ADCI Underwater Today

March 10, 2023

INDUSTRY NEWS
Oil spills along the Keystone pipeline that runs from Canada to Texas have become more frequent and severe, prompting stricter regulations for a 1,200-mile stretch of the pipeline, a federal agency said.

Source: ABCNews

Visit https://abcnews.go.com/Business/keystone-pipeline-faces-new-rules-after-major-oil/story?id=97738267 to view the full article online.

 
Crude markets shed early gains that were driven by an initial sense the cooling job market would open a path for the Federal Reserve to take a less forceful approach to interest rate hikes.
Source: Yahoo Finance

Visit https://finance.yahoo.com/news/oil-holds-losses-hawkish-fed-235330321.html to view the full article online.

 
The number of construction job openings in January plummeted by 240,000, a result dubbed “simply shocking,” by Associated Builders and Contractors’ Chief Economist Anirban Basu.
Source: Construction Dive

Visit https://www.constructiondive.com/news/nearly-half-constructions-job-openings-vanish-report/644511/ to view the full article online.

 
MESSAGE FROM THE EXECUTIVE DIRECTOR
Real information and insight into the oil and gas industry related to the Gulf of Mexico. We speak with Pat Jeffries and William Bratkowski, two industry leaders, who give up to date news and advice. An episode that is good for any company, diver, or tender working in the GOM.

Visit https://podcasts.apple.com/us/podcast/the-downline/id1646179572?i=1000583481630 to view the full article online.

 
INTERNATIONAL NEWS
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has delivered the giant 24, 116 TEU containership MSC Tessa to its owner Mediterranean Shipping Company (MSC).
Source: Offshore Energy

Visit https://www.offshore-energy.biz/worlds-largest-colossal-msc-tessa-delivered-to-msc/ to view the full article online.

 
Around one-fifth of emissions from UK North Sea oil and gas production is related to flaring, the NSTA added. While some flaring is unavoidable for safety and operational reasons, the NSTA continues to press for more action to reduce gas waste.
Source: Offshore

Visit https://www.offshore-mag.com/regional-reports/north-sea-europe/article/14290843/uk-offshore-flaring-continues-tracking-downward to view the full article online.

 
All Gulf Cooperation Council countries plan to expand the multinational fleet of unmanned surface vessels in the Middle East, possibly tripling their situational awareness in countering drug and arms trafficking, according to a top U.S. Navy commander in the region.
Source: Defense News

Visit https://www.defensenews.com/global/europe/2022/12/01/uk-navy-to-take-drone-teaming-operations-underwater-with-new-submarine/ to view the full article online.

 
The discovery well BZ26-6-2 was drilled and completed at a depth of 4,480 me, which encountered a total of 321.3 meters oil pay zones. The well was tested to produce an average of approximately 2,040 barrels of crude oil and 11.45 million cubic feet of natural gas per day.
Source: World Oil

Visit www.worldoil.com to view the full article online.

 
Ocean Technology Systems
NEW PRODUCTS AND TECHNOLOGY
 The 12,000 metric tons of biofuel component will be blended between 20% and 30%, resulting in approximately 50,000 metric tons of blended biofuel to be used in MSC’s container ships.
Source: Offshore Energy

Visit https://www.offshore-energy.biz/msc-inks-biofuel-deal-with-db-schenker-to-reduce-supply-chain-emissions/ to view the full article online.

 
The subsea kite turbine is a unique concept created by developer Minesto to generate electricity in tidal streams and ocean currents using the principle of flying a stunt kite in the wind. In support of multiple kite installations, Faroes-based SJH Commercial Diving will deploy their Seaeye Falcon underwater robot for inspecting power-cable runs along the seabed to the shore and inspecting and cleaning foundation points. 
Source: Marine Technology News

Visit https://www.marinetechnologynews.com/news/belgian-firms-unveil-harsh-626527 to view the full article online.

 
From the Pages of Underwater Magazine
In December 2021, ADCI issued an official advisory notice regarding a “bargain brand” TYT torch. The torch was produced in Turkey and reproduced designs owned by Broco, Inc. and Rankin Industries – without permission or proper validation.

Visit https://www.underwatermagazine.com/2022/10/pirating-out-of-the-water/ to view the full article online.