“I’m pleased to state that all the things has proceeded as prepared” Because the pipeline’s relaunch, he stated.
BOEM acknowledges the commenters' assist for the proposal To guage a potential guarantor utilizing the very same credit score rating or proxy credit ranking criterion as proposed for lessees, along with the Office is finalizing this provision in 30 CFR 556.905(a) as proposed. Remark:
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Other commenters asserted that BOEM have to take into account the obligations of your predecessors during the chain-of-title before seeking additional fiscal assurance from current lessees, otherwise The end result is necessitating “double bonding.” Reaction:
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Much more than a dozen distinctive corporations and companies were engaged within the repairs, which had been concluded in only around 6 months. Repairing this sort of submarine infrastructure typically takes 1 to two several years, Estonia’s Elering explained.
Survey to aid characterise ground problems at turbine and platform places and inter-array cable routes, to assist design and style of foundations and array cables.
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A commenter proposed the Division shouldn't require supplemental bonding for RUEs which are servicing and affiliated with superior benefit leases mainly because some firms own interest inside the reserves related to a RUE granted to maintain a System operational on an expired lease for servicing output on A further lease. Response:
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BOEM agrees While using the commenters which the decommissioning liability should not be double counted; it isn't the Bureau's intent to double rely the decommissioning liability. The laws are clear that BOEM is requesting the discounted price of the reserves ( e.g.,
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