ADCI Underwater Today

June 28, 2022

Fisk Marine Insurance International, LLC
INDUSTRY NEWS
Oil rose $2 a barrel on Monday on the prospect of even tighter supplies loomed over the market as the Group of Seven nations promised to tighten the squeeze on Russian President Vladimir Putin's war chest while actually lowering energy prices.

Visit https://www.reuters.com/business/energy/oil-slides-more-than-1-g7-debate-iran-nuclear-deal-russia-2022-06-27/ to view the full article online.

 
A length of road near the Gordie Howe International Bridge jobsite reopened on June 23 following an 18-day closure after a 100-foot-long section of the street collapsed inward during construction of the $4.5 billion bridge connecting Detroit and Windsor, Ontario. 

Visit https://www.constructiondive.com/news/road-collapse-near-45b-gordie-howe-bridge-project-detroit/626216/ to view the full article online.

 
Teledyne Marine Systems USA
Growing demand and tightening environmental regulations make for a mixed outlook for the oil and gas industry.

Visit https://www.constructiondive.com/news/proposed-under-construction-abandoned-6-key-us-pipeline-projects/625756/ to view the full article online.

 
In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the US Coast Guard. Though the malware attack never controlled the vessel’s movement, authorities concluded that weak defenses exposed critical functions to “significant vulnerabilities.”

Visit https://ajot.com/news/cyber-pirates-prowling-ship-controls-threaten-another-big-shock to view the full article online.

 
Dive Commercial International, Inc.
Saab Seaeye Ltd
INTERNATIONAL NEWS
Oil and gas exploration company Eco (Atlantic) Oil & Gas has inked a deal to acquire additional interest in a block located offshore South Africa, south of recent discoveries made by oil majors Shell and TotalEnergies off Namibia.

Visit https://www.offshore-energy.biz/eco-seals-deal-to-increase-stake-in-block-off-south-africa/ to view the full article online.

 
Neptune Energy, ExxonMobil subsidiary XTO Netherlands, Rosewood Exploration and EBN Capital B.V. signed a cooperation agreement to progress the L10 large-scale offshore carbon capture and storage project in the Dutch North Sea.

Visit https://www.oedigital.com/news/497449-deal-signed-to-progress-carbon-capture-and-storage-in-the-dutch-north-sea to view the full article online.

 
Petrobras has approved BW Energy’s offer to acquire the producing Golfinho and Camarupim clusters in the post-salt Espírito Santo Basin offshore Brazil.

Visit https://www.offshore-mag.com/field-development/article/14278685/petrobras-accepts-bw-bid-for-brazil-field-clusters to view the full article online.

 
NEW PRODUCTS AND TECHNOLOGY
To accelerate maritime decarbonisation, the two parties will explore the use of zero and low-carbon marine fuels such as e-methanol, e-methane and biofuels for commercial shipping. Research on technologies such as carbon capture solutions is another objective of the MOU.

Visit https://ajot.com/news/cma-cgm-group-and-mpa-collaborate-to-advance-future-of-maritime to view the full article online.

 
Less than three years after the initial exploratory discovery well was drilled, LLOG Exploration, a U.S. oil and gas operator, has kicked off the first production from a deepwater two-well subsea development, located in the U.S. Gulf of Mexico.

Visit https://www.offshore-energy.biz/u-s-operator-flows-first-oil-from-deepwater-development-in-gulf-of-mexico/ to view the full article online.

 
From the Pages of Underwater Magazine
H2 Green, a Getech business, has signed a deal with Shoreham Port to develop a renewable energy hub that will remove emissions from its fleet of trucks and HGVs and be a catalyst for the wider region’s transport decarbonization.

Visit https://www.underwatermagazine.com/2022/03/danger-underwater/ to view the full article online.