ADCI Underwater Today

Oil prices jumped more than 20% on Wednesday following a report that showed a smaller-than-expected build in U.S. inventories, as well as on the hope that economies will reopen sooner than expected.

Demand for the forgivable, low-interest loans through the Paycheck Protection Program remains intense, especially once the money started flowing again after Congress injected another $310 billion in funding.The Treasury Department said PPP loan borrowers must certify that they can't get money elsewhere. That standard applies retroactively to any organization that has received funds. 

To all KMDSI Technicians:
 
 Effective Immediately,  Dive Lab is granting Technician extensions to those who were not able to attend a re-certification class prior to the expiration date, due to COVID-19.
 The extension will cover all Technicians through September 1, 2020.
 We will not be issuing individual extensions.This letter will be used as your official extension.
 For any further questions, please contact dive lab directly at divelab@divelab.com or call us at 850-237-2715.
 

Global Marine Group has awarded Fugro a long-term contract to provide two ROVs and a full survey positioning package on its newly chartered vessel, the Normand Clipper.

 

Greensea has boosted its engineering team in its Plymouth, Massachusetts office to support its hull robotics program. Greensea has also recently teamed up with other companies such as Kraken and VideoRay to advance capabilities of marine robotics.

 

Woodside Energy has awarded TechnipFMC an integrated EPCI contract for the Lambert Deep and Greater Western Flank Phase 3 developments offshore northwest Australia.

Ørsted has revealed its plans to submit a bid in the 760 MW Holland Coast North (Hollandse Kust (Noord)) tender in the Netherlands.

Iberdrola has received bids from wind turbine suppliers and started activities to purchase electrical components for its East Anglia Hub offshore wind project.