Lundin Energy increases reserves estimate for Edvard Grieg field in North Sea

first_imgLundin also extended the expected plateau production period from the Greater Edvard Grieg Area by a further year to late 2023 Edvard Grieg reserves increased by 50 million barrels of oil equivalent. (Credit: Lundin Energy) Lundin Energy has increased the reserve estimate for the Edvard Grieg oil field located in production licence PL 338, in the Utsira High area of the Norwegian North Sea, by 50 million barrels of oil equivalent (MMboe).The 17% increase in the reserve estimates increases the gross 2P ultimate recovery for the field to 350MMboe.Lundin said it has also extended the expected plateau production period from the Greater Edvard Grieg Area, which also comprises the Solveig Phase 1 and Rolvsnes Extended Well Test (EWT) developments, by a further year to late 2023.Lundin Energy COO Nick Walker said: “Since Edvard Grieg first oil in 2015, the field has year on year exceeded our expectations both from a reservoir as well as an operational performance perspective.“What has been achieved at Edvard Grieg epitomises the best of Lundin Energy, through the application of subsurface expertise, cutting-edge technology and operational excellence, combined with a determined and entrepreneurial approach to operatorship.“This reserve increase and plateau extension is incredibly value accretive, as it comes with limited additional investment. I’m confident, that as we continue to explore in the Greater Edvard Grieg Area, it will grow further and drive material additional value to the partnership and Norway.”New reserves estimates represent 90% increase from the original PDOThe latest 2P reserves estimates for the Edvard Grieg oil field represent an increase of 90% from the original plan for development and operation (PDO).In addition, the gross 2P ultimate recovery for the Greater Edvard Grieg Area is now increased to 410MMboe.The increase also represents a five-year extension from the original PDO.Recently, Lundin Energy Norway awarded EPCI contract to Aker Solutions to install high-voltage electrical boilers on its Edvard Grieg platform in the North Sea.Aker will be responsible for the integration of a high-voltage electrical boiler package as part of the electrification of the platform.The gas turbines that generate heat on the platform will be replaced by electrical boilers to fully electrify the Edvard Grieg that will see a reduction of approximately 200,000 tonnes of CO2 emissions annually.last_img read more

Take the weight off your treat

first_imgThe Weight Watchers range of muffins from Anthony Alan Foods (Barnsley, South Yorkshire) have the taste and texture of regular muffins but with significantly less fat and fewer calories, says the company.“We’ve looked at popular products in the marketplace then developed our own healthier choices without sacrificing any taste,” says Mark Rooza, UK sales director. The muffin selection includes a double chocolate chip muffin, a blueberry option, and a lemon and sultana variety. Anthony Alan says the muffins are a handy snack for impulse buying during a lunch break. Available in individual packs, four-packs and mini muffin 12-packs, they will generate extra sales for bakers, it adds.last_img

Pink Talking Fish Works Prince Tributes Into Their Setlist [Watch]

first_imgLast night, Pink Talking Fish hit the famed Nectar’s venue in Burlington, VT, bringing their blend of hybrid tribute fusion with covers of Pink Floyd, Talking Heads and Phish songs. The band bent their normal cover selection by working in two tributes to the late great Prince, with versions of “1999” and “Purple Rain” both coming through in the second set.The set started with Talking Heads’ “Burning Down The House,” which segued smoothly into the funky Prince tune “1999.” Watch a snippet of “1999” below, courtesy of NYS Music:Listen to the whole “1999” cover below:From there, the band went into “Camel Walk,” before finding their way into Pink Floyd’s “Sheep.” “Sheep” had a “Life During Wartime” sandwiched in the middle, before a version of Phish’s “Mike’s Song > Weeakapaug Groove” that featured the Talking Heads’ “Houses In Motion” and Pink Floyd’s “Mother” in the middle. After a few more fun selections, the band ended the set by jamming from “Squirming Coil” into a solo piano version of “Purple Rain,” championed by keyboardist Richard James. Listen below:As bassist Eric Gould describes it, “very powerful stuff.” Check out the full setlist below:Setlist: Pink Talking Fish at Nectar’s, Burlington, VT – 4/21/16Set 1: Possum> Money> Crosseyed And Painless, Horn> Another Brick In The Wall> Psycho Killer> Another Brick In The Wall, Colonel Forbin’s Ascent> Shine On You Crazy Diamond> Fly Famous Mockingbird, Girlfriend Is BetterSet 2: Burning Down The House> 1999> Camel Walk, Sheep> Life During Wartime> Sheep> Mike’s Song> Houses In Motion> Mother, Weekapaug Groove*> Love – Building On Fire> Eclipse, Squirming Coil> Purple Rain**E: Wild Wild Life> Suzy Greenberg*w/ 1999 tease**solo piano and vocals by Richard Jameslast_img read more

