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BOEM proposes reduction of assurance costs - March 15, 2026

Summary by petroleumnews.com
The Bureau of Ocean Energy Management is proposing regulation updates that will reduce the cost of financial assurance for companies involved in offshore oil and gas production on the federal outer continental shelf. Companies are required to hold assurance that will cover the cost of remediating of...
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petroleumnews.competroleumnews.com

BOEM proposes reduction of assurance costs - March 15, 2026

The Bureau of Ocean Energy Management is proposing regulation updates that will reduce the cost of financial assurance for companies involved in offshore oil and gas production on the federal outer continental shelf. Companies are required to hold assurance that will cover the cost of remediating of...

·Anchorage, United States
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petroleumnews.com broke the news in Anchorage, United States on Saturday, March 14, 2026.
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