Marine Link
Thursday, March 28, 2024

Federal Regulators New Drilling Rules

Maritime Activity Reports, Inc.

June 9, 2010

According to a June 8 report from The Houston Chronicle, the Obama administration imposed new safety requirements Tuesday for offshore drilling, paving the way for energy companies to resume oil and gas exploration in shallow waters after private inspectors sign off on their operations. The move effectively lifts a ban on shallow-water drilling, though companies could spend weeks or months trying to comply with the mandates for new equipment testing and other safeguards before they can resume operations less than 500 feet below the surface of the sea. Although the new safety rules apply to oil and gas exploration in all federal waters, a ban on drilling in deeper depths will continue for at least six months.

(Source: The Houston Chronicle)

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week