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first_imgThe move follows the commissioning of the Cameron LNG project Train 1 in August 2019 Image: Computer rendering of Cameron LNG project. (Credit: Sempra Energy) McDermott International and its joint venture partner Chiyoda International have introduced feed gas to Train 2 of the $10bn Cameron LNG phase 1 project in Hackberry, Louisiana, in the US, marking its final commissioning step.The move follows the commissioning of the Train 1 of the Cameron LNG project in August 2019, following its substantial completion.McDermott North, Central and South America senior vice-president Mark Coscio said: “Congratulations to the entire Cameron LNG project team who continues to make strides on this project and remains focused on providing stellar project delivery as we reach another notable milestone.”Planned to produce around 14 million tonnes per year of liquefied natural gas, the Cameron LNG facility will be developed in two phases and is expected to be one of the largest LNG producers and exporters.Phase 1 of Cameron LNG project will include three liquefaction trainsThe phase 1 of the LNG project will include three liquefaction trains each with an estimated export capability of 12 million tonnes per annum (mtpa), and one new 160,000m³ full-containment LNG storage tank.Additionally, the facility will include refrigerant and condensate product storage tanks as well as a truck loading area.The second phase of the project includes the development of two 4.98mtpa LNG trains along with a 160,000m³ storage tank, two boil-off gas compressor units, two liquid nitrogen storage tanks, and one diesel and one condensate storage tank.The project is jointly owned by Sempra LNG and Midstream with 50.2% sake, Total with 16.6% interest, Mitsui with 16.6% stake, and Japan LNG Investment holding 16.6% interest.Japan LNG Investment is a joint venture between Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK).McDermott and Chiyoda are executing the Cameron LNG Phase 1 project under engineering, procurement and construction (EPC) contract worth around $6bn.The second and third trains of the Cameron LNG project are scheduled to come on stream by late-2019 and mid-2020, respectively.last_img read more

