President Joe Biden announced executive orders to adapt to climate change and boost offshore wind energy production. These orders are meant to address the climate crisis as the country looks to enter a massive heat wave. The president is set to announce additional climate change related executive actions next month.

An examination of the rise of annual sales in oil exploration companies despite the very real threat of a post-pandemic recession. Operators around the globe are expected to boost the number of wells drilled next year by 15% compared to this year, according to a survey by industry consultant Kimberlite LLC.

SkyWater Technology plans to build a $1.8 billion semiconductor research and development and production facility in West Lafayette, Indiana. The estimated 600,000-square-foot plant will be located in the Discover Park District.

September 12: Jumeirah Creekside Hotel, Dubai, United Arab Emirates
Hosted by the International Diving Industry Forum {IDIF), the seminar will combine technical inputs from diving industry experts, recommended operational guidelines and practices, and hands-on experiences carried out worldwide. The event aims to provide delegates with the awareness that will enable them and their teams to continue to increase diving industry safety while controlling the risks associated with underwater ship husbandry. 

 

A Dutch-made wave energy converter has been stationed in the coastal waters of the Netherlands by Slow Mill Sustainable Power. The reported plan is to use this demonstration to further streamline its wave energy technology.

There have been two new oil discoveries offshore Guyana by Exxon Mobil Corp. The company reports it is already producing more than the 340,000 barrels of oil equivalent per day (boepd) target it had originally set for itself by the end of 2022.

The Spainish Ministry for the Ecological Transition and the Demographic Challenge (MITECO)  has drafted a plan for aid programs totaling €200 million, which are designed to boost investments in pilot projects, test platforms, and port infrastructure for marine renewable energy.

Bombora Wave Power reports it is entering the final test and assembly phase of the 1.5MW Pembrokeshire Demonstration Project, preparing to validate its claim of creating the world’s most powerful Wave Energy Converter.

Ocean Harvesting is reporting a new patent application for an improved pre-tensioning system in the power take-off (PTO), replacing customized components in the previous design with standard components. This is a critical step towards the final validation stage of the system at full scale and the commercialization of the technology.

CorPower Ocean has partnered with composite machinery specialist Autonational and composite tank experts CPT Tankwell to develop its first commercial-scale hull in Viana do Castelo (Portugal), using a custom-built machine, installed inside an environmentally controlled work cell.

Once you leave the water, there’s no reason to leave the industry. ADCI Executive Phil Newsum answers questions about commercial diving career aspirations.

Photo credit: KUCHERAV/SHUTTERSTOCK.COM