Sep 2, 2014 IPAA and NOIA Letter to the Bureau of Ocean Energy Management Requesting an Extension for Public Comment on its Advance Notice of Proposed Rulemaking for Offshore Risk Management, Financial Assurance and Loss Prevention
The Independent Petroleum Association of America (IPAA) represents 9,000 independent oil and gas companies across the United States. Independent producers drill about 95 percent of American oil and natural gas wells, produce about 54 percent of American oil, and more than 85 percent of American natural gas. The National Ocean Industries Association (NOIA) is the only national trade association representing all segments of the offshore industry with an interest in the exploration and production of both traditional and renewable energy resources on the U.S. Outer Continental Shelf (OCS). The NOIA membership comprises more than 320 companies engaged in a variety of business activities, including production, drilling, engineering, marine and air transport, offshore construction, equipment manufacture and supply, telecommunications, finance and insurance, and renewable energy.