Offshore oil and gas regulation

Offshore oil and gas regulation involves rules and oversight to ensure safe, environmentally responsible extraction from beneath the ocean floor. Governments create agencies and laws to manage licensing, safety standards, environmental impact assessments, and emergency response plans. These regulations aim to prevent accidents, protect marine ecosystems, and ensure that companies operate transparently and ethically. They also include monitoring and inspections to enforce compliance. Overall, offshore regulation balances energy development with environmental protection and safety, helping to manage the risks inherent in deep-sea resource extraction.