Bureau of Ocean Energy Management Proposes Rule to Reduce Financial Burden on Offshore Energy Producers
March 09, 2026
March 09, 2026
WASHINGTON, March 9 (TNSFR) -- The U.S. Department of the Interior Bureau of Ocean Energy Management has proposed amending its risk management and financial assurance regulations for oil and gas operations on the Outer Continental Shelf (OCS).
The agency estimates the proposal will reduce the financial burden on the regulated community by approximately $6.2 billion, increasing capital available for exploration and production.
The proposed rule suggests several modificat . . .
The agency estimates the proposal will reduce the financial burden on the regulated community by approximately $6.2 billion, increasing capital available for exploration and production.
The proposed rule suggests several modificat . . .