Haynes and Boone, LLP Partner Glenn Kangisser spoke with Financial Times on oil and gas companies that have missed decommissioning deadlines for empty wells.
Read an excerpt below:
Glenn Kangisser, a partner at law firm Haynes and Boone, who specialises in offshore energy, said a transparent register would “help the supply chain by providing clarity around upcoming projects”.
But he added: “I suppose you will also have to look at how the public and investor community react towards the publication and publicity around breaches. And you can consider whether NGOs might seek to amplify publication of breaches, which might in itself prompt action.”
