IPIECA Oceans Study

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The purpose of this report is to provide IPIECA members with a broad overview of the global issues, stakeholders and policy/legal context of ocean environmental concerns potentially constraining oil and gas industry operations. Oceans are critical to the industry, as marine exploration and production will continue to increase. Access may, however, increasingly be constrained due to conflicts with other uses of marine areas, including protection, and due to the impacts of oil and gas operations. A proactive, international, multi-stakeholder approach to addressing ocean sustainability may be an opportunity and necessity for the industry to maintain the social license to operate and continue to have access to resources.