U.K. SAFETY RULES TO CARRY BIG PRICE TAG
New rules on safety in the British North Sea could cost the industry as much as $2.8 billion during the next 15 years. Draft regulations and guidance, published by Britain's Health and Safety Commission, will require operators and owners to submit a safety case for each offshore installation by a date in 1993. And the case must have been accepted by a date in 1995 (OGJ, Mar. 2, Newsletter).