IADC’s Petty to lead ITAC Investment Working Group

Posted on 31 January 2012

The US Secretary of Commerce and US Trade Representative (USTR) have designated IADC executive VP – government affairs Brian Petty as chairman of the Investment Working Group of the Department of Commerce Industry Trade Advisory Committees (ITACs). Mr Petty will continue to serve as chairman of ITAC2 on automotive equipment and capital goods.

Recently, IADC and 85 other groups representing the business and agricultural communities jointly wrote to US President Barack Obama expressing concerns over a proposal to merge the Office of the USTR with five other agencies into a single cabinet-level department.

The USTR plays an invaluable role in coordinating the different entities within the US government with specialized trade functions based on expertise. By balancing the interests of various constituencies and agencies, the USTR provides assurance “that no one has a thumb on the scale,” the letter stated.

As a separate entity within the Office of the President, the USTR is able to act responsively to negotiate, implement and enforce US trade objectives. The USTR is actively involved in growing US exports, eliminating foreign market barriers and improving the overall competitiveness of US farm and manufactured goods and services in the global economy.

Mr Petty can be reached via email.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 22 October 2014

    Shell discovers gas in pre-salt reservoir offshore Gabon

    Shell announced a frontier exploration discovery offshore Gabon, West Africa. The well Leopard-1 encountered a substantial gas column with around 200 m net gas pay…

  • 22 October 2014

    Statoil proves new oil resources near Grane field in North Sea

    Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 m in the Heimdal Formation. The estimated volume of the discovery…

  • 21 October 2014

    IADC Cybersecurity Task Group to provide industry guidance to assess risks

    The oil and gas industry is not immune to cybersecurity threats, from computer viruses and malware to targeted attacks. The IADC Advanced Rig Technology (ART) Committee…

  • 21 October 2014

    Check-6 launches RIGOR digital checklist and compliance system

    Check-6 has launched RIGOR, a checklist-based mobile app to help simplify complex procedures and mitigate human error on the rig. Taking lessons from the aviation industry…

  • 21 October 2014

    Video: Next IADC Land Contract update to start in 2016

    The latest version of the IADC Land Contract was released in November 2013. Various incidents, including Macondo, delayed the release. “It’s an industry contract…

  • Read more news