USCG drops Outer Continental Shelf regulations from way back in 1999

USCG drops Outer Continental Shelf regulations from way back in 1999

USCG News ~ As of 19 September, the US Coast Guard has withdrawn the proposed rule entitled “Outer Continental Shelf Activities” published December 1999, claiming the passage of time, advances in technology, and and changes in industry practice, we found that much of what we proposed in the NPRM is now obsolete and no longer applicable to the modern OCS work environment.  Consequently, the NPRM is no longer suitable as a basis for further rulemaking action.” Thus, the Coast Guard is withdrawing the OCS proposed rule.

Good news for the offshore oil industry. Any outdated regulations that have been sitting dormant on a shelf for almost 20 years should be removed.

Federal Register

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