Global oil demand won’t return to pre-pandemic levels until 2023, and growth will be subdued thereafter amid new working habits and a shift away from fossil fuels, the International Energy Agency said.
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Under the PPP Extension Act, small businesses will have two additional months to submit an application for a PPP loan, and the Small Business Administration (SBA) will have until June 30 to close pending applications.
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The Centers for Disease Control and Prevention has updated its checklist for construction employers during the COVID-19 pandemic, and has asked contractors to consider the mental health and well-being of their workers.
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Do you have company news or a project you’d like to highlight in UNDERWATER? Please send a detailed project description and images to Rachel Brown at rachelb@naylor.com. CONTENT WISHLIST:
· Products: Send us your product information and an accompanying image
· Water Log: Tell us your stories, who/what inspires you or reminisce about that life changing dive
· Sustainability/Renewable Projects
· ROV Case Studies
· Inland and Offshore Project Case Studies
· White Papers
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ADCI is proud to announce the 2021 Hall of Fame Inductee is Mike Brown, who will be honored posthumously.
The 2021 Scholarship Award recipients are Devon Crosby (sponsored by Oceaneering International) and Maxwell Streeter (sponsored by Northwestern Michigan College).
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Guyana is set for a record year when it comes to the number of offshore wells expected to be drilled in 2021, Rystad Energy said in a report Friday.
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UK offshore activity fell sharply last year, according to the Oil and Gas UK (OGUK) 2021 Business Outlook, with overall expenditure down by more than one-quarter compared with 2019.
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Energy facilities in Libya that were shut or damaged during its civil war were reopened last year, and the OPEC member has managed to keep its production above 1 million barrels a day since November.
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Green Minerals, a subsea minerals mining company recently created by Seabird Exploration, a Norway-based provider of seismic survey services wanting to diversify its business suffering from oil price cycles, on Tuesday said it expects to have its marine minerals production system ready in 2026.
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Norwegian maritime tech and equipment company Kongsberg Maritime (KM) will deliver a large technology package for Triumph Subsea Services' field development vessel (FDV).
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The ADCI has carried on with full operations despite COVID-19. Our committees and Board of Director meetings have been held virtually, and we continue our progress with the ADCI Audit Initiative, which was suspended in March due to COVID-19.
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