Report: Gunman ambushes trooper, is shot in return fire

first_imgMIAMI (AP) — Authorities say a gunman ambushed a state trooper’s patrol car on a Florida highway and was shot when the trooper inside returned fire. Lt. Alejandro Camacho told news outlets that the trooper was not hit in Wednesday’s attack near Miami but his car was riddled with bullets. Camacho says the trooper was guarding a lane closure for a construction project when the gunman abruptly stopped his car, walked up to the patrol car and opened fire. The gunman was taken to a hospital. His condition is unknown.last_img

Countrywide to pay Vermont $100,000 to settle foreclosure claims

first_imgVermont Attorney General William H Sorrell announced today that Countrywide Financial Corporation, now a part of Bank of America, has entered into a settlement with his Office to resolve any claims that the State of Vermont may have concerning Countrywide’s origination of home loans in past years. Countrywide will pay about $100,000 to the State of Vermont for foreclosure relief, half of which will go to specific borrowers whose Countrywide loans were foreclosed upon, and the remainder for general foreclosure relief efforts. The settlement is similar to those entered into by other states, including states that alleged that Countrywide engaged in predatory lending practices.The settlement confirms Countrywide’s current commitment to offering loan modifications—reductions in interest rates, for instance—under certain circumstances to Vermonters with subprime “hybrid” adjustable rate mortgages, other subprime first mortgages, and “pay option” adjustable rate mortgages. (Hybrid loans have an interest rate that resets after a specified number of years; under pay option loans, the borrower has the choice of making one of several different kinds of monthly payments, such as a minimum payment, an interest-only payment, or a fully amortizing payment.) These types of loans have been associated with the national mortgage foreclosure crisis.Source: March 31, 2010. Vermont Attorney General.last_img read more

Colombians Already Miss Brazil

first_imgBy Dialogo July 23, 2011 The 5th Military World Games have yet to be finished, yet the Colombian athletes are already feeling nostalgia for Brazil and want to come back soon. At least that’s the opinion of the track team in the which didn’t win any medals, but garnered sympathy wherever they went. “We’re here to open borders. The country is beautiful and people are very friendly. We trained very hard to get here, but if we didin’t win any medals, at least we want to win friends. As they say in Brazil I’m dying of nostalgia,” said Lt. Sinis Tera, who represented Colombia in the 400 meters at the Joao Havelange Stadium, known as the” Engenhão. “ Tera noted that although he played sports at school as a student, it was in the army where he really developed her skills. He became two-time world champion of cadets in Ankara, Turkey. “I tried to do the same here, but the level of competition is much higher. It was a great surprise to me. I know I have to return to Colombia and train harder. The good thing is that I got a lot of experience and great memories,” he said. Meanwhile, Corporal Jorge Luis Moreno, who competed in the triple jump, says he’ll miss the good food, the beautiful scenery and the staging of the Games. “I really didn’t expect much. Everything was well organized and it shows that Brazil is not where they are just by chance. It also shows that military forces don’t exist just for war but for peace and sports as well,” Moreno said. For Moreno, the nostalgia will be replaced by memories of a country that, according to his point of view, is very much like Colombia in the kindness of people. “I do not think anyone who has participated in these games can forget them, and I hope that other Latin American countries, especially Colombia, follow the example of Brazil and celebrate the World Military Games,” Moreno said.last_img read more

