Energy, Petroleum, Oil & Gas Industry Post Pandemic Impact July2020 GineersNow by GineersNow

J U LY

2020

NEWS

Unit Corporation Oil & Gas Files Bankruptcy

Shell Catalysts & Technologies and Wood announce an Exclusive Agreement

Axalta Completes Acquisition of UAEBased Capital Paints

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EDITOR‘S NOTE

few months have passed since the initial coronavirus outbreak spread across the world and caused the countries to implement extreme albeit completely valid rulesets such as community quarantines, nationwide lockdowns, mass testing operations, and medical frontline endeavors, among other methods to buttress the coronavirus’ spread. Many industries as well are reeling from the adverse effects of the virus, doing everything in their power to remain working in a slowly collapsing economy. One such industry that faced multiple consequences thanks to COVID-19 is the oil and gas industry. After the months that have passed, one question still remains: is this postcoronavirus season a new age of reckoning or opportunity? Since the oil and gas industry is currently experiencing its third price collapse in 12 years, it has been steadily on the decline. Left unchecked and unaccounted for, there will be no sure sign of a turnaround any time soon. This collapse is unlike the industry’s first two disruptions, where they managed to bound back, some might even say better than before. The current context combines a supply shock with an unparalleled demand drop and a global crisis. In addition, the sector’s 4

After Covid-19: Oil and Gas Industry financial and structural health has worsened. To combat this decline, the oil and gas industry are looking to different companies for inspiration. A handful of companies whose business models or asset bases are already distinctive can thrive in the new normal, such as MIttal Steel Company and Nucor Corporation, to name a few. They built a model around acquiring assets with structural advantage and then cut costs and improved operations and combined industry-leading operational capabilities with a first-mover status in electricarc furnace technology, respectively. Following these business

models of success will indubitably create an oil and gas industry of the future in both talent and structure––one that is ready to face the new normal.

* For any inquiries, please contact Mr. Rohan Suares Address: LG Electronics Gulf, P.O Box 61445, Dubai, U.A.E, Tel. # +971 52 710 0999, Email: rohan.suares@lge.com

CON TENTS

8 This AGV UV Robot Can Kill the Coronavirus in Hospitals, Airports, Train Stations, Shopping Malls and Commercial Offices in Seconds!

12 Disaster Preparedness: Must Have Items in Your Home or Establishments

22 After COVID-19: Oil & Gas Industry

42 Unit Corporation Oil & Gas Files Bankruptcy

46 Shell Catalysts & Technologies and Wood announce an Exclusive Agreement for Shell Smart Choke Technology

50 Axalta Completes Acquisition of UAE-Based Capital Paints 6

The First Country To Send Covid-19 Test Results by WhatsApp & FB Messenger

Manlift key in 14 Day Covid19 Lab Construction in UAE

62 How COVID-19 Is Changing College Admissions Cycle in 2020

66 EWEC and ACWA Power Sign the Water Purchase Agreement for the Worldâ&#x20AC;&#x2122;s Largest Reverse Osmosis Desalination Facility

Advanced Stadium Cooling: Innovative Technology Coming to the Qatar World Cup

Jumbo Electronics launches series of Green Initiatives

78 Intertek Ensures Business Continuity of Vendor Inspection Services in the Oil and Gas Sector with Innovative Remote Inspection Solution

This AGV UV Robot Can Kill the Coronavirus in Hospitals, Airports, Train Stations, Shopping Malls and Commercial Offices in Seconds!

s everyone around the globe adjusts to the COVID-19 pandemic, medical professionals, frontliners, and healthcare workers are doing everything in their power to help others and keep themselves protected from the virus at the same time. This is a mountain of a challenge, seeing as the virus has skyrocketed to about 7 million worldwide cases. The coronavirus outbreak has resulted in an emphasized use for mobile robotics and telemedicine practices i.e. technologies to successfully monitor, disinfect, surveille, handle, and deliver materials while still socially and physically distancing. However, while these types of technology do exist, they are separate gadgets. In other words, there still is no â&#x20AC;&#x153;one stop solutionâ&#x20AC;? or master-technology that boasts having multiple capabilities. Enter the TOR-i, a Tele-Operated Mobile Robot with 6 operation modes packed into 1 super-machine. It is highly effective for operations in high infection risk situations to give aid to doctors, health workers, and 8

other forms of medical practitioners at the forefront of the battle against COVID-19. They are able to help in delivering food and drugs to those who need it, checking up patients and reading vital signs, and perhaps most importantly, disinfecting entire hospitals and public/ private locations. Created by INFINITIGROUP and globally released by NuPON Technology, 2 distinct technology organizations fueled by their similar desires of building localized

hardware and software solutions to ease the overall way of life through futuristic technology, this tele-operated robot is akin to a swiss army knife in terms of combating the coronavirus.

The robot’s ingenious features are: 1. Tele-medicine: By using a monitor, a 360 View camera, and speakers, the robot is able to support health workers by communicating with and controlling patients in isolation zones. 2. Security: It is able to surveille isolation zones and high-risk areas by taking advantage of its 3-axis 360 FOV gimbal camera, which can also work in the dark of the night. 3. Food and Drug Delivery: TOR-i uses a rack rear-attachment for Delivery Mode and can assist health workers deliver food and medication to patients in isolated rooms. 4. UV-C Disinfectant: Modularized rearattachments with in-house designed UVC Light accessory for UVC Mode effectively disinfects surfaces and objects. 5. Vitals Measurement: The teleoperated robot also safeguards health personnel from direct contact by taking temperature measurements via its thermal sensors with face recognition technology. 6. Disinfectant: Finally, its disinfectant spray rear-attachment allows for safe and efficient aerial disinfection, ensuring a coronavirus-free atmosphere. Because of all these features, it is highly recommended and even ideal for the UV Robot to be utilized in highly populated areas with loads of foot-traffic, such as hospitals, airports, public stations like trains and bus stations and other commuter-heavy zones, malls and stores, production areas, offices and other workspaces, and even homes. Being in the presence of this robot will eradicate any lingering sliver of the coronavirus in the air in mere seconds. The government should install these robots in places of public service as well, such as

city halls, convention centers, and government offices, so the country’s leaders are able to fight the virus with certainty that they themselves are safe from that which they are fighting. It is no surprise that viruses, like all lifeforms, have the ability to adapt to their environment. Their biological makeup is changing at an unprecedented rate to ensure that they infect as many people as possible. Only by adapting can humanity defeat an ever-adapting virus. While regularly washing their hands with soap and water for at least 20 seconds will never cease to fail in killing the virus, newer, more advanced technologies specifically invented to destroy viral organisms is necessary to truly one up the virus itself. Truly, this robot is a quicker, more effective way of doing just that. It is said that change is the only permanent thing in the world. Thanks to this pandemic, never has that statement been more on point. As we enter the “new normal” i.e. an age past what could arguably be the biggest medical crisis of the decade, our ways of combating harmful viruses and protecting our lives from harmful organisms must change, lest we as the human race disappear from the face of the earth. If you are interested to purchase this AGV UV Robot, please contact:

NuPON TECHNOLOGY PHILS CORP

technical_sales01@nuponcorp.net cs_bds@nuponcorp.net Globe: +63-917-859-3194 / +63967 650 0803 Sun: +63-932-862-8725 9

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F E AT U R E S T O RY

Disaster Preparedness: Must Have Items in Your Home or Establishments

It is no surprise that the Philippines is a hot getaway for many individuals living abroad. From the archipelagoâ&#x20AC;&#x2122;s rich, cultural diversity and history, to its ever-optimistic people who smile at the face of misfortune, to its natural wonders like crystalline seas and powdery beach shores that could destress any visitor, the Philippines truly is a homey destination. However, much like any other country, the Philippines is not without its fair share of afflictions.

rainy season, which is speedily on its way. For the majority of Filipinos, the rainy season can result in near countless problems.

Situated in the western Pacific Ocean, the Philippines is subject to countless tropical cyclones, typhoons, and thunderstorms. Unlike Western countries with 4 seasons, the Philippines only has 2: the dry sunny season and the torrential

Having said that, here is a list of essential products to help defend any home or establishment from typhoons, storms, and any forthcoming natural disaster.

The main problem copious downpours can cause is arguably property damage, which threatens an individualâ&#x20AC;&#x2122;s safety. While resilience can be found within the heart of almost every Filipino, actual structural resilience is unfortunately uncommon in multiple places.

1. Navigator Generator Power disruptions, unstable power, and the dreaded brownouts/blackouts are perhaps one of the most common and infuriating problems during typhoons. Now, with people relying more on power thanks to the nationwide quarantine, power disruptions are especially annoying to deal with. The navigator generator creates extremely high-quality electricity ideal for powering various pieces of equipment and provides backup power for homes, quarantine facilities, hospitals, businesses, etc. One type is the Ultra Silent Standby generator which can power-up any devices, equipment easily up to 26 KVA, best option to have quietest generator possible for many applications

2. Professional Industrial Ridgid Wet and Dry Vacuum Should mud and grime enter the floor or in the car, the Ridgid Wet and Dry Vacuums can easily take the problem away by sucking the unwanted road debris in minutes. Designed and engineered for best-in-class power, performance, and durability, these vacuums are reliable buddies for the toughest clean-up jobs From muddled house up to big establishment, Speed up the process of making places dirt free space as Ridgid is available in 4 galloon ,6 galloon, 12 galloon and 16 galloon to meet your job requirement.

