The document outlines Spectra Energy's major pipeline expansion projects for 2008 and 2009. It details 16 projects completed or under construction in 2008 with a total capital expenditure of $1.8 billion, generating estimated EBIT of $95 million in 2008 and $130 million in incremental EBIT in 2009. For 2009, 10 projects are outlined totaling $650 million in capital expenditures. The projects expand natural gas transmission and storage infrastructure across the United States and Canada.
This document provides a concept study report for an LNG offloading facility at Walvis Bay, Namibia. It includes background on the project, functional requirements for the facility, development of three concept layouts, analysis of environmental conditions through wave modeling, vessel navigation simulations to evaluate the layouts, and a capital cost estimate. The preferred layout incorporates the FSRU with planned nearby tanker berths. Key findings from the wave model and simulations indicate the layout is suitable for operations. The report establishes a basis for further engineering development of the LNG receiving terminal.
1) Det Norske Veritas (DNV) is a classification society established in 1864 that identifies, assesses, and manages risk, particularly for maritime industries.
2) DNV has a large global presence with over 9,000 employees in 300 offices across 100 countries.
3) DNV has the largest market share for classification of floating production storage and offloading (FPSO) vessels at 40%, focusing on risk assessment and certification of new FPSO builds and conversions.
The document discusses recent trends in shale gas completions, including the increasing use of horizontal wells with longer laterals and more fracture stages. It also summarizes Halliburton's expertise in shale gas technologies, including over 4,200 fracture treatments per month. The document highlights challenges for shale development outside of the US and introduces techniques like pinpoint stimulation using coiled tubing to address these challenges. It also presents Halliburton's CleanSuite technologies for reducing water usage and improving environmental performance of fracturing operations.
This project update provides information on the development of the Açu Industrial Complex in Rio de Janeiro, Brazil. The complex will cover 90 square kilometers and include areas for platform construction, module construction, dry dock facilities, and administrative buildings. Licensing and construction are underway, with initial areas and quays expected to be completed in 2012-2014. The complex will support the construction and integration of FPSO vessels and related offshore oil and gas infrastructure for projects with OGX Petroleo e Gas Participacoes S.A.
This project update provides information on the Açu Industrial Complex located in Rio de Janeiro, Brazil. Key points include:
- The 90km2 industrial complex will include areas for platform construction, module construction, dry dock facilities, and administrative buildings.
- Construction is underway, with licensing obtained in early 2011 and initial construction starting in late 2011.
- OSX is constructing several FPSO and production units for the OGX fields through 2014. The first FPSO, OSX-1, will be delivered in 3Q 2011.
- Infrastructure at the Açu complex like quays, buildings and utilities will be delivered in phases through 2014 to support integration and operation of the FPSO
Rejith.N.R has over 10 years of experience in electrical testing, pre-commissioning, and commissioning of power projects and substations in Qatar. He currently works as a Testing Foreman for Qatar Engineering and Construction Company, overseeing testing and commissioning jobs. Some of his major projects involve work for Qatar Gas, RasGas, Qatar Fertilizer Company, and offshore platforms.
The document provides a project update on the Açu Industrial Complex in Rio de Janeiro, Brazil. Construction is underway on infrastructure including quays, buildings, and dredging canals. Delivery of key areas and equipment is expected between 2012-2014. The FPSO OSX-1 arrived in December 2011 and began production in January 2012. Long term financing of $1.9 billion was secured for construction through government funds and private banks. Additional FPSOs and production platforms are on order to develop fields for oil company OGX according to milestones in 2012-2013.
The document provides a project update on the Açu Industrial Complex in Rio de Janeiro, Brazil. Key points include:
1) Construction is underway on the 90km2 industrial complex which will include areas for platform construction, module construction, dry docks, and more.
2) Several milestones have been achieved including licensing, mobilization, and beginning of construction. Delivery of the first FPSO (OSX-1) to OGX is scheduled for 3Q 2011.
3) Future plans include continued construction of infrastructure and delivery of additional FPSOs and production units to support oil production for OGX through 2014.
This document provides a concept study report for an LNG offloading facility at Walvis Bay, Namibia. It includes background on the project, functional requirements for the facility, development of three concept layouts, analysis of environmental conditions through wave modeling, vessel navigation simulations to evaluate the layouts, and a capital cost estimate. The preferred layout incorporates the FSRU with planned nearby tanker berths. Key findings from the wave model and simulations indicate the layout is suitable for operations. The report establishes a basis for further engineering development of the LNG receiving terminal.
