News Article | May 5, 2017
At the 2017 Waterfront Conference on May 10, the Waterfront Alliance Previews the Region’s First-Ever Harbor Scorecard How protected are our coastal communities and our infrastructure? Are waterways meeting Clean Water Act standards? Where are opportunities for public access to the water? Turn to the Harbor Scorecard for answers and action, neighborhood by neighborhood NEW YORK, May 05, 2017 (GLOBE NEWSWIRE) -- At this year’s Waterfront Conference, titled “Measuring Our Harbor: Strong, Healthy, and Open,” the Waterfront Alliance will preview the region’s first-ever Harbor Scorecard. Comprehensive and user-friendly, the Scorecard compiles research in public access, ecology, and resiliency for a neighborhood-by-neighborhood evaluation of the waterfronts of New York City and northern New Jersey. Distilling extensive research into an easy-to-use tool, the Harbor Scorecard will be previewed at the Waterfront Alliance’s annual Waterfront Conference on Wednesday, May 10, and rolled out three weeks later in time for the start of hurricane season. The Waterfront Conference takes place aboard the Hornblower Infinity, dockside at Hudson River Park, Pier 40, in the morning, and cruising New York Harbor throughout the afternoon. Featured speakers include Rep. Nydia M. Velázquez, Member of Congress; Lauren Brand, U.S. Department of Transportation, Maritime Administration; Hon. Ras J. Baraka, Mayor, City of Newark; and Alicia Glen, Deputy Mayor for Housing and Economic Development, City of New York, along with dozens of expert panelists and workshop leaders, and hundreds of policy-makers, waterfront advocates, and professionals. Hornblower Cruises & Events is the venue sponsor. For the third year, Arcadis is the premier sponsor of the Waterfront Conference, and for the second year, the sponsor of Arcadis Waterfront Scholars, a program that invites more than 70 undergraduate and graduate students to participate in the conference and engage with professional mentors. On May 10, Arcadis Global Lead for Water Management Piet Dircke will discuss the Harbor Scorecard in a global context using the Arcadis Sustainable Cities Water Index, which assesses the water resources of 50 cities around the world. “New York City is making strides in protecting its coastline, and the Waterfront Conference is an important step in bringing together the best minds to help benchmark our harbors and waterways,” said Mr. Dircke. “Waiting until the next big storm to create safeguards against future disasters is not a sound resiliency strategy.” “As the Waterfront Alliance begins our milestone tenth year of work, we have put together the Harbor Scorecard, an essential tool to take stock of progress along our waterways,” said John Boulé, vice-chair of the Waterfront Alliance and senior vice president at Dewberry, where he is business manager for New York operations. “While we’ve got a lot to be proud of, it’s clear that we need to do better, and the Harbor Scorecard will give citizens and policy-makers alike the information they need to act.” “The Waterfront Alliance cannot solve all of New York City’s waterfront and sea level rise issues, but its Harbor Scorecard will indicate whether we are moving in the right direction, becoming more resilient while at the same time providing more and better access to the waterfront,” said Klaus Jacob of Columbia University’s Lamont-Doherty Earth Observatory. “Right now, New York City is making decisions that will affect clean water investments for the next generation,” said Larry Levine, a senior attorney at Natural Resources Defense Council. “Thanks to the Clean Water Act, our harbor is cleaner than it used to be. But far too often the water is still too polluted to touch. Sewage overflows still foul our waterways after it rains, making them unsafe for eight million New Yorkers to use recreationally. The Harbor Scorecard will provide a call to action for local, state and federal officials, shining a light on where we need to invest in our infrastructure for a cleaner, healthier future.” Learn more about the Waterfront Conference and purchase tickets ($150 regular ticket; $75 government agencies and nonprofits; $50 students). Registration and breakfast is 8am to 8:45am; the boat is dockside at Pier 40, Hudson River Park until 1pm; the afternoon harbor cruise returns at 5pm. Continuing education credits will be offered (AIA CES; with APA AICP CM, and LA CES credits pending). The Waterfront Conference is generously sponsored by: Venue Sponsor: Hornblower Cruises & Events Premier Sponsor and Waterfront Scholars: Arcadis Commander: AECOM, GCA , New York City Economic Development Corporation Supporter: Dewberry, ExxonMobil, GBX Gowanus Bay Terminal, Hudson River Foundation, Newtown Creek Group, Red Hook Container Terminal, Seastreak, Stantec, Studio V, Two Trees, United Metro Energy Champion: Entertainment Cruises, HDR, Industry City, Langan, New York Water Taxi, Park Tower Group, Queens Chamber of Commerce, Sims Metal Management/Sims Municipal Recycling, Friend: ARUP, Ecology and Environment, HATCH, Kyle Conti Construction, M.G. McLaren Engineering Group, Moffatt & Nichol, Mott MacDonald, NY Waterway, Perkins & Will, Scape Studio, Starr Whitehouse Landscape Architects and Planners, Steer Davies & Gleave, Williams, WSP/Parsons Brinckerhoff Continuing Education Partners: AIA New York, APA NY Metro Chapter, ASLA NY The Waterfront Alliance works to protect, transform, and revitalize our harbor and waterfront.