3. Pelican RALS Pelican RALS (remote area lighting systems) are the best light-giving solutions even in the midst of the greatest of natural crises. By providing increased performance, safer working conditions, emergency preparedness and greater flexibility, the PElican RALS are the modern alternative to generator-based lighting. They are also very well-suited to be the complete lighting solutions for first responders, industrial, and aerospace applications. Pelican also have hard cases that built to protect for phones, gadgets and valuable equipment with the following features: crushproof, watertight, dustproof and guaranteed for life

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4. KL and Ling Adhesive Tapes Now, a storm cannot give people a notification when it will arrive. That being said, for any quick repair tasks requiring adhesive tapes, one cannot go wrong with KL and Ling Tapes. These are heavily regarded as being qualified to deliver a strong, permanent bond every time it is used. KL and Ling Tapes do not discriminate between jobsâ&#x20AC;&#x201C;â&#x20AC;&#x201C;they can be used for longterm, permanent, and exterior repairs, reinforcement/ bundling, and much, much more.

5. Westinghouse Water Filtration System Heavy rains and a rusty water pipeline will more often than not result in dirty water in the kitchen faucet, which is a major health risk. To guarantee that tap water is free of deadly microbes and safe enough to drink, the Westinghouse Water Filtration System is the answer. This system removes up to 99% of contaminants dusts, particles, rusts, chlorine, and pesticides as well other organic contaminants that create offensive odors and unpleasant tastes.

6. Leo Pump Submersible Pumps For factories and commercial facilities with a lot of water drainage, these submersible pumps are the right tool for the job. These are high-quality drainage systems used in municipal sewage treatment plants. With their high-efficiency motors, best rust-proof treatment method, and advanced hydraulic design, the Leo Pump Submersible Pump is truly a magic wand in the hands of any homeowner.

7. Stanley Hand Trucks and Platform Carts Some storms have enough strength to destroy buildings outright, forcing people to evacuate and avoid the danger of flood. In this worst case scenario, the versatile utility of Stanley Folding Basket can load up many different items from personal things up to goods essentials to bring relief in disaster operations. To efficiently carry materials in tough situations it is ideal to use Stanley Folding Hand Truck and Stanley Platform Truck for fast, convenient, and secure transport.

8. Bostik Super Vulcaseal and Powermix Waterproofing

Where to Buy? Co Ban Kiat Hardware Inc. for nearly 100 years is the trusted distributor of home improvement and hardware items in the Philippines Letâ&#x20AC;&#x2122;s shop wisely. #StayAtHome and order online at your convenience. Visit us in the following sites and enjoy deals, discounts, and more!

This is the most popular brand of elastomeric sealant in the Philippines. It can fix any crack and gap in roofing, plumbing and pipes, gutters, downspouts, sinks and P-traps, and much more, for big storms. It is a ready mix, easy-to-apply mix with great weather resistance to repair leaking roofs. With superior water impermeability and compatibility to most concrete substrates.

9. Westinghouse Rechargeable Fan

Website: https://www.cbkhardware. com/ Facebook: https://www.facebook.com/ cbkhardware/ Instagram: http://www.instagram.com/ cbkhardware Join our Fast Growing Viber Community http://%20https//bit. ly/3ebeCXU Co Ban Kiat Hardware Inc. is the largest authorized distributor of the best industrial hardware solution brands in the Philippines. To shop online, visit https://www.cbkhardware.com/

Co Ban Kiat Hardware, Inc.

Ground Floor, Cobankiat Building II, 231 Juan Luna St. Binondo Manila, Philippines. Phone +632 8243-1931 Phone +632 8243-5263 Phone +632 8894-6561 Email info@cobankiat.com.ph ; ind@cobankiat.com.ph

This multifunctional Westinghouse Rechargeable Fan fan that comes with built-in battery, light and radio is a great companion when there is a power shutdown and is the best purchase option if you are looking for portable and durable fans. It can run without a direct power supply and can be used in multiple purposes.

Coby's Designer Center

Unit 467 level 4 Shangri-La Plaza Edsa Corner Shaw Boulevard Mandaluyong City, Philippines Phone +632 86364895

About CBK Hardware For almost a hundred years, a family’s surname has become synonymous to the country’s biggest hardware supply company. Co Ban Kiat Hardware Incorporated, of the Cobankiat family has a regular client network of more than 1,500 industrial organizations; 1,600 traditional community hardware stores, and 584 home building specialty chain of stores across Luzon, Visayas and Mindanao. This ever-growing conglomerate traces its humble roots to Manila Chinatown, as a pioneer enterprise started by family’s patriarch, Mr. Cobankiat in 1920. Despite the ruins of World War II, the business goes back to its feet in 1948, rebuilding a storefront from the very same spot where it was known for three decades. This ever-growing conglomerate traces its humble roots to Manila Chinatown, as a pioneer enterprise started by family’s patriarch, Mr. Cobankiat in 1920. Despite the ruins of World War II, the business goes back to its feet in 1948, rebuilding a storefront from the very same spot where it was known for three decades.

While the Filipinos continue to rebuild their lives post war, CBK Hardware sees the opportunity to introduce the retail concept once unheard for in hardware industry. The Hardware Workshop Store is the fruit if this endeavor. CBK Hardware further cemented its legendary distribution channel with the creation of Coby’ Design Center in Edsa Shangi La in 1996, a specialty store that caters to discriminating taste of modern Filipinos. In 1997, Mr. Johnny Cobankiat, the 4th generation Cobankiat leader, set another milestone for the company when he brings a franchise of Ace Hardware USA to the Philippines, and signs up CBK Hardware as one of its major suppliers. This further expanded into delivering quality world class products nearer to families of Filipino overseas workers in the countryside. A century’s excellence can quickly pass, and guided by the vision to be the largest network supplier of the biggest global brands in the hardware industry, CBK Hardware resolve to source the best products to supply its customers anytime and every time.

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S T O R Y

The oil and gas industry is currently experiencing its third price collapse in 12 years. After the first two disruptions, the industry managed to bound back, some might even say better than before. However, this time is different. The current context combines a supply shock with an unparalleled demand drop and a global crisis. In addition, the sectorâ&#x20AC;&#x2122;s financial and structural health has never been worse. Shale and excessive supply, among others have all contributed to poor returns. Now, with prices at an all time low executives sense that change is inevitable. The COVID-19 crisis accelerates what was already shaping up to be one of the industryâ&#x20AC;&#x2122;s most transformative moments. While the actual depth and duration of this crisis are unbeknownst to us, research suggests that without fundamental change, it will be difficult to return to the prior days of the coronavirus, when an attractive industry performance for the industry has historically prevailed. Due to COVID-19, there have been challenges that require the utmost attention. The combination of the pandemic demand disruption and the supply glut has generated an industry crisis.

There have been short-term scenarios for supply, demand, and prices. Under the best-case of these, oil prices could recover in 1-2 years. Price differences in this period are also likely to be seen as both challenges and opportunities. Demand for refined products has plunged by at least 20 percent and research suggests that it will be at least two years before demand recovers. There are also long-term challenges for the industry. It is expected that growth in demand for hydrocarbons, specifically oil, will peak in the 2030s before declining once more. Juxtaposed to that, the upstream cost curve will likely stay flat. Needless to say, geopolitical risks will continue to be a major factor in affecting supply and demand. The resilient albeit battered shale oil and gas subsector will persist to provide supply that can be rapidly brought onstream. Today, governments are laser-focused on managing the COVID-19 pandemic and mitigating the effects on economies, which is deflecting attention away from the energy transition, which is a persisting challenge in

Today, governments are laserfocused on managing the COVID-19 pandemic and mitigating the effects on economies, which is deflecting attention away from the energy transition, which is a persisting challenge in and of itself. Innovations that have cut costs for wind, solar, and batteries will continue and the decarbonization will remain a paramount objective for the industry. 31

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and of itself. Innovations that have cut costs for wind, solar, and batteries will continue and the decarbonization will remain a paramount objective for the industry. So, how does the oil and gas industry win in the â&#x20AC;&#x153;new normalâ&#x20AC;?? A handful of companies whose business models or asset bases are already distinctive can thrive in the new normal. But for most companies, a change in strategy, and potentially business model, is an obvious need. The oil and gas industry can learn from other companies and industries. It is instructive to seek inspiration from other industries that experienced sector-wide change, and how the leaders within these industries emerged as value creators. Mittal Steel Company built a model around acquiring assets with structural advantage and then cut costs and improved operations. Additionally, they initiated significant industry 38

consolidation as well. Nucor Corporation combined industry-leading operational capabilities with a first-mover status in electric-arc furnace technology. Others concentrated on scale and technology in profitable niches like seamless pipe. There is also merit for the oil and gas industry to take bold action during the crisis to secure resilience and accelerated positioning. They must reshape their portfolio and radically reallocate capital to the highest-return opportunities, take bold mergers and acquisitions moves, unlock a step-change in performance and cost competitiveness by re-imagining the operating movel, and ensure supply-chain resilience by redefining the strategic partnership approaches. This will indubitably create an oil and gas industry of the future in both talent and structureâ&#x20AC;&#x201C;â&#x20AC;&#x201C;one that is ready to face the new normal. -end-

