Energy & environment · 12/12/2014Updated: 10/17/2026 · 1 min read
BOEM to Increase Limit of Liability for Offshore Facilities Under Oil Pollution Act of 1990
Summary
The Bureau of Ocean Energy Management (BOEM) is adjusting the limit of liability for offshore facilities under the Oil Pollution Act of 1990 (OPA) to reflect the significant increase in the Consumer Price Index (CPI) since 1990, from $75 million to $133.65 million.