Offshore oil facing countdown to comply with new EU safety rules

Oil companies operating in European waters are racing to comply with a 19 July deadline to implement new EU safety rules on offshore drilling, adopted in the aftermath of the disastrous BP oil slick in the Gulf of Mexico, euractiv.com informs. “The likelihood of a major offshore accident in European waters remains unacceptably high.”  So said the European Commission in 2011 when it tabled legislation to tighten EU rules on offshore drilling in the wake of the ...

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