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Finnish maritime authorities reported at time of the incident, they unsuccessful to determine radio connection with Newnew Polar Bear’s captain Regardless of many attempts.
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The Office proposed to rename the lease-specific abandonment accounts in 30 CFR 556.904 as “Decommissioning Accounts,” the terminology utilized by the sector. This identify change is intended to remove any perceived limitation that this type of account can utilize to only just one lease, and also to signify that these accounts may very well be used to make certain compliance with supplemental monetary assurance necessities for just a RUE and ROW grant, as well as a lease.
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The amendments During this closing rule are predicted to raise the complete amount of money of monetary assurance expected from OCS lessees and grant holders. All those lessees that do not satisfy the updated conditions to stop offering supplemental monetary assurance will have an increased compliance Charge in the form of bond premiums. BOEM has drafted an RIA detailing the believed impacts of the beginning Printed Website page 31564 respective provisions of this remaining rule. These impacts replicate both equally monetized and non-monetized impacts; the costs and benefits of check here the non-monetized impacts are talked over qualitatively while in the RIA and in the following paragraphs. The desk underneath summarizes BOEM's monetized estimate of the price of improved bonding premiums compensated by lessees in excess of a 20-calendar year period of time.
(88 FR 86285), which would amend the bonding specifications when filing an attractiveness of a BSEE civil penalty. The proposed rules would call for that entities pleasing a BSEE civil penalty choice for the IBLA need to have a bond masking the civil penalty assessment sum with the IBLA to have jurisdiction more than the charm. Even further, an enchantment bond need already applies to appeals of civil penalties assessed by BOEM and orders in the Office of All-natural Assets Profits (ONRR). This kind of need is equally suitable once the result of the alter in situations in the appellant, for instance individual bankruptcy or insolvency, could go away DOI without the indicates of executing decommissioning.