BOEM Releases Long Awaited New Financial Assurance Notice to Lessees and Operators
The Energy Law
JULY 15, 2016
2016-N01 contains several changes in policy, one of most significant for the offshore oil and gas industry is the elimination of the all-or-nothing financial exemption from the requirement to provide supplemental financial assurance allowed under NTL No. New BOEM NTL No. New BOEM NTL No. While NTL No. Under new NTL No. 2016-N01.
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