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Unit Corporation Oil & Gas Files Bankruptcy Unit Corporation Voluntarily Files Chapter 11 Cases to Restructure Balance Sheet • Operations to Continue as Normal • Enters into Restructuring Support Agreement with Certain Creditors • Secures Approximately $36 Million in Debtor-in-Possession Financing Unit Corporation (NYSEUNT) (“the Company”) today announced that it has filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas, Houston Division (the “Court”) to effectuate a pre-negotiated Chapter 11 plan of reorganization (the “Plan”) that will reduce the Company’s funded debt obligations by more than $650 million and right-size the Company’s balance sheet for go-forward operations. Unit Corporation expects to continue to operate in the ordinary course throughout the Chapter 11 process without material disruption to its vendors, customers, or partners. Importantly, the Company’s 50%-owned midstream affiliate, Superior Pipeline Company, L.L.C. and its subsidiaries (“Superior”), is not a debtor in the Chapter 11 cases and is unaffected by the Company’s Chapter 11 filing. Additionally, Unit Corporation does not anticipate that payments to vendors and suppliers of its subsidiary Unit Drilling Company will be impacted. The Chapter 11 petitions were filed in accordance with a Restructuring Support Agreement (the “RSA”) between Unit Corporation, the holders of more than 70% of the Company’s 6.625% senior subordinated notes due 2021 (the “Subordinated Notes”) and all of the lenders under the Company’s Senior Credit Agreement (the “RBL Lenders”). The RSA sets forth the principal terms of the restructuring transaction 42

that will be effectuated by the Plan, including an equitization of all of the outstanding Subordinated Notes and the replacement of the existing RBL facility and the DIP financing with a $180 million exit financing facility. Consummation of the Plan will be subject to confirmation by the Court and other conditions in the Plan, the RSA and related transaction documents. “Like many companies in the oil and gas industry, we have felt the impact of the severe downturn in commodity prices, which has only worsened with the COVID-19 pandemic,” said David T. Merrill, President and Chief Executive Officer. “While facing this challenging environment, we have worked diligently to explore a variety of strategic alternatives to cut costs, improve our liquidity and address near-term debt maturities. We are pleased to receive the support of our lenders and noteholders and are confident that, on emergence from Chapter 11, we will be better positioned to meet our challenges and realize the potential of our Company.” With the filing, and subject to court approval, the Company has received a commitment from the RBL Lenders that are parties to the RSA to provide up to $36 million in debtor-in-possession (“DIP”) financing. The Company anticipates up to $18 million will be available on an interim basis. This financing, combined with the Company’s usual operating cash flows, is expected to provide sufficient liquidity for the Company to continue to operate in the ordinary course through the restructuring process. The Company has filed several customary motions with the court seeking authorization to support its operations while this process is ongoing, including authority to continue payment of employee wages, salaries and benefits without interruption, and to continue paying all vendors and suppliers of Unit Drilling Company in the ordinary course of business. Unit Corporation expects to receive court approval for these requests. Vinson & Elkins L.L.P. is serving as legal advisor, Evercore Group L.L.C. is serving as investment banker, and Opportune LLP is serving as restructuring advisor to the Company. Weil, Gotshal & Manges LLP is serving as legal advisor and Greenhill & Co., LLC is serving as financial advisor to an ad hoc group of holders of Subordinated Notes. 43

N E WS

Shell Catalysts & Technologies and Wood announce an Exclusive Agreement for Shell Smart Choke Technology

ood has signed an exclusive agreement with Shell Catalysts & Technologies (Shell) to provide, implement, and support their Smart Choke technology for oil and gas operators globally, helping producers optimise operations, extend asset life, and mitigate costly downtime. The Smart Choke is a low-cost, active slug suppression device for pipeline-riser systems. Announced today at the Australasian Oil & Gas Subsea (AOG) event in Perth, Australia, Shell has selected Wood as the exclusive partner to implement its Smart Choke technology to optimise upstream oil and gas production industry-wide. Woodâ&#x20AC;&#x2122;s demonstrated understanding, proven execution methodology, and successful record of using Smart Choke has reduced payback periods from months to weeks. Shaun Johnston, director of Intelligent Operations at Wood said: â&#x20AC;&#x153;We are very proud to have been selected by Shell as the exclusive licensor of this innovative technology. Wood is a world-leading flow assurance consultancy providing real-time asset performance and optimisation solutions, addressing the most complex, capital-intensive hydrocarbon

gathering, production, transportation and processing projects for our clients. Working with our partners, we are implementing field-proven technology that will help our clients extend field life, reduce riser vibrations, improve operating integrity, and ultimately maximise hydrocarbon recovery.” As hydrocarbon production assets mature, the accumulation and slugging of liquid can result in integrity and operational issues. These operational issues can lead to environmental impacts, high replacement costs, significant downtime, and potentially even more severe abandonment costs for assets nearing the end of their operating life. The technology Shell has developed leverages proprietary algorithms to control a Smart Choke to minimise severe volumes of liquid. Smart Choke is demonstrated and reliable technology as one of very few systems to be field-proven. Shell’s Central Upstream Engineering Manager Loek Vreenegoor adds: “Shell and Wood are applying specialised control algorithms that enable a Smart Choke to minimise issues and impacts associated with liquid management. It is one of very few systems that is field-proven by successful deployment on several Shell assets worldwide – notably extending the production lifetime of Shell fields. In just one example, we had a field shut-in and off the books due to slugging, brought back to life through Smart Choke technology, and then produced for several more years – an investment earned back within a day.” This exclusive agreement between Shell and Wood will facilitate wider implementation of field-demonstrated technology in suppressing riser induced slugging, the provision of real-time monitoring solutions, and solidifying partnerships to enable cost optimisation and successful delivery. 47

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N E WS

Axalta Completes Acquisition of UAE-Based Capital Paints Acquisition of powder coatings manufacturer expands Company’s footprint in MENA region

xalta (NYSE: AXTA), a leading global supplier of liquid and powder coatings, today announced that it has completed the acquisition of Capital Paints LLC, a UAE-based thermosetting powder coatings manufacturer. Capital Paints will operate as one of three Axalta powder manufacturing facilities in the Emerging Markets Region, with the others located in Malaysia and Indonesia. “This is an exciting milestone for Axalta,” said Mr. Sobers Sethi, President of Emerging Markets at Axalta. “Having a powder coating manufacturing base in the MENA region creates a significant opportunity for us to bring our powder coating technologies to our customers in the oil and gas and architectural segments. With our industryleading products, services and technology in powder coatings, we are well positioned to serve our customers and help them grow their businesses.”

As a global leader in the powder coatings market, with leading brands such as Nap-GardÂŽ for pipe coatings and AlestaÂŽ for architectural coatings, Axaltaâ&#x20AC;&#x2122;s powder products are widely used in a variety of end applications which demand high-quality standards including automotive and transportation, high-end architectural applications, oil and gas pipelines, rebar, appliances, general industrial and many other segments.

About Axalta Axalta is a leading global company focused solely on coatings and providing customers with innovative, colorful, beautiful and sustainable solutions. From light OEM vehicles, commercial vehicles and refinish applications to electric motors, buildings and pipelines, our coatings are designed to prevent corrosion, increase productivity and enable the materials we coat to last longer. With 150 years of experience in the coatings industry, the approximately 14,000 people of Axalta continue to find ways to serve our more than 100,000 customers in 130 countries better every day with the finest coatings, application systems and technology.

N E W S

S T O R I E S

The First Country To Send Covid-19 Test Results by WhatsApp & FB Messenger

ahrain has become the first country in the world to offer COVID-19 test results by WhatsApp and Facebook Messenger. The announcement comes as governments across the globe experiment with launching their own official chat channels, including Singapore, New Zealand and the World Health Organisation. Bahrain’s results service, which is available in English and Arabic, has been launched by the Kingdom’s Ministry of Health as part of efforts to combat the ongoing global health crisis. The chatbot delivers up-to-date information on the spread of the Coronavirus and provides direct links to YouTube guidance videos as well as the country’s official COVID-19 Be Aware app. The free chat service has been built using the WhatsApp Business API and Infobip’s global communication platform to provide critical information to citizens and residents. Dr Waleed Al Manea, from Bahrain’s Health Ministry, said: “We are working to reach a bigger and wider community in our health efforts to combat the spread of Covid-19.” As global lockdowns begin to lift, Bahrain – one of the first countries in the world to loosen restrictions on movement – is taking a series of steps to prepare for the next phase of the crisis. Last month, the Kingdom – which is fifth in the world for testing rates – launched a dedicated tracking app for confirmed

cases, with those isolating required to wear tamper-proof bracelets monitoring their location. A quarter of the country has now downloaded the ‘BeAware’ app, which automatically alerts users if they come into contact with an active case. Other initiatives include converting public buses into mobile testing units and rapidly building field hospitals for the treatment of cases. Bahrain made a series of early interventions on COVID-19 including screenings at entry points, travel restrictions on high-risk areas as well as swift isolation and testing of suspected cases. On March 19, Bahrain became the first Arab country to join the WHO’s Solidarity Trial, aiming to pool resources to produce a treatment for the disease. Three weeks later, the Kingdom’s malls were re-opened as part of a phased approach, with citizens and residents able to take a voluntary COVID-19 test in many of the locations. 55

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S T O R I E S

Manlift key in 14 Day Covid19 Lab Construction in UAE COVID-19: Lab to conduct tens of thousands real-time reverse transcription-PCR tests daily

tanding strong with the UAE’s commitment to tackle the COVID-19 pandemic, Manlift was part of this groundbreaking project to build a state of the art laboratory in 14 days to conduct thousands of coronavirus RT-PCR tests per day and is the first in the world of this scale to be operating outside of China.

