Civil Liability and Financial Security for Offshore Oil and Gas Activities

Civil Liability and Financial Security for Offshore Oil and Gas Activities

by Michael Faure

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"Civil Liability and Financial Security for Offshore Oil and Gas Activities provides insights into the liability and compensation regime for offshore- related damage. The book analyses the legal regime in a variety of states (including the US and the UK) as well as the EU regime. In addition the various compensation mechanisms and amounts available today to compensate offshore-related damage are described and critically analysed. Moreover, based on in-depth interviews with a wide variety of relevant stakeholders including insurers, representatives from supervisory authorities, and oil and gas producer. This volume also provides a variety of policy recommendations, formulated to provide an optimal compensation regime for offshore-related damage"--

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