Regulation & law · 27/12/2001

Regulations to Cover Floating Offshore Platforms in the Outer Continental Shelf

The US government is proposing changes to its regulations to include floating production systems, such as FPSOs, TLPs, and CSUs, which were previously not explicitly covered. The new rules will incorporate industry standards, reducing government costs, but will also require independent reviews and hazard analyses for new FPSs, increasing industry costs.