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Vallourec Wins Inaugural NOIA Environmental, Social, & Governance Excellence Award
For Immediate Release: Wednesday, October 5, 2022
NOIA Contact: Justin Williams, (202) 465-8464 | jwilliams@nullnoia.org
Vallourec Wins Inaugural NOIA Environmental, Social, & Governance Excellence Award
The National Ocean Industries Association has named Vallourec as the winner of the inaugural NOIA Environmental, Social, & Governance (ESG) Excellence Award. The NOIA ESG Excellence Award highlights and recognize those who, by their actions, design, or influence, are contributing to the advancement of the ideals embodied by the NOIA ESG Principles and the NOIA Climate Change Principle.
NOIA President Erik Milito congratulates Vallourec, saying, “The offshore industry is an essential component of an energy system that serves to lift society. Vallourec is a reflection of how NOIA membership strives to be the best neighbor while supporting the development of all forms reliable, responsible, and affordable domestic energy supplies. We congratulate Vallourec on their well-earned recognition and thank all the entrants. The NOIA ESG Excellence Award highlights just one part of the cycle of innovation and improvement our industry embraces.”
Vallourec is recognized for the NOIA ESG Excellence Award through their strong commitment to ESG performance. They have deployed a holistic approach that is supported across the organization. The Vallourec ESG roadmap is a proactive approach that prioritizes measurable, third party validated impacts and targets, communication with employees and stakeholders, building trust with communities, along with teamwork and innovation.
Bertrand Frischmann, Senior Vice President, Vallourec North America says, “We are honored to be recognized as the first recipient of NOIA’s Environmental, Social and Governance Excellence Award. This award demonstrates our long-standing commitment to the principles of ESG and our continued pledge to ensure we are doing the right thing for our environment, our communities, and our employees.”
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The award-winning entry from Vallourec was evaluated by an independent panel of experts from FTI Consulting, Pickering Energy Partners, Cornerstone Government Affairs, and an independent industry expert. NOIA received applications from a diverse cross-section of NOIA membership, highlighting the support for ESG performance among the full ecosystem of companies involved in the offshore energy sector.
2022 marked the first year of the NOIA ESG Excellence Award competition. The NOIA ESG Excellence Award competition is open to any offshore service or supply company that is in good standing with NOIA.
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About Vallourec
Vallourec is a world leader in premium tubular solutions for the energy markets and for challenging industrial applications such as oil and gas wells in harsh environments, new generation power plants, daring architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting-edge R&D continually open new technological frontiers. Operating in more than 20 countries, its 19,000 dedicated and passionate employees work hand-in-hand with their customers to offer more than just tubes: they deliver innovative, safe, competitive and smart tubular solutions to make every project possible.
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About NOIA & the NOIA ESG Network
The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.
The NOIA Environmental, Social, & Governance (ESG) Network is a programmatic effort to share and develop best practices across the offshore energy industry. From top to bottom, NOIA members are already embracing ESG principles as dedicated stewards of the environment and of local communities, and the ESG Program unifies and align their efforts. Through innovation, best ESG practices and new technology, our can industry can solve environmental and climate challenges facing society.
California Can Spur Next American Offshore Wind Hub
For Immediate Release: Thursday, September 15, 2022
NOIA Contact: Justin Williams, (202) 465-8464 | jwilliams@nullnoia.org
California Can Spur Next American Offshore Wind Hub
Washington, D.C. - National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Departments of Energy, Interior, Commerce, and Transportation launched initiatives on floating offshore wind:
"A successful American offshore wind future has to include California and the West Coast. These states can unlock the next American offshore wind hub and help the region, as well as the nation, meet renewable energy goals while spurring jobs and investment. The development and deployment of floating wind technology will be fundamental in tapping wind resources in the vast deepwater areas off our Pacific Coast. The announced lease auction offshore California by year end positions the West Coast for global leadership in deployment of floating wind.
“As the state with the largest economy and population, California can lead a generational energy and economic opportunity. BOEM and NOAA will have to work together and with other stakeholders to ensure that sufficient flexibility is provided and unnecessary restrictions on development are avoided, but we are confident that offshore wind can and will coexist and thrive with local marine life and existing oceanic industries.
"Importantly, Wood Mackenzie found that one lease sale offshore California could support 38,100 jobs per year, $3.5 billion in annual wages and $44.2 billion in total capital investment. As new investments, new technologies, and new Call areas come to fruition, the sky is the limit as to what American offshore wind can achieve."
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The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.
NOIA Statement on Lease Sale 257 Reinstatement
For Immediate Release: Wednesday, September 14, 2022
NOIA Contact: Justin Williams, (202) 465-8464 | jwilliams@nullnoia.org
NOIA Statement on Lease Sale 257 Reinstatement
Washington, D.C. - National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Bureau of Ocean Energy Management (BOEM) announced the reinstatement of Gulf of Mexico Lease Sale 257, in compliance with the Inflation Reduction Act:
"The reinstatement of Lease Sale 257 is essential in keeping energy flowing from the Gulf of Mexico. Communities along the Gulf Coast and throughout the country rely upon Gulf of Mexico oil and gas development for good-paying jobs, affordable energy supplies, and important funding for local infrastructure needs, coastal restoration and resiliency, and parks and recreation programs. It had been nearly two years since companies were last able to secure new leases from a region that is recognized as national strategic asset.
"At a time of inflationary energy price impacts and global energy insecurity, the Gulf of Mexico oil and gas sector continues to shine as an economic engine that operates under world class safety standards and produces among the lowest carbon barrels of oil in the world."
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The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment
Offshore Safety Regulations Must Reflect Sound Engineering Practices and Design
For Immediate Release: Monday, September 12, 2022
NOIA Contact: Justin Williams, (202) 465-8464 | jwilliams@nullnoia.org
Offshore Safety Regulations Must Reflect Sound Engineering Practices and Design
Washington, D.C. - National Ocean Industries Association (NOIA) President Erik Milito issued the following statement after the Department of the Interior announced proposed changes to the Well Control Rule:
“We will review and work with industry and regulators to ensure that the proposed regulatory changes increase safety and decrease risk. The Well Control Rule is a highly technical rule; logical and collaborative updates must flow through subject matter experts to promote decisions based upon sound engineering practices and design.
“The 2019 revisions to the Well Control Rule addressed technical problems and cleared up ambiguity with the original rulemaking. 274 of the 342 provisions in the original Well Control Rule were left unchanged. Any further updates to the Well Control Rule should follow a similar tailored approach that does not result in unintended adverse safety consequences.
"Nothing is more important to the oil and gas industry or to the regulator than the safety of our people and their communities and the environmental protection of our waters and coasts. Every barrel of oil produced in the Gulf of Mexico is a barrel produced under some of the highest environmental and safety standards in the world. Our industry has built world-class oil and gas production with a smaller environmental footprint and has been at the forefront of developing new safety equipment and improving safety standards. Our industry embraces a cycle of continuous improvement and innovation with a focus on ever-improving safety in operations.
“We appreciate the opportunity to work with BSEE on our mutual objective of safe and environmentally responsible energy development.”
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The National Ocean Industries Association (NOIA) represents and advances a dynamic and growing offshore energy industry, providing solutions that support communities and protect our workers, the public and our environment.
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