Manlift Group Managing Director – David King said “In these challenging times, the call went out for AWP’s to Manlift UAE and we responded immediately. Manlift Group are proud to be part of the solution to establish this laboratory that will provide immediate COVID testing”.

Manlift successfully supplied and delivered the initial order of 10 machines to the project, in a matter of hours. After two days a further two machines which were also delivered immediately.

• The lab, built in 14 days, will address the need for population-scale detection and diagnosis of COVID-19 in the UAE • It is capable of conducting tens of thousands real-time reverse transcriptionpolymerase chain reaction, RT-PCR, tests per day • The first in the world of this scale to be operational outside of China, the lab showcases the UAE’s resolve to combat the COVID-19 pandemic

Working with long term connection Amana Contracting & Steel Buildings, Manlift supplied a total of 12 Machines which included 9 Battery Scissors and 3 Diesel Booms.

Highlights

DEVELOPED FOR DEMANDING ENVIRONMENTS The TFIE-1 IP industrial intercom station is a rugged device, designed for harsh environments and meets industrial and offshore requirements.

IP TECHNOLOGY The intercom station is fully digital and offers crystal clear audio with high output through a 10 W internal amplifier and 78 mm speaker, offering up to 100dB SPL. TMonitoring and selfdiagnostics of critical functionality. FLOWIRE TECHNOLOGY Flowire connectivity for simplified cabling and extended range. MATERIAL Robust hardware design makes this product fit for rough environments.TFIX intercoms are made in Carbon-fiber reinforced polymer. ENVIRONMENTAL Operating temperature: -40째C to +70째C Storage temperature: -40째C to +70째C Operating humidity: 10% to 95% RH (non-condensing) Storage humidity: 10% to 95% RH (non-condensing) Air pressure: 600 hPa to 1200 hPa IP-rating IP-66, IEC/EN 60529

ACCESSORIES Accessories include: Handheld PTT mic, Headset with PTT and Handset with PTT.

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How COVID-19 Is Changing College Admissions Cycle in 2020

ne of the spheres highly impacted by the SARS-COV-2 pandemic emergency in 2020 is higher education. While some universities and colleges introduced online-based classes, a lot of the institutions lack funding to do it or are not able to react quickly enough. At the same time, not all of the students have constant access to the Internet regarding that their parents are obliged to work remotely. Even more confusion is reserved for those who were going to enter a college this year or make a transfer: standardized tests SAT\ACT are being postponed till undefined time. It is hard to predict whether the class of 2020 will be able to attend campuses in real life, or the academic year will start online. Of no less importance is the fact that international students might not be able to get their visas since the borders are still closed.

Standardized Tests Are Postponed, but Some of Them Can Be Taken from Home In order to apply to a college or a university in the States, you need to pass one or more 62

standardized college admission tests. The spring wave of SAT and ACT, tests required for undergraduate admissions, has been canceled, same as the national SAT previously scheduled in early June. The destiny of the ACT planned for June 13th remains indefinite. The College Board is now considering the possibility of launching at-home standardized tests similar to the Advanced Placement studentsâ&#x20AC;&#x2122; examination. This approach is effective in ensuring that the tests are held, not depending on when the situation with the pandemic crisis becomes more definite. The idea of online tests has been quickly realized by ETS, the organization providing English assessment. Students from outside of the States need to pass a TOEFL, and, starting from early March, they are able to do it at home from any part of the world. The developers of the tests claim that the Home Edition of TOEFL iBR is no different from an offline version of this test as many people question themselves if it is easier to take this test at home or not. The only difference is that you have a human proctor watching you through a webcam.

Admission Cycle May Differ from College to College The US is a home for thousands of colleges, and all of them have different admission criteria. What is more, administrations of many colleges can make different decisions about their functioning based on their financial and technical capacity. In this way, many colleges such as Furman, Central Christian College of the Bible, Bryant, and many others decided to reopen applications mainly to reach their enrollment targets. At the same time, Cornell University announced that it is no longer required to pass ACT or SAT exams to enroll in August 2021. On their turn, this year’s applicants raise questions about whether college campuses will be open this fall. As no one is ready to give an ultimate answer, some of the institutions as Cal State Fullerton, announce that they began preparing to go online for this fall semester. All in all, it is highly advised to check each institution’s website to see what the admission criteria are in the year of 2020. It is essential to check news from the official representatives because the situation may change depending on the global situation.

What Can You Do While Waiting for News from the College of Your Choice? You may take advantage of this challenging period and perfect your college admission essay. It may seem that exam grades are much more important, so many applicants don’t spend much time to elaborate on their personal statements. However, according to the National Association for College Admission Counseling, an essay plays a vital role in the meaning that it gives the context about the personality and helps to review one’s “soft” factors. As many colleges have extended their application deadlines, you now have the time to do more research about them, which is important to provide convincing reasons why they should accept you. Make sure to show your interest and explain your goal, but don’t be too wordy. You can use essayservice.com to get professional help with your personal statement. The most important thing is to make sure that your essay is concise, grammatically correct, and doesn’t contain spelling mistakes.

Out of the State and International Admissions The destiny of international students stays unclear for this academic year. Those aspiring to enter a US college this year consider the possibility to attend fall classes through video. However, this might be a challenge to guarantee their online presence with such problems as different time zones, dependence on Internet connection stability, and even the state of freedom of speech in some countries where governments tend to block American online sources. Even if the borders are open before the classes start, a lot of them might find themselves in a difficult financial situation due to the fact that the COVID-19 crisis made a lot of businesses stop. This circumstance may work in favor of domestic wait-listed students since, in the condition of the lack of international applicants, their slots are expected to be given to local entrants. The same rule may be applied to in-state students. If mobility is still restricted between the states, applicants might find it easier to enter their local college than before the global pandemic.

Final Thoughts In these unprecedented times, both future students and college administrations have been thrown into uncharted waters. So there is no need to panic: everyone is in the same boat now. It is essential to follow the news from your college of choice on their official website. 63

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EWEC and ACWA Power Sign the Water Purchase Agreement for the World’s Largest Reverse Osmosis Desalination Facility $900 million Taweelah desalination IWP is expected to produce 909,200 cubic meter of water a day

he Emirates Water and Electricity Company and ACWA Power, a global leader in water desalination and power generation, have signed the water purchase agreement, for the world’s largest sea water reverse osmosis desalination plant to be constructed at Taweelah Power and Water Complex, 50 km north of Abu Dhabi. The Taweelah IWP will be the first stand-alone independent water project in Abu Dhabi. Emirates Water and Electricity Company had awarded the project to ACWA Power in January 2019. The tariff offered by ACWA Power for the Al Taweelah IWP is the lowest achieved to date in the world for desalinated water. The project, when constructed, will also set another world record by

utilizing the lowest amount of energy per gallon of desalinated water produced. “Our decision to bid for the Taweelah IWP demonstrates our confidence in the Emirates Water and Electricity Company as a reliable partner and confirms our commitment to contribute to the development of the United Arab Emirates by increasing our participation in the power generation and water desalination sectors. Through the Taweelah IWP and the enabling environment provided by Abu Dhabi, we are proud to be setting new global bench marks in both the cost of desalinated water and the energy consumed in producing that water.” - President & CEO, Paddy Padmanathan

“Following the final award, construction of the project has started with the completion expected in October 2022. The plant is expected to deliver 909,200 cubic meter of water per day to support the industries and the community at Al Taweelah and the surrounding areas. The plant will also play a role in catering to Abu Dhabi’s peak water demand, which is expected to rise by 11% between 2017 and 2024.” - Chief Investment Officer, Rajit Nanda This is an especially significant project, not only because of its scale but also in its role in securing cost-effective and energy efficient potable water supply for Abu Dhabi. This project is yet another testament to ACWA Power living its mission of reliably delivering electricity and desalinated water at the lowest possible cost fuelling economic development and continuing to the health, wealth

and happiness of the ultimate beneficiaries, the people of the country. - Chief Investment Officer, Rajit Nanda The plant will be developed on a build, own and operate basis. The engineering, procurement, and construction contract for the power plant shall be undertaken by a joint venture of Abengoa and PowerChina. ACWA Power will own a 40 per cent stake in a project company that will be formed to be responsible for the Taweelah IWP. The remaining stake will belong to Abu Dhabi Power Corporation and its affiliates. Emirates Water and Electricity Company will be the off-taker for the project.

