The function-based regulations in Norway allow for continuous development, while at the same time, the operatingcompanies have a very clear and specific responsibility. This means extra quality control in all operations. I have no doubt that this contributes to the high level of safety. Gro Brækken, Director General of the Norwegian Oil Industry Association
This is an important report for BOE’s regulatory philosophers and those who are involved in one of the post-Macondo reviews. The description of the US regime is not entirely accurate, but this comparison is nonetheless very useful.