EU seeks to establish strict offshore oil drilling safety regulations

According to a report from Dow Jones Brussels on October 14, the European Commission said on Wednesday that it will seek to develop new and strict safety regulations for offshore oil drilling operations, which was affected by the BP oil spill in BP in April this year.

EU Energy Commissioner Guenther Oettinger said in a statement that it must ensure that disasters like the Gulf of Mexico oil spill do not occur in European waters. This is why the European Commission has proposed to change the most effective safety practices in Europe to the entire EU region. The commission said that it plans to submit new regulations for the establishment of common standards within the EU early next year, and that oil companies will have to comply with these standards when drilling offshore. These standards will include the contingency plan, the financial methods adopted after the accident occurred, and the security measures of the oil operation platform.

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