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Advanced Stadium Cooling: Innovative Technology Coming to the Qatar World Cup Every stadium has itâ&#x20AC;&#x2122;s own unique form and structure

he 2018 World Cup marked the World Cup debut of using the Video Assistant Referee, also known as VAR, as the newest technological innovation coming to the stadiums. According to FIFA, the VAR system had a success rate of 99.3 percent and many football analysts have praised the introduction of VAR. In their opinion, the World Cup was a perfect example of how technology can work well for football, although it did show that there are some risks involved in relying on the technology. In 2022, when the World Cup will be played in Qatar, a newer and bigger technical innovation will come to the stadiums. All host stadiums will be air-conditioned, making it doable to organize the World Cup in a country with 70

extreme heats. Since Qatar was announced as the competitionâ&#x20AC;&#x2122;s host in December 2010, many have been critical of the controversial choice wondering how an event like the World Cup could be organized in the desert. In only one generation, Qatar has transformed from a handful of poor fishing villages into the richest country per capita in the world. It turns out if you combine gas revenues with foreign labor and the firm hand of the ruling monarchy, a country can be transformed rather quickly. Now, Qatar is taking on one of the biggest sports events the world has to offer. Because of the extreme heat, revolutionary cooling technology is going to be used at the 2022 World Cup in Qatar after tests

proved everything is working as it should at the proposed World Cup stadiums. The development is an important step in the buildup to the tournament, which has courted controversy since Qatar was announced as the competitionâ&#x20AC;&#x2122;s host. The 2022 tournament is therefore being held in winter for the first time, to avoid the searing summer heat. With temperatures averaging 42 degrees Celsius in summer, the decision was made to move the dates of the World Cup to winter, when temperatures around 30 degrees are to be expected. This is the reason why the stadiums will have air-conditioning installed, in order to bring down the temperature to about 20 degrees on the pitch and 23 degrees in the stands. The innovation being trialed in Qatar involves a system where cold air is being pumped into stadiums through a system powered by chilled water, which is the transformed into a cold mist after passing through cooling nozzles. They way it works is that the platform of the stadium is used to defend it against the infiltration of warm wind. This means the stadium is a barrier that is basically containing a cold bubble inside. The technology works by maintaining the cold bubble for as long as necessary in order for people to watch the game, and so the players are comfortable enough to play their game. The Al Wakrah Stadium also has a roof that can be opened and a seating-bowl cooling system to allow football to be played all-year round. At Al Wakrah Stadium, they are using an air circulation technique, which means some of the air is drawn back, cooled again and then pushed back to the supporters and players. The cooling technology for the FIFA World Cup Qatar 2022 has been a crucial part since the country announced its bid for the tournament in 2009. Every stadium has itâ&#x20AC;&#x2122;s own unique form and structure. For example, the Khalifa International Stadium is a big stadium with an athletics track which makes it so an unconventional treatment is needed. At Khalifa, fresh air is taken and pushed to the people. Moreover, a new line

of under-seat diffusers has been developed in order to deliver the air to fans in a gentle manner. No doubt, Qatar wants to show itself to the world, building the most advanced stadiums that ever have been built. The stadiums are also built so close to each other, fans could actually attend more than one game per day. The longest distance between two venues is just 55km, a short journey that will be seamless thanks to an advanced underground railway system.

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Jumbo Electronics launches series of Green Initiatives UAE retailer expects to cut down on usage of paper by 1 million tons a year

Jumbo Electronics, the leading OmniChannel retailer in the region has launched a series of green initiatives to build a culture of environmental awareness and sustainability among shoppers and staff. Since July 2019, Jumbo Electronics has replaced paper invoices with e-invoices sent by email to customers. In addition to being environmentally friendly, this initiative is also convenient for customers who will be able to locate their invoices easily at the time of any service or warranty claim. The second initiative is the launch of biodegradable and eco-friendly shopping bags with a brand-new design. These new shopping bags are being launched across all stores from September 2019 and are available for shoppers at no additional cost. The third initiative is the launch of digital raffles and gift cards. Not only is this an environmentally friendly initiative, it is also very convenient for customers who need not fill in an old-fashioned paper coupon to take part in a raffle. Every customer who purchases from Jumbo during select promotions automatically gets enrolled into an electronic raffle. Coupons are then seamlessly delivered to them via email or SMS. The retailer is also in the process of investing a large amount to replace existing lighting at stores with energy saving LED lights. At present, 70 per cent of Jumbo Electronics stores have already been converted to LED lights. The balance will be converted over the 74

next few months. In addition to these, Jumbo has launched a complete range of Smart Home products including security & IP cameras, home automation & health, entertainment and connectivity. Products like smart thermostats, air purifiers, smart home hubs are quickly becoming popular in the UAE. These would help in running an efficient home, conserving energy and promoting healthier lifestyles. These are available across Jumbo stores and are installed on a turnkey basis by the experts at the Jumbo Unwired team.

With these initiatives, Jumbo expects to reduce paper usage by approximately 1 million tons per year that will save at least 1,140,000 trees . Pankaj Kumar, Head of Jumbo Omnichannel Retail, said: â&#x20AC;&#x153;At Jumbo, we care for the environment and are committed to preserving the planet for our future generations. As a leading electronics retailer in the region, we are happy to have contributed towards this cause, which we believe is dear to most of our customers. This demonstrates that our values are aligned with our customersâ&#x20AC;&#x2122; beliefs.â&#x20AC;?

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CHEMSAFE S.r.l. | Registered office: Via Ribes, 5 - 10010 Colleretto Giacosa (TO) - Italy | Tel: +39 0125 538888 Operational seat: Via Lugnacco, 4 - 10010 Parella (TO) - Italy | Tel: +39 0125 669035 | Fax: +39 0125 538475 Email: chemsafe@chemsafe-consulting.com | www.chemsafe-consulting.com Chemical Watch | Global Service Providers Guide 2018

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Intertek Ensures Business Continuity of Vendor Inspection Services in the Oil and Gas Sector with Innovative Remote Inspection Solution

une 8, 2020, Abu Dhabi, UAE: Intertek, a leading Total Quality Assurance provider to industries worldwide is increasing the availability of its innovative Remote Video Inspection (RVI) service, a technological solution driven by its Total Quality Assurance experts, to ensure business continuity of critical vendor inspection services across the oil and gas supply chain during the current health and safety site restrictions. With the unprecedented global spread of Covid-19, governments and businesses around the world are taking steps to respond to the outbreak and to protect the health, wellbeing and safety of their people. These actions also impact International Oil Companies (IOCs) and National Oil Companies (NOCs) based in the Middle East and North Africa region and their regional and international vendors that have implemented policies to restrict the access of third parties to their sites to undertake crucial audit and inspection services. As a leading global provider of third-party

vendor inspection solutions, Intertekâ&#x20AC;&#x2122;s Technical Inspection Services business is well-prepared and has rapidly adapted to the constantly evolving environment by digitalising some of its processes to become contactless, while continuing to help global customers maintain critical business continuity, supply chain requirements and manufacturing schedules. Through remote live video streaming and smart phone technology, Intertekâ&#x20AC;&#x2122;s technical specialist inspectors can remain home-based during travel and access restrictions while still leading the inspection activities within the client premises. Customers in the UAE, Saudi Arabia, Bahrain, Iraq, Kuwait, Oman, Qatar and Egypt can interact with the Intertek technical specialist to ask questions and visualise the experience. As the inspections are undertaken in real-time, in the event that potential issues are identified during the inspection, followup actions can be discussed without delay, resulting in productivity gains and faster issues resolution times.

Intertek’s RVI solution has been deployed to companies throughout the world and the Middle East so that the company’s vendor inspection activities can continue to deliver the essential value that protects end-user clients and their supply chains from exposure to quality defect risks. Driven by Intertek’s global network of expert and experienced technical specialists, and supported by security protocols and standard operating procedures, the RVI solution enables quality control, inspection, and quality assurance activities to continue without compromising safety and quality and irrespective of location. Hussain Al Atrakchi, Vice President of Intertek Industry Services for Middle East, North Africa, and West Asia, explained: “Health and safety

restrictions are real challenges for Intertek’s clients who wish to safeguard business continuity whenever authorised access is limited. The remote inspection team helps clients ensure their equipment comply with the required specifications and that their projects stay on schedule by minimising disruptions to their supply chain. When measured in hours saved by technicians, the RVI solution can lead to up to 70% productivity gain. The issue resolution time also becomes 20% faster by using the Intertek RVI App and smart technologies in real-time.” Learn more about Intertek’s remote video inspection services by visiting intertek.com/ technical-inspection/remote-inspection

Event Info Power Purchase Agreement

7 – 10 June 2020, Dubai 19 – 22 October 2020, Singapore www.infocusinternational.com/ppa

