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DOI/ASLM | RIN: 1082-AA02 | Publication ID: Spring 2020 |
Title: Risk Management, Financial Assurance and Loss Prevention | |
Abstract:
As directed by Executive Order 13795, the Bureau of Ocean Energy Management (BOEM) has reconsidered its financial assurance policies, as reflected in Notice to Lessees No. 2016-N01 (September 12, 2016). In consideration of that review, BOEM and the Bureau of Safety and Environmental Enforcement (BSEE) are now developing a joint rule that is intended to revise existing financial assurance policies for oil and gas operations on the Outer Continental Shelf in order to ensure operator compliance with financial and performance obligations while reducing unnecessary regulatory burdens. |
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Agency: Department of the Interior(DOI) | Priority: Other Significant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Proposed Rule Stage |
Major: No | Unfunded Mandates: No |
EO 13771 Designation: Deregulatory | |
CFR Citation: 30 CFR 550 30 CFR 556 | |
Legal Authority: 43 U.S.C. 1331 et seq. |
Legal Deadline:
None |
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Timetable:
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Regulatory Flexibility Analysis Required: Yes | Government Levels Affected: Federal, State, Tribal |
Small Entities Affected: Businesses, Governmental Jurisdictions | Federalism: No |
Included in the Regulatory Plan: Yes | |
RIN Data Printed in the FR: Yes | |
Related RINs: Previously reported as 1010-AA00 | |
Agency Contact: Justin Abernathy Deputy Director for Policy, Office of the Executive Secretariat and Regulatory Affairs Department of the Interior Office of the Secretary, 1849 C Street NW, Washington, DC 20240 Phone:202 513-0357 Email: justin_abernathy@ios.doi.gov |