Strategies for restoration of deep-water coral ecosystems based on a global survey of oil and gas regulations
Strategies for restoration of deep-water coral ecosystems based on a global survey of oil and gas regulations
Abstract:
The oil and gas industry is one of the most active agents of the global industrialization of the deep sea. The wide array of impacts following the Deepwater Horizon oil spill highlighted the need for a systematic review of existing regulations both in US waters and internationally. Within different exclusive economic zones, there are a wide variety of regulations regarding the survey of deep-water areas prior to leasing and the acceptable set-back distances from vulnerable marine ecosystems once they are discovered. There are also varying mitigation strategies for accidental release of oil and gas, including active monitoring systems, temporary closings of oil and gas production, and marine protected areas. The majority of these regulations are based on previous studies of typical impacts from oil and gas drilling, rather than accidental releases. However, the probability of an accident from standard operations increases significantly with depth. The Oil & Gas working group of the Deep Ocean Stewardship Initiative is an international partnership of scientists, managers, non-governmental organizations, and industry professionals whose goal is to review existing regulations for the oil & gas industry and produce a best practices document to advise both developed and developing nations on their regulatory structure as energy development moves into deeper waters.