first_imgBy Maddy VitaleWith more than 600 real estate agents in Ocean City, you have to be really good to distinguish yourself in the crowd.Realtors Pete Madden and Nicole Presnall, both of Ocean City, do just that and on Feb. 1, they received the New Jersey Realtors 2017 Gold Level Circle of Excellence Sales Award for each selling $15 million in properties. The criteria for their achievement is that an agent must sell between $12 million and $20 million and at least 25 housing units. Other awards of bronze, silver and platinum are given to agents with the same requirements, but different monetary amounts and number of units.Madden is a broker manager and sales associate at Berkshire Hathaway HomeServices Fox & Roach, 421 Battersea Road. He oversees 50 real estate agents, including 30 full-time agents.Presnall is a broker manager and sales associate at Berkshire Hathaway HomeServices Fox & Roach Realtors, 5501 West Ave. She oversees 25 real estate agents, 15 of whom are full time, at the office she shares with her husband Jack Presnall. Madden and Presnall sat down for an interview with OCNJDAILY.com to discuss their sales awards, what makes a top agent and the current real estate market in and around Ocean City.“A sign of a great agent is you go beyond the settlement table. You help people. It’s not just about one day,” Madden said. “Every time they need someone, they should be able to call you.”Madden, 40, was raised in the Philadelphia area, and spent about five years in the corporate world at a recruiting and staffing company in Philadelphia, before becoming a real estate agent in Ocean City. He spent his summers with his family vacationing in the resort. That is where he met his wife, Ashley, born and raised in Ocean City, whom he married in 2003. The two met when they worked at Johnson’s Popcorn on the Boardwalk. They lived in Pennsylvania for a year. But Madden said he loved Ocean City so much, and he loved his wife even more, that in 2004, they made Ocean City the place they would choose to raise their family.At the same time, Madden earned his real estate license and quit his corporate job. Madden, who is also president of Ocean City’s City Council, joked that he does a lot of juggling with a job that is never really done, Council duties and four, very active children, Riley, 13, Avery, 11, Brynn, 8, and Carter, 5.  What he loves about his job is the flexibility it gives him to spend time with his family. He also loves that just as he was able to make his family’s dream of living in Ocean City come true, he can offer that chance to other families.“We sell houses to people who get to raise their families here,” Madden said. “I really like helping people do what I was able to do as a kid, come down here in the summer and enjoy my house, and then be able to move down here full time and raise my family.”Presnall, 43, and her husband know a lot about busy work schedules since they are both in the same office. They also know the advantages of raising their family in Ocean City. They have two children, Madison, 15, and Nick, 18, in the school system.Their love of the resort helps them when they are working with buyers and sellers.“A lot of our customers have become our close friends, almost like family,” Presnall said.Like Madden, Presnall has many ties to Ocean City.“I grew up here and I am very passionate about the town,” Presnall said. “I absolutely love this job. It is my passion. I like to find people their perfect house. Every day is a challenge, and every day is different.”Both Madden and Presnall predominantly sell properties in Ocean City, from commercial, to condos, to single-family homes and duplexes. But they also sell throughout Cape May and Atlantic counties.Being good to clients really has an impact on the future of any real estate agent, Presnall said.“Most of our business is repeat customers or referrals,” Presnall said. “We have gone above and beyond for our clients, so they go out of their way to tell their family and friends about us.” She said it isn’t unusual for her to get a call from a client with a second home in Ocean City who needs a favor. That favor can be anything from checking on their house to bringing in lawn furniture ahead of an impending storm.One of Presnall’s best customers has made her selling talents a family affair. Presnall sold 10 homes to one family and their friends. She was even invited to one of their daughter’s weddings. “The fact is, the customers truly become family and friends,” Presnall said.And it doesn’t end with the sale of the house.When it comes to the fixer upper, new homeowners often look to their realtors for recommendations of the best, most trustworthy, contractors to do the work, Presnall said. That is an important way that real estate agents get referrals.Nicole Presnall and Pete Madden know it takes more than selling homes to be a great real estate agent.Developing lasting relationships with clients is key to becoming a top broker, manager or agent. Having a good relationship with your colleagues is also vital, Madden and Presnall emphasized.Madden and Presnall met eight years ago, when Presnall was working for another real estate agency. “We did a deal together in 2010, and got along really well, so when I decided to join BH (Berkshire Hathaway), I knew I wanted Pete to be my manager,” Presnall explained. Presnall got her wish shortly after. She began to work for Madden, who quickly recognized her sales and leadership skills and sent her to management training, which allowed her to move up from agent to broker manager.Both Madden and Presnall agree that not only heading an office but being out in the field working with buyers and sellers, helps them connect with their team of real estate agents.“The agents see that we are doing the same thing as they are,” Presnall said, adding that it makes them more comfortable when seeking advice.The real estate market continues to improve throughout the region for both the buyer and seller as the economy gets better.It is a factor Madden and Presnall keep a close watch on.“Consumer confidence is high. We are starting to move into a low supply, with demand still high,” Madden noted. “We have about 600 homes for sale and usually we are closer to 1,000.”Something else realtors are seeing is a trend toward second-home buyers over people who rent, in part, because more and more people are working remotely.The result is it is easier to get into a dream home in Ocean City or other communities because the commute to say, Philadelphia or Trenton, is taken out of the equation, Madden explained.Realtors are also seeing properties purchased to transition from rental, to vacation home, to retirement and year-round residences. For Madden and Presnall, the opportunity to sell homes is more than a profession, it is a lifestyle, that involves flexibility, a lot of competition and many rewards. And it is also a career, they agreed, that is worth all the hard work.“I love seeing the families come down and the kids picking their bedrooms. And I love seeing the families growing up,” Presnall said. “It is the personal aspect that I love. You are selling more than a house, you are selling dreams and memories.” New Jersey Realtors 2017 Circle of Excellence Sales Awards are given to top agents. Pete Madden and Nicole Presnall, both Ocean City realtors and managers at Berkshire Hathaway HomeServices Fox & Roach offices, each won the New Jersey Realtors Circle of Excellence Sales Award for their superior skills working with buyers and sellers. last_img read more

first_imgBob Marzulli, commander of Ocean City’s American Legion Post 524, has the honor of raising the flag during the ceremony. By Phoebe PrettymanThe American flag stood tall and majestically blew in the wind during this year’s Flag Day ceremony. People gathered around the flag located at the Ocean City-Longport Bridge Flag Area on Saturday morning. The crowd included local veterans as well as others who came to show their support. The themes of freedom and pride were expressed several times throughout the program. The event was hosted by the Ocean City Gardens Civic Association to honor local veterans. Patricia Watts, president of OCGCA, opened the ceremony by expressing her gratitude for the veterans and for those who attended the event. She was followed by a beautiful rendition of the National Anthem sung by Katie Gallagher. After that, multiple speakers, including Mayor Jay Gillian, Pastor Matt Stokes, Councilman Michael DeVlieger and former U.S. Ambassador to Panama and former Congressman William J. Hughes, delivered their own remarks.Former U.S. Ambassador and Congressman William J. Hughes addresses the crowd.Mayor Gillian started with the introduction and expressed immense thanks and gratitude for the veterans and current members of the military. He also thanked former Ambassador Hughes for his public service and for attending the event.  Pastor Stokes touched on the symbolism of the flag and how it encompasses so much pride. He gave an insightful invocation and then led the crowd in prayer.  Councilman DeVlieger spoke about how the flag represents freedom on many levels. He also pointed out that the U.S. Coast Guard had a large involvement during the storming of the Normandy beaches 75 years ago during the D-Day invasion. Since Ocean City is a coastal town, there are close ties with the Coast Guard.  Hughes first expressed his thanks to the Ocean City Gardens Civic Association, the event organizer. He also thanked the other speakers, the VFW and the American Legion. He noted that this year is the 244th birthday of the U.S. Army and acknowledged those in the crowd who fought for our country under that branch. The ceremony came to an end after representatives from the VFW and the American Legion raised and then lowered the flag. The flag flies majestically in the breeze.last_img read more

