ADCI Underwater Today

July 31, 2023

Teledyne Marine Systems USA
INDUSTRY NEWS
Goldman Sachs forecasts “all-time high” demand in oil markets leading to a “sizeable deficit.”

Source: CNBC

Visit https://www.cnbc.com/2023/07/24/goldman-sachs-expects-all-time-high-oil-demand-will-boost-prices.html 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.

 
The average monthly spot natural gas price at the US benchmark Henry Hub fell 34%, or $1.12/MMbtu, to $2.18/MMbtu between January and June, the US Energy Information Administration said, citing data from Refinitiv Eikon.

Source: Oil & Gas Journal

Visit https://www.ogj.com/general-interest/economics-markets/article/14296785/eia-natural-gas-prices-fall-amid-record-production-mild-temperatures 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
Three oil tankers will meet up shortly in the Arctic waters of the Kara Sea, signaling that the navigation season along Russia’s Northern Sea Route is open for business.
Source: Rigzone.com

Visit https://www.rigzone.com/news/wire/russian_shipping_oil_to_china_via_arctic-25-jul-2023-173427-article/ to view the full article online.

 
The French Navy has taken delivery of the LSS Jacques Chevallier, the first of a new class of supply ships meant to replace the service’s aging fleet tankers.

Source: Defense News

Visit https://www.defensenews.com/global/europe/2023/07/19/french-navy-receives-first-new-supply-ship-under-program-with-italy/ to view the full article online.

 
The Neart na Gaoithe (NnG) offshore wind farm project reached its latest milestone last week with the installation of its first wind turbine at sea.

Source: Offshore

Visit https://www.offshore-mag.com/renewable-energy/article/14296784/first-wind-turbine-installed-at-neart-na-gaoithe-offshore-wind-farm to view the full article online.

 
Ocean Technology Systems
NEW PRODUCTS AND TECHNOLOGY
To get underwater repair and salvage missions done faster and safer, the Navy is testing a new deep-water suit reminiscent of Iron Man.
Source: Defense News

Visit https://www.defensenews.com/video/2023/07/24/navy-tests-new-iron-man-deep-sea-dive-suit/ to view the full article online.

 
Owners ordering new ships have the advantage of being able to incorporate a broad range of new green technology from delivery.
Source: Marine Log

Visit https://flickread.com/edition/html/64adcc9126996#20 to view the full article online.

 
From the Pages of Underwater Magazine
Santa Barbara, California, is home to HDS Deepwater Diving Monument commemorating super stars in commercial gas diving. The Superlite® diver statuettes are available now and are selling quickly. For purchasing information, go to www.deepwaterdivingmonument.com. Payment plans are also available there.

Visit https://www.underwatermag-digital.com/adcs/0323_may_june_2023/MobilePagedArticle.action?articleId=1892967&app=false&cmsId=4112722#articleId1892967 to view the full article online.