August 2013
Features
Flurry of regulatory requirements add delays and financial, staffing burdens for OCS projects
OCS compliance requirements have escalated since the Deepwater Horizon incident, resulting in permitting delays and increased financial burden for bonding. And yet, the potential prize in the deepwater continues, in many instances, to outweigh the risks, regulatory complexities and costs, as evidenced by the steady recovery in the deepwater rig count.
