BOEM and BSEE announced they will advance new research into whether certain policy changes could help increase oil and gas production from existing deepwater infrastructure in the Gulf of Mexico...

In this video interview with DC, Elizabeth Craddock, Vice President of Government and Industry Affairs for IADC, provides a brief overview on actions from both Congress and the White House, which may have significant impacts on the energy industry. Watch the full interview to learn more...

IADC is now seeking member comments on the revised Standard Format Equipment List for Semisubmersible/Drillships Units. Deadline for feedback submission is 18 September 2020...

To service current and prospective members in the Latin America region, IADC has established a Latin America Chapter, which launched virtually on 19 August. Learn more in this video interview with DC...

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 ...

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 ...

The Outer Continental Shelf (OCS) Governors Coalition announced its support for increased revenue sharing and energy production on the OCS...

IADC is accepting nominations for those who made notable contributions to improved drilling performance, including safety and equipment reliability...

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 ...

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. ...