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There is not any inconsistency with BSEE determining never to require enchantment bonds for the stage of the get to decommission and BOEM choosing to have to have them within the phase of monetary assurance calls for. The BSEE final decision is based largely on the idea that financial assurance is now in position by the time it difficulties decommissioning orders and therefore it doesn't facial area the risks that BOEM does at time of demanding fiscal assurance. See 88 FR 23569, 23579 (April eighteen, 2023) (noting BSEE's reliance about the economic assurance restrictions for pinpointing an attraction bond will not be necessary for the BSEE plan).
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Finnish maritime authorities reported at the time of your incident, they failed to establish radio connection with Newnew Polar Bear’s captain despite various makes an attempt.
On June 29, 2023, the Department proposed a fresh rule in lieu of finalizing the BOEM provisions in the 2020 joint proposal. The brand new proposed rule furnished encouraged revisions into the polices about threat administration and economic assurance for OCS lease and grant obligations.
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Commenters proposed that BOEM explain to the applications of component 550 that “transfer” in each The brand new time period and inside the definition of “Assign” need to be outlined to exclude informal transfers. Examples of informal transfers ended up company name modifications that are not technically a conveyance of an curiosity to a brand new entity. They supplied proposed regulatory textual content edits as seabet follows: “Transfer indicates to Express an ownership fascination in an oil, gasoline, or sulfur lease, ROW grant or RUE grant.
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A commenter requested which the Department rethink allowing for oil and gasoline operators to decommission pipelines set up and should make sure BSEE's decommissioning expenses sufficiently meet the cost of getting rid of all pipeline within the seafloor. Reaction:
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