April 11, 2015 8:39 AM EDT

The Obama Administration is planning to announce new safety regulations for offshore oil and gas drilling to help prevent a major explosion like the one that caused the BP oil spill, according to a report.

The announcement is expected to coincide with the disaster’s five-year anniversary later this month, the New York Times reports.

The new regulations would likely tighten safety requirements on blowout preventers. The devices, seen as a last line of defense, malfunctioned and failed to stop the explosion of the Deepwater Horizon oil rig on April 20, 2010.

Read more at the New York Times.

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