News Article | April 17, 2017
Rex International Holding Maps Out Value Creation Strategy for Norway - Technology and infrastructure-led, de-risked exploration approach taken by Lime Petroleum Norway AS - First test production in Edvard Grieg South (Rolvsnes) anticipated in 2019 - Cluster of assets around Edvard Grieg South (Rolvsnes) discovery added to portfolio Rex International Holding Ltd (SGX:5WH,REXI), a new-generation technology driven oil company, has mapped out a value creation strategy for its assets in Norway - particularly in the North Sea - built on the Group's unique technology-led, de-risked exploration approach. Development feasibility studies are being carried out on the Edvard Grieg South (Rolvsnes) ("EGS") discovery in licence PL338C made in December 2015, for which a recent Gaffney, Cline & Associates ("GCA") Qualified Persons Report (dated 10 March 2017) disclosed GCA's independent assessment of gross contingent resources attributable to the PL338C licence, on an unrisked basis, of up to 77.9 million barrels of oil (3C resources: high estimate of potentially recoverable oil from the discovery) and up to 78.7 billion standard cubic feet of natural gas (3C resources: high estimate of potentially recoverable gas from the discovery). Rex's 87.84 per cent subsidiary Lime Petroleum Norway AS ("Lime Norway") holds a 30 per cent stake in the licence. The Group expects test production from EGS to start in 2019. - Infrastructure-led strategy to fast-track value creation - Mr Mans Lidgren, CEO of Rex International Holding, said, "EGS is a prime example of our technology and infrastructure-led strategy in Norway. The EGS discovery is located near to Johan Sverdrup, one of the five largest oil fields on the Norwegian continental shelf with expected resources of between 1.9 to 3.0 billion barrels of oil, and adjacent to the producing Edvard Grieg and Ivar Aasen fields with estimated combined reserves of some 400 million barrels of oil. We have used our Rex Virtual Drilling technology to select and build a cluster of investments in this oil prolific area that already has pipeline infrastructure in place, allowing a fast-track path to potential commercialisation and return on investment (ROI) when we make more oil discoveries. To this end, Lime Norway also holds a 20 per cent interest in licence PL815, where the undrilled Goddo prospect is believed to be a geological continuation of the EGS discovery, as well as a 30 per cent stake in licence PL818 comprising the Orkja prospect located within easy tie-back distance to the Ivar Aasen field. Our aim is to prove up these adjacent fields in the mid to long term to grow our pool of resources, on top of achieving production in EGS in the short term." The EGS discovery made in December 2015 is located in water depths of about 100 metres on the prolific Utsira High, and is the second discovery in licence PL338C. The first discovery was made in exploration well 16/1-12 in 2009, which proved a 42-metre oil column in fractured granitic basement. - Rex Virtual Drilling an effective exploration de-risking tool - The EGS discovery well was the first time that the Group's Rex Virtual Drilling ("RVD") technology was applied to an unconventional weathered and fractured basement reservoir. RVD has also proven to be highly accurate in predicting dry wells. Over the past two years, Lime Norway has declined participation in more than 15 licences in Norway after RVD analyses. All the wells that were subsequently drilled in these licences came up dry, saving the Group millions of dollars in futile capital expenditure. Rex's multi-attribute version of the technology, RVD version 3 ("RVDv3"), can identify the location of oil reserves using conventional seismic data, independent of porosity and permeability estimates from conventional geological studies; hence further de-risking the exploration assets. "Risk and commercialisation are the two key factors guiding smart exploration in the region. Exploration and drilling remain hugely expensive and time-consuming, so any technology that can derisk these activities - especially in a low oil-price environment - is incredibly valuable," added Mr Mans Lidgren. - Optimisation of Lime Norway's portfolio - "Exploration in Norway continues to benefit from long-term political stability and an exploration friendly tax structure, which enables accredited pre-qualified petroleum companies such as Lime Norway to be eligible for tax rebates of 78 per cent of their upfront exploration costs," said Mr Mans Lidgren. Lime Norway secured a two-year extension of a credit facility of NOK 400 million (about US$46 million) in December 2016. Over the past months, Lime Norway has reviewed and optimised its portfolio of licences to build an enviable