EU Proposes New Rules to Boost Offshore Drilling Safety

Rigzone reported that the European Union’s executive body proposed new set of rules to boost the safety of oil and gas offshore drilling in EU waters.

As quoted in the market news:

According to the new proposal–which will have to be backed by the European Parliament and EU governments before becoming law–companies will have to submit to national authorities a plan on how they are ensuring safety for personnel and preventing environmental hazards.

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