Peruvian Army Creates the 6th Special Forces Brigade

first_img Taking into account these considerations, the flexibility inherent in special forces units, the geographic complexity of the Puno region, and the need for support in order to effectively combat illicit drug trafficking, the EP high command decided to organize the 6th Special Forces Brigade “Pachacutec,” headquartered in Puno. By Dialogo March 16, 2012 This 6th Special Forces Brigade is made up of the following units: Command and General Staff; the 6th Command and Services Battalion “SO1 EP Edgar García Villena”; the 613th Special Forces Battalion “Capitán EP Ilich Montesinos Quiroz”; the 623rd Special Forces Battalion “Teniente EP Gerardo Iturraran García”; the 613th Commando Battalion “Capitán EP Jenner Vidarte Campos”; the 623rd Commando Battalion “Capitán EP Magno Pérez Sánchez”; and the 6th Special Forces Squadron “Sargento EP Rolando Bendezu Rebata.”center_img The Peruvian Army (EP) has at its disposal a modern force, in constant evolution, with the capabilities considered necessary to deter, and if necessary, neutralize any internal or external threat, according to the fifth institutional objective of the Institutional Strategic Plan of the Civil Affairs Directorate (DIRAC), known as the “Bolognesi Plan.” last_img read more

Cars, a cocktail and a celebrity: South Koreans succumb to Tesla fever

first_imgKang bought a Tesla Model 3 in December, ditching the Hyundai crossover he bought only last summer. Being associated with Tesla’s reputation for innovation was good for his image, he said.The US electric car maker had its best month for South Korea in June, selling 2,827 vehicles and bouncing back from weak sales in April and May which were hit by US production disruptions due to the coronavirus. The Model 3 is now the country’s No.2 imported vehicle, ahead of the BMW 5 series and the Audi A6, and just behind the Mercedes E-Class.By contrast, Hyundai Motor Co, the dominant automaker in South Korea, saw sales of its Kona EV slump 31 percent in June to 2,513 vehicles.Another 4,000 to 5,000 South Korean customers have the Model 3 on order, although most of them may have to wait until at least September for delivery, said a source familiar with the matter. The source was not authorised to speak to the media and declined to be identified. Tesla’s rising popularity among affluent professionals in South Korea, who have been relatively unscathed by the pandemic, is one of many feathers in its cap.Highlighting the threat it poses to established brands, Tesla last week surpassed Toyota Motor Corp as the world’s most valuable automaker while its second-quarter deliveries smashed expectations at a time when sales at rivals have been laid low by the pandemic.South Korea’s generous subsidies of 12.43 million won (US$10,380) for the Model 3 have definitely helped sales, bringing the car’s price down to less than $40,000, but the Silicon Valley automaker has also generated a genuine buzz.In social media posts, South Korean Tesla fans avidly track the routes of ships bringing its cars to Asia, while at the country’s bars, the latest trendy cocktail is a mix of HiteJinro’s Terra-brand beer and the Korean traditional liquor ‘soju’. Smashed together, their names are pronounced “Tesla” in Korean.The automaker has additionally benefited from free advertising after popular Korean actor Yoo Ah-in, known for his sense of style, drove his Tesla Model X SUV to go grocery shopping on a reality show aired last month. That has led to a spike in orders for the vehicle, a second person familiar with the matter said without elaborating.Some new Korean owners noted they bought a Tesla for practical reasons.Kim Dong-hwan, who works in IT in Seoul, wanted to avoid public transportation during the pandemic and driving fatigue on his long commute.Not everything is perfect – his Model 3 has a panel gap and he has to wait several months before it will be fixed – but Kim says the benefits and emotional appeal of a technologically advanced brand were worth it.“I am very satisfied given that Tesla’s self-driving feature has reduced fatigue while driving,” he said.Topics : From an eponymous cocktail to eager buyers following the shipping routes of long-awaited cars, Tesla Inc is having a moment in South Korea, particularly among tech-savvy professionals.Kang Sung-mo, who runs an advertising production agency in Seoul, is a convert.“I am not interested in cars, but I am interested in the Tesla brand and its technology,” the 39-year-old told Reuters.last_img read more

