Posted on Dec 12, 2014 in
Energy/Environmental,
Workplace Safety |
Comments Off on BOEM Increases OPA Liability Limit To $133.65 Million
The Bureau of Ocean Energy Management issued a final rule yesterday that increases the limit of liability for damages caused by any Responsible Party for an offshore facility from which oil is discharged, or which poses a substantial threat of an oil discharge, as described in the Oil Pollution Act of 1990, from $75 million to $133.65 million. The agency announced that the rule...