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IADC, Regulation, and Legislation

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DEC holds ‘Rig for the Future’ forum, now planning ‘Transformation in Leadership’ The IADC Drilling Engineers Committee (DEC) held a virtual Tech Forum, “Rig for the Future,” on 24 June with more than 170 participants. The event brought together industry experts – representing drilling contractors, operators and service companies – to share their thoughts on what a new rig for the future would look like, as well as its potential value and the barriers the industry must address to achieve such a vision. Topics addressed included rig power systems, rig floor robotics, leveraging automation and digitalization technologies, and the evolution of rig controls. Speakers at the event, which was moderated by DEC Board member Robert Estes with Halliburton, were Marcel ...

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Wirelines

IADC urges international authorities to adopt IMO pandemic recommendations IADC recently partnered with several trade organizations on a document urging national authorities to recognize a Circular Letter from the International Maritime Organization (IMO). The document calls for personnel in the offshore energy sector to be designated as “key personnel” during the COVID-19 pandemic. The recommendations in Circular Letter No.4204/Add.13, which was issued by IMO in consultation with IADC, the International Association of Geophysical Contractors (IAGC), International Association of Oil & Gas Producers (IOGP), International Support Vessel Owners Association (ISOA) and the International Marine Contractors Association (IMCA), detail recommendations for facilitating movement of key workers to and from their places of work on all vessels and installations engaged in offshore energy ...

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Amid unprecedented uncertainties, IADC stands with our members, ready to serve

By Jason McFarland, IADC President As this edition of Drilling Contractor magazine goes to press, world governments are debating the safest ways to open their countries back up after the COVID-19 pandemic upended the global economy and as the disease continues to threaten human lives around the world. The pandemic’s impact on the oil and gas industry has been catastrophic as well, putting oil markets in chaos and sending the price of oil tumbling. In this environment, it can be hard to find the right words to say to IADC’s members, as so much of the news we are bombarded with every day is negative. However, even amid these unprecedented circumstances, I have seen glimmers of hope. IADC members, in ...

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Wirelines

US CARES Act to inject needed relief for small businesses, industries In response to the devastating economic impacts arising from quarantine and stay-home orders, the US Congress and Administration passed several relief bills, including the CARES Act, which provide direct stimulus relief for families, small businesses and corporate relief. IADC President Jason McFarland said: “IADC has not been spared from the devastating effects of the crisis; all of our 1,000 plus member companies and their employees are feeling it. While our members include a few large corporations, the majority are small companies working with local communities to provide the energy that makes modern life possible. These companies have harnessed decades of American ingenuity to provide millions of jobs to workers. ...

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