Maersk Drilling awarded three-well contract offshore Trinidad by BP

first_img Maersk Drilling awarded three-well contract offshore Trinidad by BP. Image credit: MAERSK DRILLING. Maersk Drilling has secured a three-well contract for the semi-submersible rig Maersk Discoverer with BP for development drilling at the Matapal project offshore Trinidad and Tobago. The contract has an estimated duration of 322 days and is expected to commence in July 2020. The value of the firm contract is approximately USD 78m, including a mobilisation fee. The contract contains an additional one-well option.“It is obviously exciting for us to see Maersk Discoverer go to Trinidad for BP, for whom the rig has performed successful operations offshore Egypt for the last six years, including the shallowest water well ever drilled in dynamic positioning mode for both BP and Maersk Drilling which delivered significant cost savings to the customer. We are very pleased that BP is recognising Maersk Discoverer’s qualities by re-signing the rig for this new campaign,” says COO Morten Kelstrup of Maersk Drilling.The Maersk Discoverer is a DSS-21 column-stabilised dynamically positioned semi-submersible drilling rig, able to operate in water depths up to 10,000 ft. It is currently operating offshore Egypt. Source: Company Press Release The contract has an estimated duration of 322 days and is expected to commence in July 2020last_img read more

Sri Lanka Navy Arrests 15 Persons with Sea Cucumbers

first_img View post tag: Navy View post tag: Sri November 12, 2012 View post tag: Cucumbers View post tag: News by topic Sri Lanka Navy Arrests 15 Persons with Sea Cucumbers View post tag: sea View post tag: Persons View post tag: 15center_img Share this article Back to overview,Home naval-today Sri Lanka Navy Arrests 15 Persons with Sea Cucumbers View post tag: Lanka Naval troops attached to SLNS Welusumana of the Northern Naval Command on information received arrested 15 persons with 1536 sea cucumbers along with 3 trawlers in the Gurunagar area on 08th November 2012.The arrested persons and the items were handed over to Jaffna Fisheries Department for legal action.[mappress]Naval Today Staff, November 12, 2012; Image: Sri Lanka Navy View post tag: with View post tag: Arrests View post tag: Navallast_img read more

New race for poetry post begins

first_imgSpeculation is mounting as to who will next fill the Oxford Professor of Poetry post in the wake of Ruth Padel’s resignation.The University has announced it will renew its search later this year. Padel resigned after only nine days in the position, following the revelation that she forwarded negative information about her opponent, the Noble Laureate Derek Walcott, to journalists.Walcott has stated that he will not stand again. Meanwhile runner-up Arvind Mehrotra has sought to distance himself from controversy, claiming he needed time to consider whether he would accept another nomination. Others, such as Australian ex-pat Clive James, have shown no reservation in vying for the Professorship. “It’s the only job I want,” James told the Guardian recently. The three hundred year old position of Oxford Professor of Poetry has historically been occupied by figures such as Matthew Arnold and WH Auden. While the names of more traditional choices such as Simon Armitage, JH Prynne, and Oxford don Jon Stallworthy have been mentioned, some see the scandal as an opportunity to expand the search beyond the customary candidate pool which has been largely white, male, and British.Various commentators, including novelist Jeanette Winterson and poet Jackie Kay, have expressed sadness that the tenure of the first woman to hold the position ended in disgrace. Women mentioned as suitable to take Padel’s place include Alice Oswald, who studied classics at New College, Oxford, and now works as a gardener in Devon. Oswald is noted for her lyrical, romantic nature poems.Others have suggested that a non-English poet fill the post. Seamus Heaney, who held the Oxford Professorship from 1989 to 1984, has proposed Hans Magnus Enzensberger, widely regarded as Germany’s most eminent living poet and cultural commentator. Winner of the Pasolini and Nuremberg Cultural Prize, Enzensberger has explored civil unrest and middle class existence in his work.Other potential foreign candidates include American Jorie Graham, who is the first woman to hold the Boylston Professorship of Rhetoric and Oratory at Harvard, a position previously held by Heaney. Graham has been heralded as one of the leading poets in America for her metaphysical introspections.The immensely popular Australian poet Les Murray has also been named as a possibility. Considered by many to be one of the world’s leading English-language poets, Murray’s work focuses on Australian identity. In his prolific output he has frequently championed the traditions and culture of indigenous Australians and rural life. While the Padel scandal has rekindled debates over aesthetics and morality, the search for a new candidate invites discussion about whether nationality and gender should play a role in the nomination process.Eloise Stonborough, secretary of the Oxford Poetry Society, applauds the idea of a diverse candidate pool. Ultimately, however, she feels candidates should be judged based on merit alone. “Inviting people as women or foreigners is missing the point.”last_img read more