first_imgHarvard University announced 18 student-led teams today as finalists in three deans’ innovation competitions focused on cultural entrepreneurship, health and life sciences, and urban design.Sponsored by the Office of the President and the Provost, the competitions drew 124 proposals from across 12 schools, each articulating a plan to tackle a pressing issue facing society. Hosted by the Harvard Innovation Lab (i-lab), the competitions, along with the President’s Challenge, give Harvard undergraduates, postdoctoral students, and clinical fellows an opportunity to create and develop solutions that have meaningful impact for people around the world.This is the second year the i-lab has hosted the deans’ challenges. The Cultural Entrepreneurship Challenge was created to bolster student activity in the nascent discipline.  It was first run last year, offering resources from the competition’s co-chairs, Dean Nitin Nohria of Harvard Business School, Dean Diana Sorensen of the Faculty of Arts and Sciences, and the Silk Road Project, a nonprofit arts organization affiliated with Harvard and led by cellist Yo-Yo Ma ’76.The Health & Life Sciences Challenge, co-chaired by Nohria and Dean Jeffrey Flier of Harvard Medical School, also held last year, was designed to support the development, validation, and execution of innovative health solutions.Their success last year spurred the addition this year of the Design Challenge, which prompts students to reimagine urban life in the future by developing ideas that address issues arising from population growth.“With urban populations expected to grow by more than 50 percent in the next 20 years, now is the time to start designing solutions to existing problems that will continue to improve quality of life over the years. Safety, food, water, waste, and transportation are among many pressing issues that we expect our students to address for the future,” explained Mohsen Mostafavi, dean of the Graduate School of Design and co-chair of the Design Challenge.“There is no better place than right here at Harvard to start developing the solutions to these problems,” added Cherry A. Murray, dean of the School of Engineering and Applied Sciences and co-chair of the Design Challenge. “Tackling big, systemic challenges requires both technical expertise and an understanding of cultural and societal contexts. I’m excited to see how our students will apply their knowledge and creativity to propose new ideas for improving the lives of urban dwellers.”For each challenge, the i-lab hosted a number of workshops and networking events to help students learn about the topics, dive deeper into understanding entrepreneurship, structure their ideas, meet like-minded students, and find potential team members.From platforms that help artists tell their stories through images and music, to urban insect farming to create an alternative source of protein, to creating medical devices that lower costs and improve patient care, the applications presented myriad solutions to societal issues.Drawing from the expertise and experience of entrepreneurs, industry experts, faculty, and investors, the judges for each contest reviewed dozens of applications to determine finalists.  The finalists are:Health and Life SciencesAldatu Biosciences is working to improve access to effective HIV patient care worldwide through innovative and affordable diagnostic tools.Disease Diagnostic Group is creating a handheld device that provides an accurate malaria diagnosis in less than 60 seconds from a finger prick at a tenth of the cost of other methods.FlowLight is a building a device that provides real-time, continuous measurement of blood flow for post-surgical monitoring for lower costs and improved patient care.Platelet BioGenesis is developing technology to produce the first donor-independent human platelets from human-induced pluripotent stem cells.Recon Therapeutics is offering a low-cost, easy-to-use, “one-stop shop” for drugs requiring reconstitution.Voxel 8 is using proprietary functional inks and 3-D printing technology to lower manufacturing costs and increase the functionality of hearing aids for the aging.Cultural EntrepreneurshipGapelia is a long-form publishing platform that lets storytellers — journalists, artists, scientists, scholars, and innovators — create their own digital publications and connect directly with paying subscribers.Iconic Energy Consulting transforms renewable energy projects into cultural icons, creating a public dialogue through art and civic engagement.PIVOT (Palestine Israel Visual Optimization Tool) is an interactive mobile application that reveals to users images, videos, and information based on a specific location in a specific time period within modern and ancient Palestinian history.SPOUTS of Water aims to create a sustainable workspace for Ugandan potters to carry on the long tradition of making pottery in Uganda, and be part of a mission to increase access to clean water by sustainably producing and supplying effective and affordable ceramic water filters.Worldi is a local discovery interface that helps urbanites explore music and dance from around the world.YapZap lets people record, share, and play up to 10 seconds of audio and create a mosaic of conversation on any topic (gallery, song, plays, television).Design: Urban Life 2030CAPA seeks to be the global leader in innovative building components and sustainable materials in the developing world.Carewrite is a mobile website that works to empower individuals to better coordinate the healthcare of loved ones.Cloudcommuting creates the first bike-sharing service that would replace trucks and employees with paid users who would redistribute bikes as needed.MateriaLEASE offers temporary ownership of building components to help young ventures create better workspaces, while protecting the environment.Shipster is a mobile platform that connects deliveries with people heading in similar directions, saving up to 60 percent on shipping costs and providing a more sustainable alternative to current delivery services.Six Foods uses urban insect farming as an alternative source of protein to soy, whey, and eventually livestock.The finalists will join the Harvard i-lab’s Venture Incubation Program for the spring semester. They will be matched with mentors and receive $5,000 to support continued refinement and development of their projects before they present their ideas at “Demo Days” in May, when the deans co-chairing each challenge will announce the winners, and award a $50,000 purse for each challenge.“The 18 finalist teams from across the three Deans’ Challenges are a reflection of the breadth of talent and ideas being developed around the University,” i-lab managing director Gordon Jones said. “As with past years, we are excited to see so many high-quality applications proposing innovative solutions to this year’s challenge areas. We are excited to work with and support this year’s finalists as they continue to build on their ideas and prepare for the ‘Demo Days.’ ”last_img read more

