ADCI Underwater Today

October 14, 2022

Fisk Marine Insurance International, LLC
INDUSTRY NEWS
Florida DOT has announced the names of the companies awarded contracts to make emergency fixes to the Sanibel Causeway, which was damaged late last month during Hurricane Ian.

Visit https://www.constructiondive.com/news/floridas-sanibel-causeway-reopen-hurricane-ian-october/633556/ to view the full article online.

 
Oil prices fell about 2% this week, extending the previous session's almost 2% decline, as recession fears and a flare-up in COVID-19 cases in China raised concerns over global demand.

Visit https://www.reuters.com/business/energy/oil-prices-slide-dollar-strengthens-china-covid-19-woes-dampen-demand-2022-10-11/ to view the full article online.

 
Russia hailed OPEC+ for its "thoughtful" decision to slash oil production targets, per media reports. The move will balance the "mayhem" created by the US in energy markets, a Kremlin spokesman said.

Visit https://finance.yahoo.com/news/russia-applauds-opec-huge-oil-123802549.html to view the full article online.

 
Teledyne Marine Systems USA
Dive Commercial International, Inc.
MESSAGE FROM THE EXECUTIVE DIRECTOR
Episode 1 of the new ADCI podcast, THE DOWNLINE, is now available on Apple Music and Spotify. Follow @the_adc and listen.

Visit https://www.naylornetwork.com/adc-nwl/articles/index-v5.asp?aid=751102&issueID=82325 to view the full article online.

 
Saab Seaeye Ltd
INTERNATIONAL NEWS
More than 300 offshore drilling and contract maintenance workers employed by Archer, Maersk, Transocean and Odfjell on the UK Continental Shelf have backed strike action, according to Unite the Union, after rejecting a 5% pay offer.

Visit https://www.offshore-mag.com/drilling-completion/article/14283793/unite-members-back-uk-offshore-strike-action to view the full article online.

 
SCOTUS heard arguments over whether the determination of Clean Water Act jurisdiction should be revised—a case that could have consequences for determining whether an oil and gas project falls inside the reach of federal water regulators.

Visit https://www.ogj.com/general-interest/government/article/14283691/supreme-court-considers-jurisdiction-of-clean-water-act to view the full article online.

 
EnerCam Resources Corp., a subsidiary of Angkor Resources Corp. Co. Ltd., received final licensing for exploration, development, and production on Block VIII onshore on the southwest corner of Cambodia.

Visit https://www.ogj.com/exploration-development/article/14284037/enercam-to-develop-onshore-cambodia to view the full article online.

 
NEW PRODUCTS AND TECHNOLOGY
Long recognized as a pillar of US energy production, deepwater Gulf of Mexico could help provide the resources the world needs during the energy transition, according to a recent McKinsey & Co. report.

Visit https://www.offshore-mag.com/regional-reports/us-gulf-of-mexico/article/14283354/how-the-gulf-of-mexico-can-further-the-energy-transition to view the full article online.

 
Danish clean energy start-up Exowave has deployed the scale model of its wave energy technology at the Blue Accelerator test platform, located just off the Port of Ostend in Belgium.

Visit https://www.offshore-energy.biz/exowave-starts-testing-wave-energy-prototype-offshore-belgium/ to view the full article online.

 
Lower latency, higher fiber pairs and zero attenuation are the technology dreams of the industry.

Visit https://subtelforum.com/stf-mag-feature-how-rovs-are-utilizing-imaging-and-automation-technologies-to-innovate-offshore-inspections/ to view the full article online.

 
From the Pages of Underwater Magazine
Jesse Lang and George Diaz, experienced military technicians and trainers, began offering remotely operated vehicle (ROV) training at a commercial diving school in South Carolina in 2016. But when the school (the International Diving Institute) closed last year, the partners decided to start their own ROV training program as part of their business, Palmetto Subsea Inspections (PSI). The company is now located on a pier along the Cooper River in Charleston, South Carolina, which was the original site of the International Diving Institute.

Visit https://www.underwatermagazine.com/2022/07/profile-on-palmetto-subsea-inspection-llc/ to view the full article online.