Press release: NHS Test and Trace processes more tests and contacts more positive cases

first_img a total of 1,997,623 tests were processed (pillars 1 and 2), a 9% increase from the previous week 133,195 (84.9%) people who tested positive and were transferred to the contact-tracing system were reached and asked to provide information about their contacts, compared with 121,407 (85.6% ) the previous week 77.9% (189,885) contacts where communication details were given were reached and told to self-isolate, compared with 190,835 (78.4%) the previous week 69.1% of in-person test results were received the next day after the test was taken, compared with 70.8% the previous week 38% of in-person test results were received within 24 hours after the test was taken, compared with 37.5% the previous week 91.3% of satellite (care home) tests were received within 3 days after the day they were taken, compared with 93.9% the previous week Our first defence against this virus is washing our hands, wearing face coverings and following governmental guidelines on social distancing. Alongside this, NHS Test and Trace is a valuable tool to stop transmission and drive down the R rate. This week we have seen more tests processed and more positive cases contacted than ever before, which means we are finding the virus where it hides and reducing its spread. As the number of people using NHS Test and Trace continues to increase, so the service is constantly evolving and improving. This week sees the introduction of changes to the contact-tracing programme to reduce calls to the same family household, which should reduce duplicate calls, as well as the introduction of Sunday collections of tests from priority boxes by the Royal Mail, which should improve home test turnaround times. Meanwhile, our commitment to increasing capacity continues, with our announcement this week of 2 new ‘megalabs’ that will see testing capacity grow by 600,000 a day by next year, while generating local employment. I’m grateful to everyone, including our partners in local government, who are working tirelessly every day to make sure the service continues to evolve and improve. During the week of 5 to 11 November, 1,997,623 tests were processed for pillars 1 and 2, an increase of 9% (158,444) compared with the previous week.A record number of positive cases (156,853) were transferred to contact tracers between 5 and 11 November, an 11% increase on the previous week. Of those, 84.9% were reached and told to self-isolate, 11,788 more than the previous week.In total during the week of 5 to 11 November, NHS Test and Trace successfully reached 323,080 people and asked them to self-isolate. These people might otherwise have unknowingly spread the virus.People are also being reached more quickly, with 72.8% of positive cases being reached within 24 hours, up slightly from 72.5% in the previous week.313,771 people were identified as coming into close contact with someone who had tested positive. Of these, where communication details were available, 77.9% were reached and asked to self-isolate.NHS Test and Trace has been boosted by the introduction of local tracing partnerships with over 150 local authorities. This means local authorities are provided with extensive data and supported to manage local outbreaks, working closely with ring-fenced group of NHS contact tracers to follow up positive cases in the area and implement public health measures. A further 100 of these partnerships are in the process of being implemented in the next few weeks.Acting on feedback the service has received from families, changes to the contact-tracing process, coming in this week, should see a reduction in the number of calls received by households with children. These changes mean that under-18s in a household will not each have to be contact traced individually, as long as the parent or guardian in the household confirms they have completed their legal duty to inform their child to self-isolate. If no parental permission is provided, NHS Test and Trace will follow the standard contact-tracing routes.From the end of November, changes will be extended to cover adults in the same family so they can be traced via a single phone call, further reducing the number of calls made to the same household. This change will also optimise the productivity of the tracing service by minimising the number of calls made.Since its launch in May, 82.8% (764,897) of people who have tested positive and been transferred to contact tracing have successfully been contacted. More than 2.3 million people have been reached by the service, including those who tested positive and their contacts.Nearly 680 test sites are now in operation across England, including more than 300 local walk-through testing sites, meaning the average distance to a test centre has halved since the beginning of September to a median distance of 2.6 miles.Nearly 35 million tests have now been processed in the UK since the service began, while increases in capacity – now at more than 500,000 a day – should lead to improvements in test turnaround times. The announcement this week of 2 new ‘megalabs’ confirmed that capacity will increase by a further 600,000 in early 2021, meaning faster turnaround times for test results.For in-person test routes, the median time taken to receive a test result remained at 25 to 29 hours.For this reporting period, 69.1% of in-person test results were received the next day after the test was taken, slightly lower than the 70.8% reported in the previous week.For all routes combined, this week’s figure was 41.7%, compared with 40.9% the previous week. 85.8% of pillar 1 test results were made available within 24 hours, compared with 87.9% the previous week.Royal Mail announced this week that they will begin Sunday collections from 15,000 priority boxes from this weekend, which is expected to have a positive impact on turnaround times for home testing kits.The weekly statistics from the 24th week of NHS Test and Trace show in the most recent week of operations (5 to 11 November): Health Minister Lord Bethell said:center_img Since NHS Test and Trace launched, over 2.3 million contacts have been identified, and 79.9% of all contacts where communication details were given have been reached and told to self-isolate.Figures also show that, as of 11 November, the NHS COVID-19 app has been downloaded more than 19.8 million times.Interim Executive Chair of the National Institute for Health Protection Baroness Dido Harding said: Through a massive concerted effort by everyone involved in NHS Test and Trace, we have now processed more than 35 million tests, rolled out nearly 680 test centres (meaning the average distance to travel to one is now 2.6 miles), boosted testing capacity to more than 500,000 a day, and seen more than 2.3 million people successfully contacted by our contact tracers. This is a great achievement, in which all involved should feel rightly proud. Our efforts do not end there, however. The mass testing pilot currently underway in Liverpool, the rapid testing being made available to directors of public health, and the latest mass testing pilot, launching this week in Methyr in Wales, are proof of our ongoing commitment to expanding and improving the NHS Test and Trace programme.last_img read more