Overview There are many moving pieces affecting the future of electric power development in emerging market. Unlike the past Independent Power Project models, which featured standardised take-or-pay contracts – today’s market demands more innovative incentives to ensure better availability, better performance, as well as more attractive and sustainable mixtures of fuel sources. Economies throughout developing countries urgently need to master the key tools, models, and lessons learned for transforming and strengthening today’s electricity sector. These include the latest models in negotiating Power Purchase Agreements (PPAs), in designing and managing new competitive power markets, as well as attracting the right mix of renewable energy sources. This 4-day comprehensive workshop gives you clear explanations of the new models of PPA risk allocation, of designing and managing competitive power markets, attracting private investments in renewable energy, through a series of real case examples of contracts and markets. Case Studies will include real examples from Africa, Middle East, Asia, Europe and North America. Furthermore, cases stimulate independent thinking and discussion among participants. Benefits of Attending • LEARN about all the essentials of different PPAs • NEGOTIATE fair and sustainable PPAs • STRUCTURE successful PPAs based upon your own company’s risk profile and risk allocation needs • EXPOSE to the frontiers of international experience in IPP development • LEARN theory and practice of pricing and tariff design • ANALYSE the relationship between Public, Private, and Government sector • PERFORM a policy and risk analysis of PPA contracts • EXPLORE a PPA relationship with EPC, O&M, Fuel Supply, and Interconnect Agreement • GAIN the tools and models in directing your country’s electricity transformation and market design plans • IMPROVE your awareness of the common pitfalls and mistakes to avoid in today’s private power investments

• LEAD successful power project finance transactions • IDENTIFY how financial derivatives can be used as an effective hedge of financial and electricity market based risks

Teaching Methodology The agenda will combine presented materials with plenty of opportunity for Q&A, interactive discussions, and the use of quantitative models to illustrate key learning points. Current market examples and data are utilised wherever helpful. Course Certificate Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement. To Register/Enquire on this course, please contact:

Abigail Harris

Infocus International Tel: +65 6325 0215 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/ppa

4 day course

“Excellent! There are many interesting topics which cover almost all relevant issues in electricity market, such as market reform and PPA negotiation. And the speaker is simply great.” Head of PPA Section, Electricity Generating Authority of Thailand

Power Purchase Agreement Structuring successful Power Purchase Agreements (PPAs), managing competitive electricity markets & attracting merchant power investments

Book 3 persons and save

$400

7 – 10 June 2020, Dubai 19 – 22 October 2020, Singapore

per person

Benefits of Attending

Who Should Attend

■ LEARN about all the essentials of different PPAs ■ NEGOTIATE fair and sustainable PPAs ■ STRUCTURE successful PPAs based upon your own company’s risk profile and risk allocation needs ■ EXPOSE to the frontiers of international experience in IPP development ■ LEARN theory and practice of pricing and tariff design ■ ANALYSE the relationship between Public, Private, and Government sector ■ PERFORM a policy and risk analysis of PPA contracts ■ EXPLORE a PPA relationship with EPC, O&M, Fuel Supply, and Interconnect Agreement ■ GAIN the tools and models in directing your country’s electricity transformation and market design plans ■ IMPROVE your awareness of the common pitfalls and mistakes to avoid in today’s private power investments ■ LEAD successful power project finance transactions ■ IDENTIFY how financial derivatives can be used as an effective hedge of financial and electricity market based risks

■ Contract / Agreement Negotiators ■ Legal / Regulation / Compliance / Policy Analysts ■ Business Development Managers ■ Commercial Managers ■ Finance Controllers / Treasurers ■ Corporate Planners ■ Business & Accounting Analysts ■ Sales & Trading Managers ■ Structured / Project Finance Analysts ■ Economists / Investors ■ Chairman / CEO / Directors From sectors: ■ Electric Regulators & Ministries ■ Power & Utility Companies ■ IPP Developers ■ Banks / Investors ■ Energy Fuel Suppliers (Oil, Gas, Coal and Renewables) ■ Law Firms & Consultancy

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/ppa

Event Info Mastering Wind Power

8 - 10 July 2020, Singapore www.infocusinternational.com/wind

Overview

A comprehensive, up-to-date and business-focused roadmap to success in delivering wind power growth, today and tomorrow. Attendees will leave with an excellent understanding of all the key factors facing wind power developers and investors, from resource assessment and energy production complexities, through project development and planning challenges, to financial returns and risks. The course schedule is designed to be highly participative, including time to work in groups to apply and illustrate the learning points throughout the course. To do so, attendees will utilise online tools, wind resource datasets, energy yield, financial and other simple calculations, along with structured discussions on key planning and market environment considerations. In keeping with the business-focused theme of the course, these illustrative exercises are designed to provide time-efficient clarification of the key course takeaways, aimed at commercially-focused business developers and investors. They are therefore deliberately made accessible to non-experts, not designed to replicate the complex or in-depth detailed planning undertaken – over much longer periods! – by experienced engineers and technical teams. Course Highlights • Learn from global experiences in wind power project development • Understand unique properties of wind resource, and how these feed into financial risk analysis • Gain a business-focused, up-to-date perspective on current and emerging wind technology innovations and project delivery best practices • Analyse and discuss practical and project delivery risks facing wind power projects, including key stakeholder engagements • Get hands-on with a financial model to better understand financial risks and returns for wind power projects • Compare and contrast the unique extra costs and complexities of offshore wind projects with those onshore Who Should Attend • Renewable power project developers • Power plant owners and operators (utilities and IPPs) • Transmission/Distribution system operators • Policymakers and policy advisors

• Investors, including commercial and development banks, venture capital and private equity • Vendors & EPC contractors • Large energy users • Commercial energy-sector services suppliers (law, insurance etc.) Teaching Methodology The agenda will combine presented materials with plenty of opportunity for Q&A, interactive discussions, and the use of quantitative models to illustrate key learning points. Current market examples and data are utilised wherever helpful. Course Certificate Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement. To Register/Enquire on this course, please contact:

Abigail Harris

Infocus International Tel: +65 6325 0215 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/wind

BRAND NEW COURSE “I enjoyed the course with lots of demonstrations and case studies. The facilitator was just marvellous, up to the game. It was a value for money workshop.” Director of Finance, Electricity Generation Company Malawi

Mastering Wind Power 8 – 10 July 2020, Singapore

Benefits of Attending ■ Learn from global experiences in wind power project development ■ Understand unique properties of wind resource, and how these feed into financial risk analysis ■ Gain a business-focused, up-to-date perspective on current and emerging wind technology innovations and project delivery best practices ■ Analyse and discuss practical and project delivery risks facing wind power projects, including key stakeholder engagements ■ Get hands-on with a financial model to better understand financial risks and returns for wind power projects ■ Compare and contrast the unique extra costs and complexities of offshore wind projects with those onshore

Who Should Attend ■ ■ ■ ■ ■ ■ ■ ■

Renewable power project developers Power plant owners and operators (utilities and IPPs) Transmission/Distribution system operators Policymakers and policy advisors Investors, including commercial and development banks, venture capital and private equity Vendors & EPC contractors Large energy users Commercial energy-sector services suppliers (law, insurance etc.)

Book 3 persons or more and save

$300 each

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/wind

Event Info

Mastering Solar Power

13 - 16 July 2020, Singapore www.infocusinternational.com/solar

Overview A comprehensive, up-to-date and business-focused roadmap to success in delivering solar power growth, today and tomorrow. Attendees will leave with a good understanding of the key factors from an integrated, multidisciplinary and commercial viewpoint, including: target market analysis, economic competitiveness, channels-to-market, financing influences and risk, project development processes, best practices and emerging technologies. The course schedule includes time to work in groups to apply the learning and illustrate key project development considerations, by discussing, developing and quantifying an initial business proposal for a solar PV power plant. To do so, attendees will utilise energy yield, financial and other simple calculations, along with the chance to debate key planning and market environment considerations. In keeping with the business-focused theme of the course, these illustrative exercises are designed to provide time-efficient clarification of the key course takeaways, aimed at commercially-focused business developers and investors. They are therefore accessible to nonexperts, not designed to replicate the complex or in-depth detailed planning undertaken - over much longer periods! by engineers and technical teams.

“I enjoyed the course with lots of demonstrations and case studies. The facilitator was just marvellous, up to the game. It was a value for money workshop.” Shadric Namalomba, Director of Finance, Electricity Generation Company Malawi

Mastering Solar Power Course Highlights

• Speak the language of solar energy: terminology and concepts explained with clarity and relevance • Understand the key variables determining the economics of solar PV projects • Review current and emerging market opportunities for solar PV, including integrations such as energy storage • Navigate the typical project development requirements, processes and risks • Learn and discuss how financial returns and risks arise in PV projects • Be better able to converse with project partners, suppliers, investors, policymakers and other stakeholders • Know what to look for when evaluating PV project opportunities • Identify key investment and project performance risks • Learn how to analyse and critique current and emerging business models

13 – 16 July 2020, Singapore

Who Should Attend Benefits of Attending ■ ■ ■ ■ ■ ■ ■ ■ ■

This course is ideal if:

Speak the language of solar energy: terminology and concepts explained with clarity and relevance • You are working withinthethe power of sector in projects a commercial or business Understand the key variables determining economics solar PV role.opportunities You need a for clearly explained, multi-faceted Review current development and emerging market solar PV, including integrations suchunderstanding as energy storageof Navigate the typical project development requirements, processes and risks how PV projects are developed and why and how they succeed (or fail), including Learn and discuss how financialand returns and risks arise in PV projects how market technology changes are driving new innovation opportunities Be better able to converse with project partners, suppliers, investors, policymakers and other stakeholders along with new competitive risks. Know what to look for when evaluating PV project opportunities • You are theperformance investment, Identify key investment andfrom project riskspolicy or professional services community. You the inevitable solar energy, and want to gain an Learn how to need analyseto andembrace critique current and emerginggrowth businessof models

independent perspective on the economic environment in which these projects Who Shouldoperate, Attend including the development, operational and business risks that most matter to them.