first_img FacebookTwitterLinkedInEmailPrint分享Joe Ryan for Bloomberg News:New York State is mounting a broad effort to reduce the cost of building a wind farm off the coast of Long Island, an ambitious push to generate clean power in U.S. waters.The state’s Energy Research and Development Authority plans to bid for a federal lease to develop a 81,000-acre (127-square-mile) site in the Atlantic Ocean. If it wins, New York would undertake initial site studies and pursue an agreement to sell the electricity. The state would then hold an auction of its own, selling development rights to the highest bidder.New York officials see offshore wind as critical for meeting the state’s goal to get half its power from renewable sources by 2030. By doing the initial planning and guaranteeing a buyer for the power, the state intends to make the project appealing to developers, driving down costs and making it more likely the wind farm will be built.“This is a resource that has to be, and will be, developed,” John B. Rhodes, president and chief executive of the New York State authority, said in an interview Friday. “It is our job to do it as surefootedly and cost efficiently as possible.”Offshore wind is among the most expensive sources of power in the world. While it has thrived in Europe, the technology has languished in the U.S. as utilities balked at the price. If New York succeeds in lining up a buyer, the state would remove much of the risk for developers, and ultimately make the power cheaper for consumers, said Willett Kempton, a professor at the University of Delaware who studies offshore wind.“This is New York telling the country that offshore wind is going to happen, ” Kempton said in an interview. “No other state has done this before.”Full article: New York Has a Plan to Make Long Island Offshore Wind Cheaper ‘This Is New York Telling the Country That Offshore Wind Is Going to Happen’last_img read more

