IADC Contracts Committee

IADC Contracts Committee

Meeting & Venue Details

Online Only

Meeting access details/login information will be sent to all registered attendees the day before the meeting.
Start DateMay 14, 2021Start Time8:00 am
End DateMay 14, 2021End Time11:00 am

Agenda

8-9 am – IADC Contracts Committee Officers Meeting (committee officers only)

9-11 am General Committee Meeting

1 Introductions, Safety moment, Antitrust Guidelines/Sanctions, General Business (Housekeeping) – Tyler S. Mike D.  

 

2 Approval of Minutes of 19 February 2021 Meeting – Tyler S. 

 

3 Update on Various Initiatives –HSE Case Land Rig Guidelines – Mike D.  
4 Guest Presentation – Managing bribery and corruption risks through contract – simple as ABC clauses …? Presented by Mr. Paul Marshall.  Mr. Marshall is a partner with UK law firm Brodies.

 

5 Amicus Brief Actions/Updates – Tyler S. Mike D.

 

IADC Model Contract – Standard Rig Equipment List for Floating Offshore Rigs – Subcommittee – John Kilburn/Mike D.

Copyright Issues for updating the IADC Dated Contracts – David Odom Harris and Mike D.         Directional Drillers and ESG Committees – Mike D.

 

Update – Committee 2021 Initiatives – Tyler S.

 

6 Any Other Business  

 

7 Next Meeting Date and Venue, Feed Back – Adjournment of General Session

 

IADC Contracts Committee Mission

To promote clarity and efficiency in commercial documentation within the global drilling community and foster a wider understanding of contracts and risk management.

Quick Links

General Committee meetings are open to participants from all categories of IADC membership. The Chairman may invite non-members to attend when it furthers the interests of the Committee. At the discretion of the Chairman and IADC staff, the meeting or portions of the meeting may be exclusively reserved for drilling contractor members. Meetings will be held at such times and locations as may be selected by the Chairman with the advice of the Committee. For any questions, please contact the IADC Committee Coordinator.