ADCI Underwater Today

July 14, 2023

Teledyne Marine Systems USA
INDUSTRY NEWS
Iran's Revolutionary Guards "forcibly seized" a commercial ship in international waters in the Gulf and the vessel was possibly involved in smuggling, a U.S. Navy spokesperson said.

Source: Reuters

Visit https://www.reuters.com/world/middle-east/irans-revolutionary-guards-seize-commercial-ship-gulf-us-navy-2023-07-06/ to view the full article online.

 
Exxon Mobil Corp. said lower natural gas prices and refining margins will reduce second-quarter earnings by about $4 billion compared with the previous three months.
Source: Bloomberg

Visit https://www.bloomberg.com/news/articles/2023-07-05/exxon-sees-4-billion-earnings-hit-from-gas-prices-refining to view the full article online.

 
Oil prices climbed as supply concerns outweighed fears that further interest rate hikes could slow economic growth and reduce demand for oil.

Source: Reuters

Visit https://www.reuters.com/business/energy/oil-prices-steady-rate-hike-fears-offset-signs-tightening-supply-2023-07-07/ to view the full article online.

 
Fisk Marine Insurance International, LLC
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SURVEY: Proposed Revisions for the ADCI International Consensus for Commercial Diving and Underwater Operations 6.5
Welcome to the Proposed Revisions for the ADCI International Consensus for Commercial Diving and Underwater Operations 6.5 Survey! This survey was created in order to hear your feedback about the latest revisions. The time frame to complete this survey will be approximately 90 days, starting May 1st and closing August 1st. We look forward to your opinions and appreciate your time!

Visit https://survey.alchemer.com/s3/7322834/Proposed-Revisions-for-ADCI-Consensus-6-5 to view the full article online.

 
MESSAGE FROM THE EXECUTIVE DIRECTOR
This episode with Subsalve founder Richard Fryburg addresses the rich history of Subsalve and the role they have played in helping the ADCI make lift bag operations safer.

Visit https://open.spotify.com/episode/6LGSj42dYVlc1YUHxSpBFR to view the full article online.

 
Saab Seaeye Ltd
INTERNATIONAL NEWS
Canada’s exports of energy products plunged 7.3% in value May largely due to lower prices but also due to lower petroleum volumes, official data showed.
Source: Rigzone.com

Visit https://www.rigzone.com/news/canada_energy_exports_down_73_percent_in_value_in_may-07-jul-2023-173278-article/ to view the full article online.

 
Equinor has secured approval from Norway’s authorities for plans for development and operation involving two production hubs in the Norwegian Sea.

Source: Offshore

Visit https://www.offshore-mag.com/field-development/article/14295705/equinor-gets-goahead-for-three-norwegian-sea-developments to view the full article online.

 
ExxonMobil has been granted environmental authorization by the Environmental Protection Agency of Guyana for a 35-well exploration and appraisal drilling campaign on Guyana’s offshore Stabroek block.

Source: Oil&Gas Journal

Visit https://www.ogj.com/exploration-development/area-drilling/article/14295924/exxonmobil-plans-35well-drilling-campaign-offshore-guyana to view the full article online.

 
Ocean Technology Systems
NEW PRODUCTS AND TECHNOLOGY
Chevron New Energies Japan GK and Mitsui Oil Exploration Co. Ltd. signed agreements to proceed with pilot testing of geothermal technology, specifically advanced closed loop technology.
Source: Oil&Gas Journal

Visit https://www.ogj.com/energy-transition/article/14295475/moeco-chevron-to-pilot-advanced-geothermal-technology-in-japan to view the full article online.

 
Denmark-based NKT has completed the first in-house temporary overvoltage (TOV) test sequence of high-voltage DC cable systems, said to represent an important technical milestone that increases the reliability of cable systems needed for the green transition.
Source: Offshore Engineer

Visit https://www.oedigital.com/news/506021-green-hydrogen-could-be-a-game-changer-if-prices-come-down to view the full article online.

 
From the Pages of Underwater Magazine
Today, in the global commercial diving community, Diving Safety Management Systems are becoming recognized as a necessary method to systematically identify hazards, place controls and reduce risk to operations. A well-organized and implemented Diving Safety Management System greatly increases the effectiveness, predictability, and safe outcome of diving programs.

Visit https://www.underwatermag-digital.com/adcs/0323_may_june_2023/MobilePagedArticle.action?articleId=1892963&app=false&cmsId=4112722#articleId1892963 to view the full article online.