BOEM adjusts level of civil monetary penalties for oil and gas companiesStaff Writer | March 3, 2018
The Bureau of Ocean Energy Management (BOEM) in the U.S. announced a Final Rule that adjusts the level of maximum civil monetary penalties contained in BOEM regulations in accordance with Federal law.
America $43,576 per day per violation
These adjustments are intended to maintain the deterrent effect of civil penalties and to further the policy goals of the underlying statutes.
Under the FCPIA of 2015, this rule adjusts the maximum civil monetary penalties per day per violation to $43,576 for violations under the Outer Continental Shelf Lands Act and to $46,192 for violations under the Oil Pollution Act of 1990.
The Final Rule will be available via the Federal Register on March 2, 2018. The adjusted penalty levels will take effect immediately upon publication of this rule. ■