What New Offshore Drilling Bond Rules Would Mean For Cos.

By George Hopkins, Corinne Snow and Kevin Moscon (August 24, 2023, 5:19 PM EDT) -- On June 29, the Biden administration published proposed changes regarding when oil, gas and sulfur lessees and certain other parties operating in the Outer Continental Shelf must post additional bonds or other supplemental financial assurance related to their operations.[1]...

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