Who is IADC?

Who is IADC?

IADC – International Association of Drilling Contractors.

What is IADC WellSharp?

® IADC’s WellSharp accreditation program provides comprehensive well control training standards for the global drilling industry, emphasizing rigorous training for every person with well control responsibilities.

What is a offshore drilling contractor?

Offshore drilling can be considered as a sophisticated process of drilling a hole below the seabed. This costly procedure is done for extracting petroleum from the rock formations below the seabed. For this special equipment and techniques are required that are entirely fulfilled by the offshore drilling companies.

What is an independent oil drilling contractor?

Drilling contractor refers to those individuals or group of individuals who own a drilling rig. Drilling contractors contract their services mainly for drilling wells. Drilling contractors also provide equipments, people and the expertise to drill wells, which can be either offshore or onshore.

When was IADC formed?

IADC was founded in 1940 by a group of visionaries who believed that drilling contractors needed a collective voice to advocate for their interests within our industry.

What are the three types of offshore drilling?

Mobile offshore drilling units (MODU) are classified into a number of structures, namely:

  • Drilling barges. They are mostly utilized for shallow water drilling in calm water conditions.
  • Jack-up Rigs.
  • Submersible Rigs.
  • Semi-Submersible Rigs.
  • Drill ships.

Can you drill for oil in international waters?

In this territory, a country has full rights to all resources below the ocean’s surface-think fishing, oil drilling, etc. Ships are allowed to pass through the EEZ, but cannot extract any natural resources from the sea.

Do you have to pay to get off an oil rig?

In the most of the cases, the shipping companies pay for it. But, sometimes, the employees will have to pay the air ticket to the place of embarkment, and it will be refunded after the end of the contract. You will be informed about it in the company offices or employment agency during the interview.