{"id":5335,"date":"2024-04-22T14:08:00","date_gmt":"2024-04-22T06:08:00","guid":{"rendered":"https:\/\/aseanoffshore-decom.org\/?p=5335"},"modified":"2024-05-02T09:13:04","modified_gmt":"2024-05-02T01:13:04","slug":"doi-announces-new-decommissioning-rule","status":"publish","type":"post","link":"https:\/\/research.utm.my\/asean-decommission\/2024\/04\/22\/doi-announces-new-decommissioning-rule\/","title":{"rendered":"DOI Announces New Decommissioning Rule"},"content":{"rendered":"\n<p>In a statement posted on its website, the U.S. Department of the Interior (DOI) announced a final rule from the Bureau of Ocean Energy Management (BOEM) \u201cto protect taxpayers from covering costs that should be borne by the oil and gas industry when offshore platforms require decommissioning\u201d.<\/p>\n\n\n\n<p>\u201cUnder the new rule, BOEM estimates industry will be required to provide $6.9 billion in new financial assurances to protect American taxpayers from assuming industry decommissioning costs,\u201d the DOI said in the statement.<\/p>\n\n\n\n<p>\u201cTo provide industry with flexibility to meet the new financial assurance requirements, BOEM will allow current lessees and grant holders to request phased-in payments over three years to meet the new supplemental financial assurance demands required by the rule,\u201d it added.<\/p>\n\n\n\n<p><strong>News article on 17 April 2024<\/strong> <strong>by Andreas Exarheas <\/strong>from <em>rigzone.com<\/em><\/p>\n\n\n\n<hr class=\"wp-block-separator has-css-opacity\"\/>\n\n\n\n<p>For further reading, please visit <em>rigzone.com<\/em> >> <a href=\"https:\/\/www.rigzone.com\/news\/doi_announces_new_decommissioning_rule-17-apr-2024-176442-article\/\">DOI Announces New Decommissioning Rule<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a statement posted on its website, the U.S. Department of the Interior (DOI) announced a final rule from the Bureau of Ocean Energy Management (BOEM) \u201cto protect taxpayers from covering costs that should be borne by the oil and gas industry when offshore platforms require decommissioning\u201d. \u201cUnder the new rule, BOEM estimates industry will [&hellip;]<\/p>\n","protected":false},"author":13006,"featured_media":5337,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[12,22],"tags":[],"class_list":["post-5335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-worldwide"],"_links":{"self":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts\/5335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/users\/13006"}],"replies":[{"embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/comments?post=5335"}],"version-history":[{"count":1,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts\/5335\/revisions"}],"predecessor-version":[{"id":5338,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/posts\/5335\/revisions\/5338"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/media\/5337"}],"wp:attachment":[{"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/media?parent=5335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/categories?post=5335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/research.utm.my\/asean-decommission\/wp-json\/wp\/v2\/tags?post=5335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}