Operators who may form part of emergency response teams working in the oil and gas industry can now take advantage of updated information and renewed guidelines just published by Oil & Gas UK, the trade association for the sector as a whole.
The aim of the new guidelines is to help operators make sure that they have the necessary financial measurements in place so they’re able to meet the costs and response of an y clean-up operations they need to carry out following a hydrocarbon release.
The guidelines will replace the guidelines to assist licensees in demonstrating Financial Responsibility to DECC for the consent of Exploration & Appraisal Wells in the UKCS Issue 1, November 2012 – and will come into effect from April 1st 2018.
“These guidelines are part of the industry’s preparedness and response plan in the event of an oil release. They outline the level of financial liability required and how this should be declared or demonstrated to the UK’s Offshore Petroleum Regulator for Environment and Decommissioning.
“The guidelines cover exploration, appraisal and production assets and aim to simplify the process and increase transparency for operators by establishing an industry agreed level. Previously each operator was responsible for carrying out their own modelling using a formula in the guidelines to calculate their liability,” Environment Manager at Oil & Gas UK, Louise O’Hara Murray, commented.
Hydrocarbon release is the term used to refer to oil and gas leaks, representing a key hazard management issue for those working in the UK offshore oil and gas industry. It’s vital that where these do occur, they are reported appropriately and consistently, responded to effectively, investigated to find casual factors, and that improvement measures are put in place to prevent recurrence.