DOI Clarifies New Safety Rules For Deepwater Drilling

Law360, New York (December 14, 2010, 7:28 PM EST) -- The U.S. Department of the Interior has clarified new safety regulations for offshore drilling to help the oil industry comply with the rules, which apply to oil spill response plans, calculations for worst-case discharge and blowout preventer testing.

The department's Bureau of Ocean Energy Management, Regulation and Enforcement issued the additional information Monday, following requests from oil companies for guidance on how to implement the rules.

Deepwater drilling had been banned since the Deepwater Horizon oil spill in April, but following a tightening of safety regulations,...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.