portfolio of exploration licences that showcases its unique approach to exploration and commercialisation. Licences failing to meet prospectivity criteria set by RVD and conventional geological evaluations have been relinquished to reduce future capital expenditure. Today, the Group holds in total interests in six offshore assets in Norwegian waters, spanning the established oil fields of the North Sea and Norwegian Sea, as well as the less-developed Barents Sea. The Group believes these holdings offer a balance between longer term development prospects and more short term assets that are close to existing pipeline infrastructure, resulting in a clear and fast route to potential commercialisation and ROI. Lime Norway is also evaluating several farm-in opportunities that are already oil producing, which would offer financial and tax benefits in addition to reducing overall business risk. Besides the three licences in the North Sea, Lime Norway holds a 20 per cent interest in licence PL841 in the Norwegian Sea, alongside operator Edison Oil (40 per cent), Statoil (20 per cent) and the Norwegian government-owned Petoro (20 per cent). The block had previously been explored in the 1990s. Current technologies, including RVDv3, indicate that a well drilled then, to be a missed discovery. RVDv3 will be used to determine whether commercialisation is now viable. The Group's other licence in the Norwegian Sea is PL762, which covers the entirety of the Vagar prospect, is also currently being evaluated using RVDv3. More than half of the estimated oil and gas resources in Norwegian waters remain to be produced. In addition to developing prospects in established areas, the Group is also active in the further afield Barents Sea South region, where Lime Norway holds a 20 per cent share of the PL850 licence, east of the producing oil field Goliat. Once again, RVDv3 offers the Group the opportunity to invest in drilling in this field only when it is satisfied that commercial returns can be potentially realised for partners and shareholders. Rex's Norway strategy is underpinned not only by its technology, but also by the experience of the specialist Lime Norway team, led by CEO Terje Hagevang. "Our vision is for Lime Norway to be an oil producing company, with oil reserves of more than 100 million barrels of oil and at least 10 concessions prospected with Rex Virtual Drilling. We are working towards these aspirations," said Mr Terje Hagevang. Source: http://rex.listedcompany.com/misc/QPR2016.pdf Source: https://www.statoil.com/en/what-we-do/johan-sverdrup.html Sources: http://bit.ly/2nU4UDC; http://bit.ly/2hnUUtW Source: http://bit.ly/2nUkLlE About Lime Petroleum Norway AS Lime Petroleum Norway AS ("Lime Norway") is a small and fast growing exploration company established in 2012 in Skoyen in Oslo. The Company was pre-qualified in February 2013 and has since built a balanced portfolio of licences in frontier and mature areas. The company uses state-of-the-art data and Rex Virtual Drilling technology, in addition to market seismic attributes, in its exploration efforts. Lime Norway's vision: - To be an oil-producing company; - To have oil reserves of more than 100 million barrels; - To have at least 10 concessions all upgraded with Rex Virtual Drilling; and - To be a listed company, subject to necessary regulatory approvals. About Rex International Holding Rex International Holding was listed on Singapore Exchange Securities Trading Limited's Catalist Board on 31 July 2013. The Company owns a key set of proprietary and innovative exploration technologies, Rex Technologies, originating from the Company's Swedish founders. These include the game-changing Rex Virtual Drilling technology, the world's first direct hydrocarbon detector using seismic data, which literally enables the Group to 'see oil in the ground' by pinpointing the location of oil reservoirs in the sub-surface. Through the exploration accuracy of Rex Technologies which are applicable to both onshore and offshore oil exploration, the oil discovery success rate is significantly increased. The Company also owns the unique Rexonic ultrasound technology which is used for well bore cleaning which allows for significantly increased oil production in wells that have issues with clogging and deposits. Rex International Holding has stakes in exploration assets in the Oman, Norway, the US and Trinidad & Tobago. These offshore and onshore concessions cover an aggregate area of over 19,000 square kilometres in regions known for previous oil and gas discoveries. Located in politically stable countries with well-developed oil and gas infrastructures, Rex International Holding has a portfolio of assets that is geographically diversified and consists of both onshore and offshore