Performance-based regulation and the development of international regulatory uniformity in offshore oil and gas operations

Dbouk, Wassim and Tsimplis, Michael (2019) Performance-based regulation and the development of international regulatory uniformity in offshore oil and gas operations. In, Managing the risk of offshore oil and gas accidents: The international legal dimension. 2019 ed. Edward Elgar Publishing, pp. 18-51. (doi:10.4337/9781786436740).

Record type: Book Section

Abstract

This chapter analyses several national regulatory regimes as part of a positive analysis. Their similarities and differences form the basis for assessing the degree if international harmonisation amongst them. The normative analysis is based in Aalders' and Wilthagen's four stategies for "regulating the self-regulators": systems monitoring, intermediary structures and networks, corporate social responsibility, and other market-oriented regulatory tools. In the end, the examination will show that progress in harmonisation of systems monitoring has been the result of companies' need to develop uniformity in their safety management systems. The other three strategies are less developed. In short, there is no international quasi-regulation of the offshore industry, despite the harmonisation of some of the industrial standards within groups of companies.

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