Regulacje i polityka gospodarcza · 08/12/1995

Bureau of Safety and Environmental Enforcement Proposes Rule to Update Surety Bond Requirements for Outer Continental Shelf Leases

The proposed rule aims to strengthen the regulatory framework for Outer Continental Shelf (OCS) oil and gas lessees by setting a 2-year deadline for them to upgrade their surety bond coverage, clarifying liability for compliance, and establishing new requirements for lease abandonment and third-party guarantees.