DRILLBITS
Monthly eNewsletter from the IADC


IADC Lexicon Featured Term for April 2020

The IADC Lexicon is an oil and gas dictionary of upstream-related terms, which, unlike conventional glossaries, are official definitions drawn from legislation, regulation and regulatory guidance, standards (global, national and regional), IADC guidelines, and Well Control Institute. Terms often have multiple definitions from different sources.

This month’s Featured Term is:

Governing Body” ( Source: ISO/IEC 27000:2014, Information technology — Security techniques — Information security management systems — Overview and vocabulary, Third Edition, January 2014. Global Standards):

Person or group of people who are accountable for the performance and conformance of the organization.

  • Note 1 to entry: Governing body can in some jurisdictions be a board of directors.