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Liability and Compensation in Offshore Oil and Gas Operations

Summary

This resolution calls for a stronger EU framework to handle liability and compensation following offshore oil and gas accidents, ensuring victims are protected.
10 01.12.2016
Other
energy
environment
public safety
administrative law
business and competition

Key points

  • The resolution calls for a comprehensive EU framework to govern all offshore activities and prevent accidents from having cross-border implications.
  • Current laws do not adequately address civil damages such as bodily injury, property damage, or economic loss.
  • There is a specific need to protect sectors like fisheries and tourism from the secondary economic effects of offshore accidents.
  • The resolution suggests improving financial security by looking beyond just insurance to ensure companies can cover major accidents.
Documents (PDFs)
REPORT on liability, compensation and financial security for offshore oil and gas operations Liability, compensation and financial security for offshore oil and gas operations
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