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Law no. 40/2023 Amending the Offshore Safety Law no. 165/2016 (Law 40) is Applicable As of January 18, 2023

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Law no. 40/2023 amending the Offshore Safety Law no. 165/2016 (Law 40) is applicable as of January 18, 2023.

Arguably, some of the Law 40 provisions seem to suggest the observance of EUOAG requirements. However, among the many changes introduced by Law 40, the following seem to be the most problematic from either a legal perspective or a real safety issue:

  • The introduction of a new definition i.e. offshore technical vessels, further to which a Safety Case must also be prepared and accepted for these kind of vessels when such are used as part of the operations;
  •  The introduction of a NAMR certified auditor, in addition to the already existing IVB;
     
  • The setting of a process suggesting that the Offshore Safety Authority (ACROPO) may determine NAMR to ask the removal of the operators appointed by titleholders of petroleum agreements;
     
  • The putting in place of a computation mechanism for the allowed accidental crude oil spills in the worst case scenarios of the Emergency Internal Response Plan.

By Oana Ijdelea, Managing Partner, and Lorena Vasvari, Senior Associate, Ijdelea & Associates

Romanian Knowledge Partner

Țuca Zbârcea & Asociații is a full-service independent law firm, employing cross-disciplinary teams of lawyers, insolvency practitioners, tax consultants, IP counsellors, economists and staff members. It also operates a secondary law office in Cluj-Napoca (Romania), and has a ‘best-friend’ agreement with a leading law firm in the Republic of Moldova. In addition, thanks to the firm’s dedicated Foreign Desks, the team provides the full range of services to international investors seeking to gain a foothold or expand their existing operations in Romania. Since 2019, the firm and its tax arm are collaborating with Andersen Global in Romania.

Țuca Zbârcea & Asociaţii is providing legal services in every aspect of business, covering all major areas of practice: corporate and M&A; litigation and international arbitration; corporate tax; public procurement; TMT; employment; insurance; banking and finance; capital markets; competition; healthcare and pharmaceutical; energy and natural resources; environmental; intellectual property; real estate; regulatory legal services.

Țuca Zbârcea & Asociaţii is a First-Tier law firm in all international legal directories and a multiple award-winning law firm both locally and internationally. It received the CEE Deal of the Year Award (DOTY Awards 2021) and the Law Firm of the Year Award: Romania (IFLR Europe Awards 2021). 

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