Full Show Video: Phish Performs ‘Proud Mary’ A Cappella, Busts Out ‘Carolina’ In 2003

first_imgSetlist: Phish at Greensboro Coliseum, Greensboro, NC – 3/1/03Set 1: Chalk Dust Torture, The Moma Dance, Foam, Lawn Boy, Character Zero > Divided Sky, Mountains in the Mist, Waves > Sample in a JarSet 2: Rock and Roll > Wilson > Piper > Also Sprach Zarathustra > Wolfman’s Brother -> Boogie On Reggae Woman, Wading in the Velvet Sea > Run Like an Antelope, CarolinaEncore: First Tube > You Enjoy Myself -> Proud Mary[1][1] a cappella.Teases:· Oye Como Va and Another One Bites the Dust teases in Piper· Oye Como Va and Daniel Saw the Stone teases in You Enjoy Myself· San-Ho-Zay tease in Chalk Dust Torture After reuniting for New Year’s of 2002, Phish kept the magic alive during a potent winter tour of 2003. While 2/26 and 2/28 are often looked upon as the top shows from the run, the band kept things in top form for the next performance in Greensboro, NC. The Greensboro Coliseum was shaken to the foundation, as Phish opened with “Chalk Dust Torture” and never looked back.Some highlights of many include a “Piper” with “Oye Como Va” and “Another One Bites The Dust” teases, a bust-out of the traditional “Carolina” for the appropriate setting (interestingly, the song hasn’t been played since), and a fun encore that included a “First Tube > You Enjoy Myself,” and featured a vocal jam that transitioned into an a cappella rendering of CCR hit “Proud Mary.”Thanks to BurningShoreProphet2, we have full video of the show. Enjoy!last_img read more

