Abstract
Accidents occurring offshore in relation to the Oil and Gas (O&G) industry
may produce significant damaging effects on the marine environment, and
particularly on the fishing and aquaculture industries. The economic cost of
the impact that major offshore accidents have on fisheries is most
frequently assessed with the Social Cost method, accepted by the current
international compensation framework. The cost of the impact of minor
incidents is evaluated by the Compensation mechanism, and therefore
known by the value of settled claims. Recently approved European
legislation aims to maximize safety conditions in all stages of the offshore
O&G industry, minimizing the number of incidents and alleviating harmful
impacts to the environment.
| Original language | English |
|---|---|
| Publisher | EU-Directorate General for Internal Policies |
| Number of pages | 56 |
| ISBN (Print) | 978-92-823-5282-3 |
| DOIs | |
| Publication status | Published - 2013 |
Keywords
- Oil and Gas
- drilling accidents
- fisheries
- oil pollution
- marine pollution
- aquaculture
- fisheries structure
- environmental impact
- economic consequence
- fishing industry
- accidental pollution
- risk prevention
- transport accident
