US moves to reverse regulations for offshore oil drilling

The US government on Friday issued a new offshore oil drilling regulation that would reverse the protections put in place following the 2010 Deepwater Horizon environmental disaster.

The proposed rules relax safety equipment and pollution prevention requirements for offshore platforms to further promote drilling, according to a statement from the Office of Safety and Security. Environment (BSEE).

"By reducing the regulatory burden on the industry, we are encouraging increased domestic production of oil and gas while maintaining a high bar for safety and environmental sustainability," said Scott Angelle, director of the industry. BSEE.

"I am confident that this revision of the Rule on Production Security Systems will help us achieve the goal of the administration to achieve energy dominance without sacrificing security."

The bureau said the changes, published in the Federal Register Friday, would save the industry at least $ 228 million over 10 years as it reduces "unnecessary" compliance charges by the industry, according to the initial analysis.

The public has 30 days to comment on rule changes. In April, the administration of President Donald Trump ordered agencies to review the rules that impose an undue burden on the oil industry, as part of a comprehensive attempt to reduce the business regulation.

The BSEE was created in October 2011 in response to the Deepwater Horizon tragedy in April 2010, which killed 11 people and sent millions of barrels of crude oil to the Gulf of Mexico. The leak sank for nearly three months before being stopped.

But the industry, led by the American Petroleum Institute, has long complained of "the defective and costly approach" of the new regulations.

According to BSEE, one in every six barrels of oil produced in the United States comes from the outer continental shelf (OCS), for a total of more than 550 million barrels of oil and 1.3 trillion cubic feet of gas natural.

The agency oversees approximately 2,400 production platforms located in the three OCS regions: Arctic, Gulf of Mexico and Pacific.

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