The oil and gas industry is reeling following the outbreak of COVID-19 and a price conflict between Russia and Saudi Arabia, both of which have combined to send oil prices tumbling and drillers scrambling to pick up the pieces. In an interview with Drilling Contractor magazine, IADC VP of Policy and Government Affairs, Liz Craddock, discussed legislation passed by the U.S. Federal government designed to help businesses say afloat during the pandemic. In the interview, Mrs. Craddock outlines the legislation and how drillers in particular can take advantage of it and also discusses why it is important for the government to help the oil and gas industry manage through one of the more challenging economic environments in years.
The full audio interview with Mrs. Craddock can be found on DrillingContractor.org.