Thomas Aird

Thomas Aird

Vinson & Elkins LLP

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BOEM Releases Tougher Financial Assurance Requirements for Offshore Oil and Gas Operations

New and additional bonding requirements for certain companies operating on the Outer Continental Shelf (“OCS”) will take effect in June as a result of a recent rulemaking. These new requirements will be phased in over a...more

5/2/2024  /  BOEM , Credit Ratings , Offshore Lease , Offshore Wind , Oil & Gas , Outer Continental Shelf , Renewable Energy , Securities and Exchange Commission (SEC)
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