Ipieca is pleased to announce GeoPark as its newest corporate member and welcomes the International Association of Drilling Contractors (IADC) to its association membership.
GeoPark is a leading Latin American oil and gas exploration and production company with operations and growth platforms in Colombia, Ecuador, Chile, Brazil and Argentina.
GeoPark aims to reach the highest standards in five areas that are essential to the company, society and the planet; Safety, Prosperity, Employees, Environment and Community Development. Drawing on environmental, social and corporate governance best practices, this 'SPEED value system' is the foundation of GeoPark, enabling the company to develop successful, safe and sustainable operations, and contribute to the United Nations 2030 Agenda and its 17 Sustainable Development Goals. The company also has a robust greenhouse gas emissions reduction strategy with immediate and aggressive targets to reach Scope 1 and 2 net-zero emissions by 2050.
IADC is a global non-profit trade association for advancing the drilling industry.
At the core of IADC's mission is an imperative to promote the highest standards of stewardship in industry safety standards, environmental integrity and operational efficiency. IADC's new Sustainability Committee and Energy Efficiency Subcommittee offers opportunities for its members to share best practices and collaborate on the development of solutions to address environmental, social and governance concerns.