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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, CurrentFeatures, 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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2014 operational summary: Year of delivery for IADC divisions

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

The IADC Operational Integrity (OI) Division, comprising the Onshore, Offshore, Drilling and Well Servicing, QA/QC, and Accreditation and Credentialing Divisions, devoted time and expertise to promoting the interests…

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Analyst: Drilling sees little impact, for now, from Russian sanctions

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

When the US and European Union expanded sanctions on Russia in September, the energy industry took note. Companies such as ExxonMobil have announced their compliance…

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Reduce, control, recycle at heart of smart water management strategy

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

Water is essential to oilfield operations. However, already limited water resources are increasingly in demand. Growing populations, climate change, water limitations and increasing water demand are resulting in unmet needs…

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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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