This course is ideal if: ■ You are working within the power sector in a commercial or business development role. You need a clearly-explained, notPVlimited to: multi-facetedIncluding understandingbut of how projects are developed and why and how they succeed (or fail), including how market and technology changes are driving new innovation opportunities along with new competitive risks ■ You are from the investment,including policy or professional services You need to embrace inevitable growth • Investors, commercial and community. development banks, venturethe capital of solar energy,and and want to gain an independent perspective on the economic environment in which these projects operate, private equity including the development, operational and business risks that most matter to them.

• Power generation companies, utilities and IPPs Policyto:makers and policy advisors including but not•limited • Transmission/Distribution system ■ Investors, including commercial and development banks, operators venture capital and private equity ■ Power generation companies, utilities andsuppliers IPPs • Commercial services (law, insurance etc.) ■ Policy makers •and policy advisors Equipment vendors & EPC contractors ■ Transmission/Distribution system operators • Large energy users and electricity buyers ■ Commercial services suppliers (law, insurance etc.) ■ Equipment vendors & EPC contractors ■ Large energy users and electricity buyers

Book 3 persons or more and save

$400 each

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/solar

Event Info

Course Certificate Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement.

To Register/Enquire on this course, please contact:

Abigail Harris

Infocus International Tel: +65 6325 0215 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/solar

Mastering Solar Power 13 – 16 July 2020, Singapore

Benefits of Attending ■ ■ ■ ■ ■ ■ ■ ■ ■

Speak the language of solar energy: terminology and concepts explained with clarity and relevance Understand the key variables determining the economics of solar PV projects Review current and emerging market opportunities for solar PV, including integrations such as energy storage Navigate the typical project development requirements, processes and risks Learn and discuss how financial returns and risks arise in PV projects Be better able to converse with project partners, suppliers, investors, policymakers and other stakeholders Know what to look for when evaluating PV project opportunities Identify key investment and project performance risks Learn how to analyse and critique current and emerging business models

Who Should Attend This course is ideal if: ■ You are working within the power sector in a commercial or business development role. You need a clearly-explained, multi-faceted understanding of how PV projects are developed and why and how they succeed (or fail), including how market and technology changes are driving new innovation opportunities along with new competitive risks ■ You are from the investment, policy or professional services community. You need to embrace the inevitable growth of solar energy, and want to gain an independent perspective on the economic environment in which these projects operate, including the development, operational and business risks that most matter to them. including but not limited to: ■ Investors, including commercial and development banks, venture capital and private equity ■ Power generation companies, utilities and IPPs ■ Policy makers and policy advisors ■ Transmission/Distribution system operators ■ Commercial services suppliers (law, insurance etc.) ■ Equipment vendors & EPC contractors ■ Large energy users and electricity buyers

Book 3 persons or more and save

$400 each

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/solar

Event Info Engineering, Procurement and Construction (EPC) Contracts for Energy Industry 24 – 26 August 2020, Singapore www.infocusinternational.com/epcenergy

Overview Today, Engineering, Procurement and Construction (EPC) projects are uniquely challenging. Parties currently involved in large complex and fast-track EPC projects frequently suffer financial loss that could have been mitigated by effective contract management. Appropriate practical “know-how” of EPC contracts will improve your ability to take appropriate steps, or to obtain necessary advice, to minimise or manage such risks. This intensive workshop provides valuable insight into the rapidly evolving world of EPC contracts. It has been designed specifically for the professionals and management of energy industries and will be of particular interest to those with current or planned projects in Asia, Africa, Middle East, Europe and the CIS. You will analyse an EPC contract, clause by clause, focusing on your challenges in international and domestic projects. This unique interactive master class discusses the key issues in EPC contracts which are relevant for lenders, sponsors and borrowers in international construction projects and the keys to deliver successful projects.

Course Highlights • Global and local legal and commercial framework in Asia, Middle East, Africa, Europe and the CIS • Contract negotiation best practices • Tips on contractual risk mitigation • Contract financing and project structuring • Contractor relationship management • Clause-by-clause discussion based on an actual contract precedent Key Learning Objectives • UNDERSTAND the current finance market for EPC contracts • MANAGE legal risks and environment for EPC contracts in the region • DISCOVER alternative procurement options for projects and the risks and opportunities associated with these options • DISTINGUISH new and effective contract negotiation strategies • ANALYSE the types of claims that may be made under EPC contracts and develop strategies to manage these claims

• GAIN INSIGHTS into the best current dispute resolution options and the risks and costs associated with each option

Abigail Harris

Infocus International Tel: +65 6325 0215 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/epcenergy

Free Takeaway 3 detailed articles on EPC contract precedents containing discussions on: EPCM & Alliancing Contracts EPC contracts in the global market FIDIC contract and the challenges faced by construction contractors

Group Discount book 3 person to save $300 per person

Managing and Negotiating

Engineering, Procurement and Construction (EPC) Contracts for Energy Industry Mastering the legal and commercial framework, contract negotiation, financing, risk and contractor relationship complexities of upstream and downstream EPC projects

24 – 26 August 2020, Singapore

Global and local legal and commercial framework in Asia, Middle East, Africa, Europe and the CIS Contract negotiation best practices Tips on contractual risk mitigation Contract financing and project structuring Contractor relationship management Clause-by-clause discussion based on an actual contract precedent

“A must�attend for professionals wishing to improve in EPC contracts management.” - Century Power Generation “Interesting, extremely helpful and relevant. A very clear presentation style which kept the material interesting and the audience engaged.” - National Oil Company of Namibia

UNDERSTAND the current finance market for EPC contracts MANAGE legal risks and environment for EPC contracts in the region DISCOVER alternative procurement options for projects and the risks and opportunities associated with these options DISTINGUISH new and effective contract negotiation strategies ANALYSE the types of claims that may be made under EPC contracts and develop strategies to manage these claims GAIN INSIGHTS into the best current dispute resolution options and the risks and costs associated with each option

OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

“The seminars were highly informative and the trainer is clearly very experienced in the EPC and major projects worldwide. It was very relevant for us in our business.” - Qatar Petroleum

“

Key Learning Objectives

Supported by:

“

“A very thorough presentation with excellent real life examples and war stories from the trainer.” - Exxonmobil

Course Highlights

“The trainer spoke knowledgeably about matters that concern lenders, sponsors and borrowers bringing different perspectives to the discussion.” - KBC Bank NV “Interesting explanation of every clause of the contract (i.e. the thorough assessment of an EPC contract).” - KFW Bankengruppe

www.infocusinternational.com/epcenergy

Event Info Power Project Finance

7 – 11 September 2020, Johannesburg www.infocusinternational.com/powerprojectfinance

Overview Project finance is widely used for large infrastructure projects including thermal and renewable power projects. The technique enables project risks to be allocated to the parties best able to manage them and facilitates the raising of long term debt without recourse to the project developer. The correct allocation of risk through an appropriate commercial structure is the foundation of a sound financing plan and this course will develop these themes by walking through the commercial contracts and finance documentation and provide an understanding of how to determine the optimal amount of debt using cash flow and ratio analysis. Current circumstances in the African power project sector will be discussed. Investment committees need to be sure that all risk aspects have been studied and the course will detail the key elements of the due diligence exercise. The course will also provide a guide on how to approach the debt market. Benefits of Attending The course is intended to provide a firm understanding of the principles which create a bankable power project finance structure in terms of risk allocation and the commercial and financial structure. On completion of this course you will understand: • How a power project is structured and financed • How to identify power project risks and mitigation strategies • The role of the financial model and cash flow and ratio analysis • Debt sizing techniques • Project finance term sheets and loan documentation • Contract documentation • The due diligence process • How to efficiently identify viable project prospects • How to approach the debt market

• Project analysis & development • Commercial & legal • Commercial services suppliers (law, insurance etc.) • Policy makers and policy advisors dealing with energy sector financial issues Teaching Methodology The agenda will combine presented materials with plenty of opportunity for Q&A, interactive discussions, and the use of quantitative models to illustrate key learning points. Current market examples and data are utilised wherever helpful. Course Certificate Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement.

Who Should Attend • Power project developer, investor or financier • Finance & accounting • Project finance & structured finance • Power project management

To Register/Enquire on this course, please contact:

Abigail Harris

Infocus International Tel: +65 6325 0215 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/powerprojectfinance

Boo k3 pe sav e $ rsons “Excellent training with a world class and highly experienced specialist.”

