ADCI Underwater TodayJune 19, 2020 INDUSTRY NEWS
Oil prices have declined by 1% due to a surge in new Covid-19 cases in China and the US. This increased worries that fuel demand recovery could stall, despite easing lockdown restrictions across many states. Visit https://www.offshore-technology.com/news/oil-prices-inch-lower/ to view the full article online. Wintershall Noordzee has started gas production from the b2 well on the Sillimanite field in the North Sea, 200 km (124 mi) from Den Helder. The company, a joint venture between Wintershall Dea and Gazprom EP International, started drilling the b2 well in February, soon after the field’s producer had come onstream. Visit https://www.offshore-mag.com/production/article/14177939/gas-flowing-from-second-north-sea-sillimanite-well to view the full article online. The entire ponds cleanup program across the 10 UK Magnox reactor sites is expected to cost around £300 million.
Visit https://www.neimagazine.com/features/featurecleaning-up-magnox-ponds-7981641/ to view the full article online. New On ADCI-TV
INTERNATIONAL NEWS
CNOOC has granted Empyrean Energy a 12-month extension to the first phase of exploration on block 29/11. The first well must now be drilled by June 12, 2021, although Empyrean will look to start operations sooner, if possible. It applied for the extension due to restrictions arising from the spread of COVID-19. Visit https://www.offshore-mag.com/regional-reports/article/14177644/empyrean-energy-given-more-time-for-offshore-china-exploration-well to view the full article online. Europa Oil & Gas has conditionally agreed to acquire DNO’s 100% interest in frontier exploration license 3/19 offshore northwest Ireland.
Visit https://www.offshore-mag.com/regional-reports/article/14177646/provisional-agreement-in-place-for-irish-offshore-license-transfer to view the full article online. Despite a wealth of opportunity, areas of Latin America have different and unique risks not often understood by investors from North America and Europe. We took a look at the legalities and technicalities that oil and gas operators should be aware of when investing in Latin America.
Visit https://www.offshore-technology.com/features/hot-waters-the-legal-risks-for-investing-in-latin-american-oil-gas/ to view the full article online. NEW PRODUCTS AND TECHNOLOGY
Saitec Offshore Technologies and the open sea test site Biscay Marine Energy Platform (BiMEP) have signed a contract to install Saitec's floating wind foundation off the coast of the Bilbao area in the North of Spain as part of the project named DemoSATH.
Visit https://www.oedigital.com/news/479300-saitec-bimep-to-test-floating-wind-foundation-off-spain to view the full article online. Norwegian engineering company Aker Solutions has said it has developed a modified workover system that enables faster and more cost-effective planned interventions. The concept will first be applied on Equinor’s Visund field in the North Sea, offshore Norway.
Visit https://www.oedigital.com/news/479411-aker-solutions-develops-faster-offshore-well-workover-system to view the full article online. Error - Layout template not found. Contact NaylorNet support.
From the Pages of Underwater Magazine
The use of illicit drugs and even prescribed medication may have effects on the diver in a variety of ways. This article will cover many of the prescription medications and illicit drugs that may affect the commercial diver.
Visit https://www.underwatermag-digital.com/adcs/0320_may_june_2020/MobilePagedArticle.action?articleId=1589271#articleId1589271 to view the full article online. |