concessions. Issued by Rex International Holding Limited Tel: +65 6908 4858 / +65 8518 8945 Mok Lai Siong This press release has been prepared by the Company and its contents have been reviewed by the Company's sponsor, PrimePartners Corporate Finance Pte. Ltd. (the "Sponsor") for compliance with the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist. The Sponsor has not verified the contents of this press release. The Sponsor has also not drawn on any specific technical expertise in its review of this press release. This press release has not been examined or approved by the SGX-ST. The Sponsor and the SGX-ST assume no responsibility for the contents of this press release, including the accuracy, completeness or correctness of any of the information, statements or opinions made or reports contained in this press release. The contact person for the Sponsor is Ms Gillian Goh, Director, Head of Continuing Sponsorship, at 16 Collyer Quay, #10-00 Income at Raffles, Singapore 049318, telephone +65 6229 8088. Disclaimer This press release may contain projections and forward-looking statements that reflect the Company's current views with respect to future events and financial performance. These views are based on estimates and current assumptions which are subject to business, economic and competitive uncertainties and contingencies as well as various risks and these may change over time and in many cases are outside the control of the Company and its directors. Actual future performance, outcome and results may differ materially from those expressed in forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, availability of real estate properties, competition from other companies and venues for the sale/distribution of goods and services, shifts in customer demands, customers and partners, changes in operating expenses, including employee wages, benefits and training, governmental and public policy changes and the continued availability of financing in the amounts and the terms necessary to support future business. No assurance can be given that future events will occur, that projections will be achieved, or that the Company's assumptions are correct. The Company does not assume any responsibility to amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events, or otherwise. These statements can be recognised by the use of words such as "expects," "plans," "will," "estimates," "projects," or words of similar meaning. Such forward-looking statements are not guarantees of future performance and actual results may differ from those forecast and projected or in the forward-looking statements as a result of various factors and assumptions. Shareholders and investors are cautioned not to place undue reliance on these forward looking statements, which are based on the current view of management of future events.
Wang H.-Y.,GCA Co. |
Zhang J.-M.,GCA Co. |
Lu Y.-C.,GCA Co. |
Zeng S.-J.,GCA Co. |
And 2 more authors.
Gaoya Dianqi/High Voltage Apparatus | Year: 2011
For the cable accessories with spring pressure system, discharge is easy to happen if the interface contact stress is insufficient, and the cable insulation necking is able to appear if the interface contact stress is too large. This paper has confirmed the spring pressure required by the interface when dry type GIS terminations use silicone stress cone for 220 kV XLPE cable through electrical performance test. Reliability of the spring system designed has been verificated by cold and hot test. At last, under the combined action of spring pressure and interference fitting, the interface contact stress is calculated by ANSYS.
PubMed | GCA Corporation
Type: Journal Article | Journal: Applied optics | Year: 2010
It is shown that, if Fabry-Perot interferometers are to be used for the measurement of doppler widths of emission lines, exact knowledge of the plate reflectivity is required so that synthetic profiles may be calculated. If hyperfine structure or isotope structure is present, the data reduction may be tedious. It is shown that electronic analysis of the signal generated by a scanning interferometer will lead directly to a displayed measurement of the doppler temperature, and that the effects of hyperfine structure, isotope structure, Lorentz broadening, nonflatness of the plates and the finite size of the scanning aperture may all be compensated exactly. The performance in marginal circumstances has been calculated using the derived equations, and the system is shown to be capable of high accuracy.
PubMed | GCA Corporation
Type: Journal Article | Journal: Applied optics | Year: 2010
Some applications of vacuum uv radiation to basic research problems are discussed, with emphasis on the interaction of vacuum uv radiation with gases and solids.