Summary: | These Guidelines are intended to be of use to the Arctic nations for offshore oil and gas activities during planning, exploration, development, production and decommissioning to help secure common policy and practices. The Guidelines are intended to define a set of recommended practices and outline strategic actions for consideration by those responsible for regulation of offshore oil and gas activities (including transportation and related onshore activities) in the Arctic. The goal is to assist regulators in developing standards, which are applied and enforced consistently for all offshore Arctic oil and gas operators. While recognizing the nonbinding nature of these Guidelines, they are intended to encourage the highest standards currently available. They are not intended to prevent States from setting equivalent or stricter standards, where appropriate.
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