ADCI Underwater TodayAugust 25, 2023 INDUSTRY NEWS
Blue ammonia, an attractive fuel for the maritime industry, is expected to become available in significant quantities by 2027, with the potential for significant scale-up in production over subsequent years, according to a recent report by Maersk Mc-Kinney Moller Center for Zero Carbon Shipping. Source: Offshore Energy
Visit https://www.offshore-energy.biz/blue-ammonia-to-be-abundantly-available-for-maritime-industry-by-2027-says-maersk-mc-kinney-moller-center/ to view the full article online. The gradual rise in crude oil prices as inventory tightens has paused over the past week as traders’ focus has returned to the macro environment, analysts at Standard Chartered noted in a new report sent to Rigzone. Source: Rigzone Visit https://www.rigzone.com/news/gradual_oil_price_rise_pauses-24-aug-2023-173769-article/ to view the full article online. A 245-acre site at the Port of Victoria, Texas, could become a major green hydrogen and green ammonia production center. Source: MarineLog
Visit https://www.marinelog.com/inland-coastal/texas-port-could-be-home-to-green-hydrogen-and-ammonia-plant/ to view the full article online. Error - Layout template not found. Contact NaylorNet support.
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. INTERNATIONAL NEWS
Israel said it will boost natural gas production from its offshore Tamar field and increase exports to Egypt, which is contending with rising demand and falling output.
Source: Reuters Visit https://www.reuters.com/business/energy/israel-expands-gas-exports-egypt-energy-minister-says-2023-08-23/ to view the full article online. The latest development in a series of moves made by the UK to reach its net-zero aspirations entails the green light for all onshore and offshore elements of – what is deemed to be – its largest green electricity transmission reinforcement project. Source: Offshore Energy
Visit https://www.offshore-energy.biz/all-development-consents-in-place-for-uks-giant-renewable-electricity-superhighway/ to view the full article online. Indian Oil Corp. Ltd. (IOC) let a contract to McDermott International to provide a suite of services for further expansions of olefins and polymers production at the operator’s Panipat refining and chemical complex in Haryana, India.
Source: Oil & Gas Journal Visit https://www.ogj.com/refining-processing/petrochemicals/article/14297128/indian-oil-lets-contract-for-new-petrochemical-expansion-projects-at-panipat-refinery to view the full article online. NEW PRODUCTS AND TECHNOLOGY
Morgan Stanley Investment Management, through its Morgan Stanley Infrastructure Partners, and Crowley have created a new joint venture to advance offshore wind solutions for the United States. It will strategically combine Crowley’s end-to-end maritime and logistics capabilities, through the newly created Crowley Wind Services Holdings LLC, with the financial strength and expertise of MSIP, a leader in accelerating long-term, contracted growth infrastructure opportunities.
Source: MarineLog Visit https://www.marinelog.com/offshore/offshore-wind/crowley-in-new-offshore-wind-jv-with-morgan-stanley/ to view the full article online. Norwegian energy firm Equinor and its partners inaugurated the world's largest floating offshore wind farm, whose output will supply nearby oil and gas platforms and cut their greenhouse gas emissions.
Source: Reuters Visit https://www.reuters.com/business/energy/equinor-inaugurates-worlds-largest-floating-wind-power-farm-norway-2023-08-23/ to view the full article online. From the Pages of Underwater Magazine
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