The U.S. Interior Department has proposed eliminating some safety regulations for offshore oil and gas drilling that the Obama administration put in place after BP’s massive Gulf of Mexico (GoM) oil spill, a move it said would reduce “unnecessary burdens” on the industry.

The Interior Department’s Bureau of Safety and Environmental Enforcement (BSEE), which regulates offshore drilling, said its proposal to scale back some of the Obama-era requirements was in line with the Trump administration’s goal of “encouraging increased domestic oil and gas production by removing regulatory hurdles.”

The regulation, called the Production Safety Systems Rule, addresses safety and pollution prevention equipment, subsea safety devices and safety device testing for oil and gas production on the U.S. Outer Continental Shelf. BSEE said its initial regulatory impact analysis estimates that the proposed amendments would reduce industry compliance burdens by at least $228 million over 10 years.

To read the full story