LOI

The US Bureau of Safety and Environmental Enforcement (BSEE) and Mexico’s National Agency for Industrial Safety and Environmental Protection of the Hydrocarbons Sector (ASEA) have signed a letter of intent (LoI) to cooperate on regulatory aspects for sustainable offshore hydrocarbon resource development.

Under the LoI, the safety and environmental enforcement agencies will strengthen coordination and information sharing relating to the development, oversight, and enforcement of safety and environmental regulations.

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Both countries are already cooperating on conservation, management and sustainable development of natural resources.

Under the LoI, the agencies will coordinate over periodic information and exchange experiences, organisation of bilateral events and visits of delegations.

BSEE and ASEA will also participate as observers in activities relating to their respective authorities and conduct joint studies and research.

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BSEE director Brian Salerno and ASEA executive director Carlos de Regules Ruiz-Funes signed the letter at the International Regulators’ Forum (IRF) Offshore Safety Conference in Washington.

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Established on 2 March 2015, ASEA is responsible for the regulation and oversight of all oil and gas production, as well as industrial safety and environmental protection in Mexico.

The agency works to provide certainty to both investors and society.

Established in 2011, BSEE is an agency under the US Department of the Interior, and exercises the safety and environmental enforcement functions formerly under the Minerals Management Service.

Image: BSEE director Brian Salerno and ASEA executive director Carlos de Regules Ruiz-Funes signing the letter of intent. Photo: courtesy of BSEE.