnaissance Licence (RL) with the Office National des Hydrocarbures et des Mines, the

Strategy Can Maximize UKCS potential

Companies operating in the North Sea require a cultural shift to make the most of the its potential, according to a new report from Deloitte, the business advisory firm.

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics Ship Repair Ship Simulators Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1358 sec (7 req/sec)