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Civil liability and financial security for offshore oil and gas activities
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ISBN: 1316731375 1316744884 131674681X 1316711587 131674874X 1316754537 1107167167 1316616282 1316733300 9781316754535 9781316711583 9781107167162 Year: 2016 Publisher: New York

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Abstract

Civil Liability and Financial Security for Offshore Oil and Gas Activities provides insights into the liability and compensation regime for offshore-related damage. The book analyses the legal regime in a variety of states (including the US and the UK) as well as the EU regime. In addition, the various compensation mechanisms and amounts available today to compensate offshore-related damage are described and critically analysed. Moreover, the book is based on in-depth interviews with a wide variety of relevant stakeholders including insurers, representatives from supervisory authorities, and oil and gas producers. This volume also provides a variety of policy recommendations, formulated to provide an optimal compensation regime for offshore-related damage.

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