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IADC: Global Leadership, Global Challenges

IADC Supply Chain Committee develops 2015-2016 strategy


On 8 May, supply chain representatives from 11 drilling contractors met to develop a strategy for the IADC Supply Chain Committee using the Hoshin Kanri methodology of strategy deployment. The committee selected supplier performance and trade compliance as the two main areas of focus. On 9 June, the IADC Leadership Team approved the suggested strategic initiatives:

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From the President/CEO: Through tough times, IADC will maintain focus on safety, crew competence, cost reductions

Stephen Colville, IADC President/CEO

Our industry is facing the most difficult of times. Internally within your companies, shareholders, executive boards and senior leadership are asking you to do more with less. Outside, customers are beating you over the head on costs and performance metrics, while competitors are nipping at your heels and regulators continue to crack the safety whip.

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On 27 May, IADC submitted a response to the US Department of the Interior’s proposed rule to revise and add new requirements to regulations for exploratory drilling and related operations on the Outer Continental Shelf seaward of the state of Alaska. The proposed rule was issued jointly by the Bureau of Safety and Environmental Enforcement (BSEE) and the Bureau of Ocean Energy Management (BOEM) on 24 February 2015.

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