500

eac

and

Senior Power Expert, Regulatory Commission for Electricity Sector, Senegal

Power Project Finance 7 – 11 September 2020, Johannesburg

Benefits of Attending The course is intended to provide a firm understanding of the principles which create a bankable power project finance structure in terms of risk allocation and the commercial and financial structure. On completion of this course you will understand: ■ How a power project is structured and financed ■ How to identify power project risks and mitigation strategies ■ The role of the financial model and cash flow and ratio analysis ■ Debt sizing techniques ■ Project finance term sheets and loan documentation ■ Contract documentation ■ The due diligence process ■ How to efficiently identify viable project prospects ■ How to approach the debt market

Who Should Attend Including but not limited to people working in: ■ Power project developer, investor or financier ■ Finance & accounting ■ Project finance & structured finance ■ Power project management ■ Project analysis & development ■ Commercial & legal ■ Commercial services suppliers (law, insurance etc.) ■ Policy makers and policy advisors dealing with energy sector financial issues

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/powerprojectfinance

Event Info Electricity Economics in Changing Electricity Markets 16 – 18 November 2020, Singapore www.infocusinternational.com/electricityeconomics

Overview

Are you ready for the new challenges & opportunities as power markets around the world evolve? This is an essential core knowledge course for those involved in the business or regulation of the power industry. It leads you through a clear, accessible and thorough examination of the economics of power generation, from power plant cost influences to end-customer prices. It contextualises this analysis with key consideration of industry drivers and trends, including increasingly liberalised and competitive markets, evolving policy support and management frameworks, the growth and integration of renewable power sources, and the restructuring of power systems towards more decentralised operations. A highly interactive presentation style allows for plenty of Q&A and time to discuss the issues from multiple stakeholder perspectives; including power plant owners, investors, policymakers and energy customers. This course is an essential primer for those seeking to navigate successful business routes through transitioning electricity systems. Benefits of Attending • Clear, independent and businessfocused introduction • Language designed for non-experts; particularly senior executives, policymakers & investment decision-makers • Core knowledge building, including up-to-the-minute examples from markets around the world • Interactive discussion of key market and economic variables • Quantification of key issues using simple numerical calculations, real data and Excel-based tools We will examine these key questions: • Which variables drive the economics of electricity generation? • How do generation costs combine with other factors to produce end-use electricity prices? • How are current technology & system trends impacting electricity costs and prices? • What are policymakers doing to keep costs down? • Who are the key stakeholders and influencers on electricity economics? • What are the value-chain impacts of market Liberalisation and Competition? • How are solar and wind power (and other low-carbon options) changing market environments? • and many more!

Who Should Attend: • Power generators, utilities and IPPs • Investors, including commercial and development banks, venture capital and private equity • Policymakers and policy advisors • Transmission / Distribution system operators (grid) • Power system vendors & EPC contractors • Large electricity users • Commercial services suppliers (law, insurance etc.) Teaching Methodology The agenda will combine presented materials with plenty of opportunity for Q&A, interactive discussions, and the use of quantitative models to illustrate key learning points. Current market examples and data are utilised wherever helpful. Course Certificate Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement. To Register/Enquire on this course, please contact:

Abigail Harris

Infocus International Tel: +65 6325 0215 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/electricityeconomics

BACK BY POPULAR DEMAND “I enjoyed the course with lots of demonstrations and case studies. The facilitator was just marvellous, up to the game. It was a value for money workshop.” Shadric Namalomba, Director of Finance, Electricity Generation Company Malawi

Electricity Economics

in Changing Electricity Markets The new economics of power markets in a low-carbon world

16 – 18 November 2020, Singapore Book 3 persons and save

$300 each

Benefits of Attending ■ ■ ■ ■ ■

Clear, independent and business-focused introduction Language designed for non-experts; particularly senior executives, policymakers & investment decision-makers Core knowledge building, including up-to-the-minute examples from markets around the world Interactive discussion of key market and economic variables Quantification of key issues using simple numerical calculations, real data and Excel-based tools

We will examine these key questions: ■ Which variables drive the economics of electricity generation? ■ How do generation costs combine with other factors to produce end-use electricity prices? ■ How are current technology & system trends impacting electricity costs and prices? ■ What are policymakers doing to keep costs down? ■ Who are the key stakeholders and influencers on electricity economics? ■ What are the value-chain impacts of market liberalisation and competition? ■ How are solar and wind power (and other low-carbon options) changing market environments? ■ and many more!

Who Should Attend ■ ■ ■ ■ ■ ■ ■

Power generators, utilities and IPPs Investors, including commercial and development banks, venture capital and private equity Policymakers and policy advisors Transmission / Distribution system operators (grid) Power system vendors & EPC contractors Large electricity users Commercial services suppliers (law, insurance etc.)

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/electricityeconomics

Event Info Gas & LNG Markets, Contracts & Pricing 16 – 20 March 2020, Singapore 28 Sep – 2 Oct 2020, Port of Spain 23 – 27 Nov 2020, Singapore www.infocusinternational.com/gaslng

Overview Due to the complex geopolitical nature of gas/ LNG sourcing and long term nature of gas transactions between buyers and sellers, it is commercially prudent for those involved in thisprocess to know the global gas & LNG supply & markets condition, available methodologies for price determination, contract structure and negotiation techniques. Any misjudgement in any of these areas could result in wrong sourcing decisions, significant adverse financial consequences and legal liabilities. This course has, therefore, been designed to enable the professionals in the gas sector and gas advisory services to make right sourcing decision, construct gas/LNG contracts and negotiate from a position of strength and knowledge in order to gain a competitive edge in the process. Course Highlights • Global gas/LNG market and market structure in Asia Pacific, Africa, Middle East, Europe and USA regions • Current gas/LNG outlook and trends • Contract terminology and construction operational, commercial and legal basis of gas, LNG and Gas Transportation Contracts • Principles of gas/LNG Sales and Purchase Agreement (GSPA/SPA), Gas Transportation Agreement (GTA) and Regasification Agreements • Gas/LNG pricing principles, current practice and price indexation in competitive gas markets • Contracting and negotiation - proven techniques Benefits of Attending • Background knowledge to framework to facilitate gas/LNG commercial decisions • Understanding current trends of the gas organisation structure • Knowledge of the underlying rationale for gas contract terms and conditions • Learn to construct gas, LNG and gas transportation contracts and negotiate them • Understanding of techniques of gas/LNG price setting in competitive markets • Awareness of operation of trading hubs, spot and arbitrage • Holistic understanding of what is required to put a new supply chain in place Who Should Attend Energy professionals including but not limited to:

• Purchasing/Supply Chain • Legal/Contracts Negotiation • Commercial • Finance/Pricing • Marketing • Trading • Sales/Business Development • Project Finance • Corporate Planning From Sectors: • Natural gas E&P • Gas/LNG trade, shipping, transmission, distribution • Government agencies • Gas based power generation • Gas/LNG related project finance, asset management, hedge funds, equity/fixed income • Gas pipeline and high pressure transportation Course Certificate Upon the successful completion of this course, you will receive a Certificate of Completion bearing the signatures from both the Course Director and the Course Organiser. This Certificate will testify your endeavour and serve towards your professional advancement. To Register/Enquire on this course, please contact:

Weslyn Lee

Infocus International Group Tel: +65 6325 0274 Email: abigail@infocusinternational.com Website: www.infocusinternational.com/gaslng

5 day course “The best gas / LNG course I have ever attended. I will gladly recommend it to anyone.” by past participant, Chevron

GAS & LNG

MARKETS, CONTRACTS & PRICING A comprehensive all-in-one course addressing all key elements for successful gas & LNG business strategies

16 – 20 Mar 2020 Singapore 28 Sep – 2 Oct 2020 Port of Spain 23 – 27 Nov 2020 Singapore

Course Highlights ■ Global gas/LNG market and market structure in Asia Pacific, Africa, Middle East, Europe and USA regions ■ Current gas/LNG outlook and trends ■ Contract terminology and construction - operational, commercial and legal basis of gas, LNG and Gas Transportation Contracts ■ Principles of gas/LNG Sales and Purchase Agreement (GSPA/SPA), Gas Transportation Agreement (GTA) and Regasification Agreements ■ Gas/LNG pricing principles, current practice and price indexation in competitive gas markets ■ Contracting and negotiation - proven techniques

Benefits of Attending ■ ■ ■ ■ ■ ■ ■

Background knowledge to framework to facilitate gas/LNG commercial decisions Understanding current trends of the gas organisation structure Knowledge of the underlying rationale for gas contract terms and conditions Learn to construct gas, LNG and gas transportation contracts and negotiate them Understanding of techniques of gas/LNG price setting in competitive markets Awareness of operation of trading hubs, spot and arbitrage Holistic understanding of what is required to put a new supply chain in place

Book 3 persons and save

$600 each

Supported by: OFFSHORE MAGAZINE

ENERGY INSIGHT

E: abigail@infocusinternational.com

www.infocusinternational.com/gaslng

BLUE FROG SCIENTIFIC

WE ARE BLUE FROG ACHIEVING REGULATORY COMPLIANCE THROUGH THE APPLICATION OF GOOD SCIENCE, INNOVATIVE THINKING & CLARITY.

BLUEFROGSCIENTIFIC.COM

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