ADCI Underwater TodayOctober11, 2019 INDUSTRY NEWS
Rystad Energy estimates that as much as $100 billion can be eliminated from E&P upstream budgets through automation and digitalization initiatives in the 2020s.
Visit https://www.offshore-mag.com/field-development/article/14068181/digitalization-automation-could-save-upstream-market-100-billion-rystad-energy-finds to view the full article online. Launched from Vancouver in June, System 001/B is The Ocean Cleanup’s second attempt to prove its concept of collecting garbage from the Great Pacific Garbage Patch, the largest accumulation zone of plastic in the world’s oceans.
Visit https://subseaworldnews.com/2019/10/07/the-ocean-cleanup-marks-success-in-great-pacific-garbage-patch/ to view the full article online. U.S. crude futures fell less than 0.1% to $52.59 a barrel, and Brent, the global gauge of prices, added 0.1% to $58.32 a barrel. Crude had rallied more than 2% earlier in the day but erased that advance late in the session. Oil is near a two-month low and down about 30% in the past year as investors grapple with fears of slowing demand amid weak global growth.
Visit https://www.wsj.com/articles/oil-little-changed-as-oversupply-worries-linger-11570647064 to view the full article online. New On ADCI-TV
MESSAGE FROM THE EXECUTIVE DIRECTOR
This year the ADCI will award 2 Scholarships at $4,000.00 each. Eligibility This ADCI Scholarship is open to members of the community of all ADCI voting member companies who are current and in good standing with ADCI, with the exception of officers and/or directors of the ADCI Board of Directors or their immediate families. This award is available for any institution of higher learning after high school including universities, colleges, junior colleges, vocational training schools and trade schools. Scholarship recipients will be honored at the Awards Dinner at Underwater Intervention 2020. Deadline for submittal of nominations: NOVEMBER 1, 2019 Please visit adc-int.org to download the application form. Visit https://www.naylornetwork.com/adc-nwl/articles/index-v5.asp?aid=584618&issueID=59238 to view the full article online. Recognizing and honoring individuals whose efforts and accomplishments have significantly contributed to commercial diving through a lifetime of dedication. Nominees do not have to be commercial divers, but can be any individual who has been influential and who has made a significant and recognizable life-long contribution to the commercial diving community. Inductees will be honored at the Awards Dinner at Underwater Intervention 2020. For more information, contact Phil Newsum Executive Director (281) 893-8388 or phillip.newsum@adc-int.org Deadline for submittal of nominations: NOVEMBER 1, 2019 Please visit adc-int.org to download the nominations form and to learn more about the Commercial Diving Hall of Fame. Visit https://www.naylornetwork.com/adc-nwl/articles/index-v5.asp?aid=584619&issueID=59238 to view the full article online. UPCOMING EVENTS
Don't miss this annual diving conference, Oct.18-20 in Astoria, Oregon.
Visit https://www.naylornetwork.com/adc-nwl/pdf/HDS_Conference_flyer_as_of_5-17r2.pdf to view the full article online. INTERNATIONAL NEWS
Subsea 7 has been awarded two contracts with a combined value between $50 million and $150 million by BP Exploration for the Azeri Central East (ACE) project in the Azeri-Chirag-Deepwater Gunashli (ACG) field in the Caspian Sea.
Visit https://subseaworldnews.com/2019/09/30/subsea-7-wins-azerbaijan-double-with-bp/ to view the full article online. Offshore engineering specialist James Fisher Offshore (JFO) has established bases in Saudi Arabia and Dubai.
Visit https://subseaworldnews.com/2019/09/25/jfo-strengthens-middle-east-footprint/ to view the full article online. NEW PRODUCTS AND TECHNOLOGY
British Columbia-based SEAMOR Marine is releasing an all new Handheld Control Pendant to pair with its remotely-operated vehicles (ROVs).
Visit https://subseaworldnews.com/2019/10/03/seamor-launches-handheld-control-pendant-for-rov-navigation/ to view the full article online. Blue Ocean Monitoring Ltd. has purchased a new L3Harris Technologies Iver3 autonomous underwater vehicle (AUV) to support its global survey operations. The AUV is said to be one of the smallest and lightest on the market, allowing for single-user deployment from small work vessels or directly from shore. It is capable of operating in water depths up to 200 m (656 ft).
Visit https://www.offshore-mag.com/subsea/article/14068322/blue-ocean-monitoring-expands-auv-fleet to view the full article online. Subsea storage may provide a cost-effective field development option for temporarily storing produced oil. This option is attractive in fields where discovered reserves do not justify the construction of new pipelines; and in areas where there is no existing pipeline infrastructure.
Visit https://www.offshore-mag.com/subsea/article/14040678/subsea-oil-storage-provides-alternative-development-option to view the full article online. Universal Subsea’s patent-pending Defender subsea isolation cap has been installed at the Bulleit subsea well, operated by Talos Energy in the Gulf of Mexico.
Visit https://subseaworldnews.com/2019/10/09/universal-subsea-installs-defender-on-talos-subsea-well/ to view the full article online. |