IADC Honors Transocean’s Terry Loftis with Exemplary Service Award

Houston, 3 October 2013 – IADC recently awarded Terry Loftis, a pioneer of the IADC Advanced Rig Technology (ART) Conference, with an Exemplary Service Award for his contributions to the ART Drilling Controls Systems Subcommittee. Mr. Loftis, director of engineering for Transocean, received his award during the opening ceremonies of the IADC Advanced Rig Technology Conference on 17 September.

Mr. Loftis joined Transocean in 1997, relocating to South Korea for shipyard construction of new-generation deepwater rigs. Throughout his career, Mr. Loftis has been active in the company’s engineering development and new-build programs. He was a consultant for MODU construction for Transocean in the  mid-1980s working on semisubmersible design and construction. A decade later, he worked on design of deepwater drillships.

The IADC Exemplary Service Awards recognize individuals for their outstanding contributions to IADC and the drilling community and their commitment to improving and advancing the industry’s safety, training and technology.

About IADC

IADC is dedicated to enhancing the interests of oil-and-gas and geothermal drilling contractors worldwide. IADC’s contract-drilling members own most of the world’s land and offshore drilling units and drill the vast majority of the wells that produce the planet’s oil and gas. IADC’s membership also includes oil-and-gas producers, and manufacturers and suppliers of oilfield equipment and services. Founded in 1940, IADC’s mission is to improve industry health, safety and environmental practices; advance drilling and completion technology; and champion responsible standards, practices, legislation and regulations that provide for safe, efficient and environmentally sound drilling operations worldwide. IADC holds Accredited Observer status at the International Maritime Organization and the International Seabed Authority, specialized agencies of the United Nations. The Association is a leader in developing standards for industry training, notably its Well Control Accreditation Program (WellCAP)® and rig-floor orientation program, RIG PASS®. IADC is headquartered in Houston and has offices in Washington D.C., the Netherlands, Thailand, and the United Arab Emirates, as well as chapters in the UK, Venezuela, Brazil, Australasia, South Central Asia, Southeast Asia, the Middle East and across the United States. For more information, visit the IADC website at www.iadc.org.