Union pushes for inspector general in Puerto Rico utility bankruptcy case

first_img FacebookTwitterLinkedInEmailPrint分享Bond Buyer ($):A Puerto Rico Electric Power Authority union has offered the appointment of an inspector general to the PREPA bankruptcy judge as an alternative to a bond insurer proposal for a receiver.The union, Unión de Trabajadores de la Industria Eléctrica y Riego, filed the suggestion in the PREPA bankruptcy Friday morning. In the same document UTIER objected to National Public Finance Guarantee Corp., Assured Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora Guarantee Inc.’s motion for relief from the bankruptcy’s automatic stay, which is a necessary step on the way to appointing a receiver.The appointment of an independent private sector inspector general, as UTIER requested, would be a good idea, said Gustavo Vélez, chairman of Puerto Rico consulting firm Inteligencía Económica. However, Vélez said that appointing a receiver for PREPA would be even better. Puerto Rico’s governor has too much influence on the authority and there is too much corruption in it, Vélez said. While the insurers have asked to be allowed to name the receiver, he said that decision should be made by Judge Laura Taylor Swain.Under UTIER’s suggestion, the inspector general would monitor, audit, and investigate the authority’s activities. It would cover personnel practices and hiring regulations, procurements, fiscal and accounting issues, capital and energy planning, and regulatory oversight. It would report its results to the Puerto Rico Oversight Board, Puerto Rico’s governor, the court, the United States Attorney’s Office for Puerto Rico, and other entities. Reports would be ongoing.Tom Sanzillo, PREPA analyst and director of finance at the Institute for Energy Economics and Financial Analysis, helped to write the union’s motion. He told The Bond Buyer, “I have seen many plans for PREPA, most well intended. What they all miss is this: no bondholder will be paid, no debt agreement honored, no contract fairly negotiated, no employee treated decently, no legal agreement binding, no law complied with, no budget initiative credible, no commitment to 100% renewable energy kept, and no privatization scheme successful so long as PREPA is driven by a culture of political expediency. This move by UTIER offers an opportunity to bring professional utility standards into the day-to-day operation of PREPA.”More ($): PREPA union suggests inspector general as alternative to receiver Union pushes for inspector general in Puerto Rico utility bankruptcy caselast_img read more

CUNA’s Bill Hampel shares how epic credit union auto lending brings in 40% new members

first_imgIt’s no secret that credit union lending has been nothing short of epic lately. And there’s no end in sight — even if interest rates have been inched up a bit. But to add icing on this already tasty cake, auto loans as of late have brought in reportedly 30-40% new credit union members. That’s gotta feel good going into this holiday season and closing out 2015.To get the details, we invited CUNA’s Chief Economist and Chief Policy Officer Bill Hampel to share with us how this double shot of good news has occurred, why these numbers are so significant, and how long it will last with lofty expectations looming in 2016.A mighty fine way to end the year with this type of news after mired in the thick mud of the recession and its aftermath. Enjoy and keep up the good work in 2016! continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Is your credit union ready for the AI revolution?

first_img 3SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Bill Prichard Bill Prichard is Senior Manager, Public Relations and Corporate Communications, for CO-OP Financial Services (www.co-opfs.org), Rancho Cucamonga, Calif., a financial technology provider to credit unions. Prichard can be … Web: www.co-opfs.org Details We stand on the brink of a revolution, one in which artificial intelligence (AI) and machine learning will drive innovation and reshape the way we interact, conduct business and build technology. In fact, according to research by Accenture, roughly 72 percent of today’s industry leaders recognize AI as a “business advantage” that increases efficiency and reduces costs. By 2035, AI is expected to increase labor productivity by up to 40 percent and generate more than 50 percent of the world’s economic output.Already, AI and machine learning are having a dramatic impact on the consumer experience. Think about how computerized assistants like Siri and Alexa have changed the way we interact with technology or how the machine learning algorithms of Facebook and Netflix have revolutionized the way companies store and utilize user data. Even across the banking industry, providers are deploying chatbots for automating online support, and leveraging deep machine learning to gather insights about their users. As the AI revolution expands, how do credit unions capitalize on this trend and avoid falling behind evolving consumer demands and the competition? The World Economic Forum identified nine different ways in which AI will disrupt traditional banking in the near-future, leaving credit unions with little time to deliberate. This will require new strategies, technology and partners in order to meet those incoming changes. Thankfully, credit unions are sitting on a trove of valuable data about their members that can be used to deploy AI and machine learning solutions in fascinating ways. Coupled with a member-centric strategy, AI and machine learning can unlock growth opportunities like never before.CO-OP will be hosting a one hour webinar on Thursday, August 30 at 10:00am PT  exploring ways that credit unions can accelerate growth through AI and machine learning. CO-OP SVP of Fraud Products and Data Scientist Fotis Konstantinidis along with Tim Sloane of Mercator Advisory Group will breakdown what AI and machine learning are and how to activate them at your credit union.Learn More and Register for this Webinarlast_img read more