first_imgHouston-based oil and gas company Talos Energy has made what it claims to be a world class, historic oil discovery of more than a billion barrels, offshore Mexico. The discovery was made at the Zama-1 exploration well in Block 7, operated by Talos which holds a 35% participation interest, with Premier Oil and Sierra Oil & Gas as its partners with 25% and 40% participation interests, respectively.The Zama-1 well is the first offshore exploration well drilled by the private sector in Mexico’s history.According to Premier’s statement on Wednesday, preliminary analysis indicates initial gross original oil in place estimates for the Zama-1 well are in excess of 1 billion barrels, which could extend into a neighboring block; a contiguous gross oil bearing interval of over 335 meters (1,100 feet), with up to 200 meters (650 feet) of net oil bearing reservoir in Upper Miocene sandstones with no water contact; and initial tests of hydrocarbon samples recovered to the surface contain light oil, with API gravities between 28° and 30° and some associated gas.The well spudded on May 21, 2017, utilizing the Ensco 8503, a moored floating drilling rig. Located in 166 meters (546 feet) of water and approximately 60 kilometers (37 miles) offshore Dos Bocas, it has reached an initial shallow target depth of 3,383 meters (11,100 feet). The operator is currently setting a liner to protect the discovered reservoirs, prior to drilling deeper exploratory objectives to a total vertical depth of approximately 4,200 meters (14,000 feet).Tim Duncan, Talos President and Chief Executive Officer, said: “This is both a historic and significant discovery, and we could not be more proud of the highly skilled personnel from Mexico and the US who have been working together in a safe and efficient manner to make it a reality.”Duncan also added: “We are eager to begin appraising this discovery and drilling more unique opportunities. The future is bright for offshore Mexico for years to come.”Tony Durrant, Premier Oil Chief Executive, commented: “We have encountered a very substantial oil bearing interval which indicates over 1 billion barrels of oil in place, a commercial standalone development which adds materially to Premier’s portfolio of assets worldwide. It is particularly pleasing that our strategy of focusing our exploration portfolio on high impact opportunities in proven but under-drilled basins has led to this world class discovery with our first well in Mexico.“The oil discovered in the Zama-1 well is an extremely important event for Premier, the joint venture and for Mexico and we look forward to working with the Government and our partners to realizeu the full potential of this exciting discovery.”last_img read more

first_imgHouston-based energy giant and LNG player ConocoPhillips has set a plan to average annual capital expenditures of $5.5 billion, based on a price of $50 per barrel, for the 2018-2020 period.The company further targets less than $40-per barrel average sustaining price over the period, leading to a debt reduction to $15 million in 2019.ConocoPhillips further targets improvement in financial returns driven by disciplined investments in the company’s resource base of 15 billion barrels of oil equivalent with an average cost of supply of less than $35 per barrel.Over the next three year, ConocoPhillips, expects to add around 175 mmboed of new production.The company also said that consistent with its ongoing commitment to sustainability, it has set a target to reduce greenhouse gas emissions intensity by 5 to 15 percent by 2030.Speaking of the year 2017 so far, Ryan Lance, the company’s chairman and CEO, said, “through accretive asset sales and an ongoing focus on capital and cost efficiency, we’ve lowered the capital intensity and sustaining price of the company, reduced the cost of supply of our investment portfolio, substantially strengthened our balance sheet.”He said the company is well positioned to generate free cash flow and improve financial returns.last_img read more

first_imgPolice believe the suspect was in this car at the Aurora Walmart on April 24.Police are releasing more information about a woman that schemed a cashier at the Aurora Walmart on April 24.Aurora Police Chief Josh Daugherty said the woman may be responsible for multiple offenses at other retailers in the tri-state area.Surveillance images from the Aurora Walmart reveal the woman was wearing a ball cap with a “UK” logo on the front. Police also obtained a photograph of the vehicle that she appeared to be in.The suspect is wanted for stealing $3,000 worth of merchandise and debit cards from the store.Anyone with information is urged to contact the Aurora Police Department.last_img read more

first_imgWRBI Area Girls High School Basketball Scores.Friday (11-14)Jac-Cen-Del  59     Rising Sun  24Franklin County  61     South Dearborn  33South Ripley  56     Lawrenceburg  53Greensburg  60     Franklin  55North Decatur  37     Union County  29Madison  72     Switzerland County  45Jennings County  66     Scottsburg  48Henryville TourneyCrothersville  61     Shawe Memorial  49last_img

first_imgBarcelona and Juventus have reached an agreement for a de facto swap deal between midfielders Arthur Melo and Miralem Pjanic. According to the front page of Friday’s edition of Diario Sport, Brazilian midfielder Arthur will join the Italian champions in a €70m deal with Pjanic going the other way in a €60m move. Pjanic, 30, joined the Bianconeri from Roma in the summer of 2016 and has clocked up 170 appearances in that timeframe, scoring 22 goals.Advertisement Loading…center_img Earlier this week, Diario Sport reported the Bosnian international had turned down more lucrative financial offers from Chelsea and Paris Saint-Germain to reach an agreement contractually with the Catalan club. Read Also: Jubilation as Liverpool celebrate Premier League title Arthur joined the Blaugrana in 2018 in a deal from Gremio worth an initial €31m plus a further €9m in variables and he has a contract with the club until the summer of 2024 with a €400m release clause, while transfermarkt gives him a market value of €55m. As has been widely reported, the Brazilian’s reluctance to leave the Camp Nou has been the biggest stumbling block for the exchange deal being processed. FacebookTwitterWhatsAppEmail分享 last_img read more