Mexican regulator announces new rules for deepwater drilling

Mexico's upstream regulator, the National Hydrocarbons Commission, announced rules to govern deepwater drilling within the nation's territorial waters.
The new regulations, published in Tuesday's edition of El Diario Oficial-- the Mexican equivalent of the Federal Register-- are intended to prevent Macondo-like accidents and spills.
In a statement, the commission said the rules apply to all drilling in depths of 500 meters or more.
[Read more]
Source: Platts