Does your branch support millennials?

first_imgMillennials use branches 50% more than Baby Boomers. Do your branches support them? One of the biggest questions in retail banking is “What will happen to branches as demographics shift to younger generations and technology becomes more ubiquitous?” Study after study shows retail banking on the decline as technology steadily pulls banking services out of the branch, leaving members with fewer reasons to visit their credit union in person.  When polled by BAI, only 17% of millennials preferred banking in a branch compared to 27% of Baby Boomers. The numbers drop even further with Gen Z who, unlike most Millennials, grew up with mobile banking. But hidden behind these statistics is a trend that will help you turn your branch network into a differentiator and attract younger members to your credit union: the services that people want in a branch are fundamentally evolving. I’ve got a surprising statistic for you. According to the Financial Brand, Millennials use branches 50% more than Gen Xers and Baby Boomers. Think about what’s being automated by digital services: routine transactions, check deposits, EFTs, etc. These are cost centers, services that don’t drive value for your credit union, and both Gen Xers and Baby Boomers are moving to digital platforms for these services as well. So why are Millennials visiting branches more often than older members? They, and Gen Z, are more likely to be facing major financial milestones in their lives, such as taking out or refinancing student loans, buying a first car, or applying for a mortgage. Even Millennials, who are more comfortable with all-digital banks, strongly prefer to take out loans in person. It’s true that mortgages and other loans are being offered digitally, but these types of financial milestones in a person’s life come with a great deal of uncertainty and anxiety. There are so many questions to ask and researching online quickly results in information overload. But a recent study of credit unions by Harvard Business School found that staff in a branch are able to instantly cut through consumer anxiety with a conversation, and that members are 16% more likely to finish the process of taking out a loan when they have access to in-person services. Surprisingly, this also applies to digital-only members. Though they don’t actually take advantage of in-person services, their availability brings peace of mind. There is no question that retail banking is going through a transitional period. Many financial industry commentators see overall transaction volumes dropping as a sign that the branch is fundamentally changing, but the higher value transactions that take place in the branch are still going strong. To capture and retain Millennial and Gen Z members, credit unions need to adapt to these changes by moving away from traditional bank branch environments to developing conversational spaces that can support these interactions more comfortably and efficiently. 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jay Speidell Jay Speidell is the Marketing Manager at Momentum, a strategic design-build partner that takes a people centric approach to helping credit unions across the nation thrive. Web: www.momentumbuilds.com Detailslast_img read more

Get in synch to win the three-legged credit union marketing race

first_img This post is currently collecting data… ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Commerce, business, the stock market and free trade were all built on our ability to sell things to each other.This is why the credit union marketing function is so incredibly important. Marketing teams work hard to drive leads to your credit union. Day after day, they convince people that your credit union is a better solution than another financial institution available to them.Every point-of-contact with your customer is a channel of communication. The conventional ads on television and radio, newspapers and magazines, direct mail and billboards are all just different channels of communication. Same for digital channels, such as email and live chat, social media and content marketing. External messaging is where the conversation begins. External messaging should trigger a visit to your website or social media.When you consider that, let’s not leave out word of mouth, reviews, and face-to-face interactions with your front line. Your website is also part of your front line where questions are answered, and more information can be gathered by the consumer. But this doesn’t happen until your potential member first hears about you and is intrigued enough to seek you out by finding you via one other communication channels. All of these, for better or worse, comprise your credit union’s brand.center_img This is placeholder text continue reading »last_img read more