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Mexico sets sights on foreign investment through energy reform

Posted on 05 November 2014 in 2014, Global and Regional Markets, November/December

Mexico has vast oil and gas reserves but not enough capital resources to drill for it. Consider this: In the US-controlled part of the Gulf of Mexico, more than 300,000 bbl…

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Editorial: It’s been an honor to lead IADC through a year of powerful accomplishments

Posted on 05 November 2014 in 2014, IADC: Global Leadership, Global Challenges, November/December

It is with a great sense of accomplishment that I wrap up my year as Chairman of IADC. As a member of the association for more than 23 years, and with previous experience on the Executive Committee…

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Business as usual, but with caution

Posted on 05 November 2014 in 2014, Features, Global and Regional Markets, November/December, Onshore Advances, The Offshore Frontier

Geopolitical concerns, notably worrisome aggression from the Islamic State of Iraq and the Levant (ISIL) across northern Iraq, is signaling a cautionary mood in the Middle East. However, it is business as usual for the oil…

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Drilling Ahead: IADC workshops shed light on new EU rule

Posted on 05 November 2014 in 2014, Departments, November/December

The European Union has implemented the offshore regulatory version of Einstein’s elusive Grand Unified Theory, and IADC is there to help its members understand…

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Drilling potential abounds in Mexico, but so does uncertainty

Posted on 05 November 2014 in 2014, Global and Regional Markets, November/December, Onshore Advances, The Offshore Frontier

The tides are turning in Mexico after the government ended PEMEX’s 76-year monopoly over the country’s oil and gas market. On 20 December 2013, Mexico’s energy reform bill became a law…

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Perspectives: Jennifer Guidry, Hercules Offshore: Empowered employees key to achieving incident-free operations

Posted on 05 November 2014 in 2014, Departments, Drilling It Safely, November/December

Jennifer Guidry never expected to find herself in a leadership position at an offshore drilling company in Houston. “One of the greatest things I’ve learned,” she said, “is that to achieve extraordinary things…

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HSE&T corner: Transocean takes proactive approach to implementing ABCDs of malaria prevention

Posted on 05 November 2014 in 2014, Departments, Drilling It Safely, November/December

Although Ebola is the disease that’s dominating the bulk of media attention these days, it’s malaria that companies should be thinking more about in terms of protecting employees’ health. Malaria…

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Wirelines

Posted on 05 November 2014 in 2014, IADC: Global Leadership, Global Challenges, November/December

The US Bureau of Labor Statistics (BLS) recently reported preliminary results from the 2013 National Census of Fatal Occupational Injuries. Mining, quarryibg and oil and gas extraction had the third highest fatal…

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News cuttings

Posted on 05 November 2014 in 2014, IADC: Global Leadership, Global Challenges, November/December

At the annual Offshore Energy Center (OEC) gala on 27 September, IADC was recognized with an election to the Offshore Energy Center Hall of Fame as a Technology Pioneer. IADC was awarded the honor…

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People, Companies & Products

Posted on 05 November 2014 in 2014, Departments, November/December

Edwin “Eric” McGhee, who served as Executive Vice President for IADC for 15 years, passed away on 4 October. He was 88. Born on 31 December in 1925 in Brownwood, Texas, Mr McGhee was the seventh of eight children…

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