Canada's New Offshore Rules

Friday, May 14, 2010

According to a May 11 report from The Gazette, Canadian regulators relaxed offshore drilling regulations late last year, giving the energy industry more flexibility when putting in place safeguards against oil spills. Previously, companies were required to install specific kinds of equipment. The old regulations outlined everything from how companies should cement the casing on an oil well, to how they should conduct pressure tests. Under the new regulations, which came into force in December, well operators must set environmental-protection goals, list the equipment they will use to achieve those goals and disclose their plans for inspecting, testing and maintaining such gear. They are not required to install any specific equipment.

(Source: The Gazette)

Categories: Offshore

Related Stories

HiFleet Schedule Watch Shanghai Call Omissions Dominate as Ningbo Sees Both Retained and Omitted Calls

EU Wheat Prices Remain Steady as Black Sea Uncertainties Remain

Crowley Expands Career Opportunities for Students in Puerto Rico

Current News

Port Houston Shares Channel Region Monthly Trade & Market Report

HiFleet Schedule Watch Shanghai Call Omissions Dominate as Ningbo Sees Both Retained and Omitted Calls

EU Wheat Prices Remain Steady as Black Sea Uncertainties Remain

Neoliner Origin Makes First Call in Belgium

Subscribe for Maritime Logistics Professional E‑News