Seacat Services Orders Chartwell 24 Catamaran

first_imgOffshore energy support vessel operator, Seacat Services, has signed a multi-million-pound contract to build a catamaran for deployment in the offshore wind sector.Seacat Weatherly, designed by Southampton-based naval architect Chartwell Marine, will be constructed by Isle of Wight firms Diverse Marine and Aluminium Marine Consultants (AMC) in Cowes.Scheduled for completion in March 2020, Seacat Weatherly is set to be the first Chartwell 24 catamaran to enter service. The vessel can accommodate 24 industrial personnel, alongside four crew.“Despite ongoing uncertainty in Westminster and Brussels, the offshore wind sector has repeatedly demonstrated its capacity to get on with the job in hand – and, frankly, faced with rising demand for high quality vessel support, this was an order that couldn’t wait,” Ian Baylis, Managing Director, Seacat Services said.“The Chartwell 24 is the vessel the market has been calling for. It not only responds directly to our needs as a vessel operator, but also ticks all the boxes for our offshore wind farm customers. Seacat Weatherly will help us collectively set new benchmarks for safety, availability and performance.”The contract includes an option for a further vessel, which would see Seacat Weatherly joined by a sister vessel in the Seacat Services fleet.Andy Page, Managing Director, Chartwell Marine, said: “The Chartwell 24 is a vessel design that has been developed by the industry for the industry, with involvement throughout the offshore wind supply chain. It’s therefore fitting that the team building Seacat Weatherly brings together some of the most experienced and talented individuals in the UK maritime sector.”last_img read more

David Seymour introduces End of Life Choice Bill

first_img3News 14 October 2015A Bill legalising assisted dying will be introduced into the Member’s ballot by ACT leader David Seymour today.Mr Seymour says the End of Life Choice Bill is a response to the growing call for euthanasia which has gained prominence since the high-profile case of lawyer Lecretia Seales who spent her dying moments fighting for the right.It also coincides with a petition with 8975 signatures which will be presented to the Health select committee this morning.But Family First believes the Bill is premature and should wait until the inquiry he supported was completed.“Rather than a flawed euthanasia Bill which will contain the same pitfalls as Maryan Street’s earlier proposed Bill, it makes absolute sense to debate euthanasia within the wider context of the premature ending of one’s life,” national director Bob McCoskrie says.“Voluntary euthanasia has the allure of being an enlightened and compassionate response to the plight of the suffering, but its practical operation is fraught with risks and there are slippery slopes that are indeed very slippery.”A person eligible for assisted dying would:Be aged 18 or over;Suffer from a terminal illness likely to end their life within six months or have a grievous and irremediable medical condition;Be in an advanced state of irreversible decline in capability;Experience intolerable suffering;Be able to understand the nature and consequences of assisted dying.The legal process:Two medical practitioners need to be satisfied that the person meets the criteria;The person will also have to be assessed by a mental health specialist;A Support and Consultation for End of Life New Zealand Group (SCENZ) will be set up – it will maintain a list of doctors, specialists and pharmacists willing to participate in assisted dying;Medical practitioners who conscientiously object to assisted dying must refer people to SCENZ.http://www.3news.co.nz/nznews/david-seymour-introduces-end-of-life-choice-bill-2015101409#axzz3oTzKN7Lglast_img read more