Department of Interior Proposes New Financial Assurance and Decommissioning Regulations
The Energy Law
OCTOBER 15, 2020
2016-N01, in 2016, which created widespread industry concern, and, as a result, was never fully implemented. A prior lessee could be held liable for decommissioning a hurricane-toppled platform years after its exit and completion of all lease decommissioning obligations. BOEM issued the last and most controversial NTL, NTL No.
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