Mexico’s Problematic E&P Safety Regime
Additional work needed for Macondo-scale regulation
MEI Report 832 (Houston)
The 2013‐14 Energy Reform in Mexico created a new agency that would be responsible for standards and compliance in relation to commerce in hydrocarbons. Unlike the United States and Norway, among other jurisdictions, where cognate agencies would be focused specifically on offshore oil and gas operations, the mandate of Mexico’s agency extends across the entire hydrocarbon value chain.
Mexico’s Hydrocarbon Safety Agency (or ASEA by in acronym in Spanish) had a rocky start, employing staff with limited experienced and a minimalist budget that motivated employees to bring furniture from home to fill out their offices.
On May 13, 2016, the agency issued its general guidelines on the preparation and submission by regulated parties of a safety management system. Seven months later, ASEA issued its guidelines specifically for exploration and production (E&P).
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