1) Det Norske Veritas (DNV) is a classification society established in 1864 that identifies, assesses, and manages risk, particularly for maritime industries.
2) DNV has a large global presence with over 9,000 employees in 300 offices across 100 countries.
3) DNV has the largest market share for classification of floating production storage and offloading (FPSO) vessels at 40%, focusing on risk assessment and certification of new FPSO builds and conversions.
The document discusses recent trends in shale gas completions, including the increasing use of horizontal wells with longer laterals and more fracture stages. It also summarizes Halliburton's expertise in shale gas technologies, including over 4,200 fracture treatments per month. The document highlights challenges for shale development outside of the US and introduces techniques like pinpoint stimulation using coiled tubing to address these challenges. It also presents Halliburton's CleanSuite technologies for reducing water usage and improving environmental performance of fracturing operations.
This project update provides information on the development of the Açu Industrial Complex in Rio de Janeiro, Brazil. The complex will cover 90 square kilometers and include areas for platform construction, module construction, dry dock facilities, and administrative buildings. Licensing and construction are underway, with initial areas and quays expected to be completed in 2012-2014. The complex will support the construction and integration of FPSO vessels and related offshore oil and gas infrastructure for projects with OGX Petroleo e Gas Participacoes S.A.
This project update provides information on the Açu Industrial Complex located in Rio de Janeiro, Brazil. Key points include:
- The 90km2 industrial complex will include areas for platform construction, module construction, dry dock facilities, and administrative buildings.
- Construction is underway, with licensing obtained in early 2011 and initial construction starting in late 2011.
- OSX is constructing several FPSO and production units for the OGX fields through 2014. The first FPSO, OSX-1, will be delivered in 3Q 2011.
- Infrastructure at the Açu complex like quays, buildings and utilities will be delivered in phases through 2014 to support integration and operation of the FPSO
Rejith.N.R has over 10 years of experience in electrical testing, pre-commissioning, and commissioning of power projects and substations in Qatar. He currently works as a Testing Foreman for Qatar Engineering and Construction Company, overseeing testing and commissioning jobs. Some of his major projects involve work for Qatar Gas, RasGas, Qatar Fertilizer Company, and offshore platforms.
The document provides a project update on the Açu Industrial Complex in Rio de Janeiro, Brazil. Construction is underway on infrastructure including quays, buildings, and dredging canals. Delivery of key areas and equipment is expected between 2012-2014. The FPSO OSX-1 arrived in December 2011 and began production in January 2012. Long term financing of $1.9 billion was secured for construction through government funds and private banks. Additional FPSOs and production platforms are on order to develop fields for oil company OGX according to milestones in 2012-2013.
The document provides a project update on the Açu Industrial Complex in Rio de Janeiro, Brazil. Key points include:
1) Construction is underway on the 90km2 industrial complex which will include areas for platform construction, module construction, dry docks, and more.
2) Several milestones have been achieved including licensing, mobilization, and beginning of construction. Delivery of the first FPSO (OSX-1) to OGX is scheduled for 3Q 2011.
3) Future plans include continued construction of infrastructure and delivery of additional FPSOs and production units to support oil production for OGX through 2014.
Gas Recovery Systems Vopak VCM Sphere ProjectFred Reyes
The Gas Recovery System
Sphere Recovery Presentation
Presents
Vopak Royal Inc.
2001 Vopak 6650 CBM VCM Sphere
Decontamination & Degassing
Project
Teesside, UK
This document provides an introduction to deepwater petroleum exploration and production. It begins with a table of contents that lists 11 chapters covering topics from the early history of offshore drilling to future technology challenges. The foreword discusses the goal of providing an understandable guide to the complex process of deepwater operations from various perspectives. It acknowledges that the content may become outdated quickly given the fast pace of development in deepwater frontiers. The introduction emphasizes that the book will communicate complicated concepts in a clear, concise manner for experts and non-experts alike. It praises the three authors for their unique abilities and experiences that enable them to tell the story of deepwater development from start to finish.
Reliable Subsea Oil& Gas Transportation Paper - Presentation Slides 6 Novembe...Charlie Reith
The document discusses subsea oil and gas transportation systems, long subsea tie-backs, and production assurance programs. It focuses on a 140km subsea tie-back project to a remote onshore location, outlining key expectations around reliability performance and mitigating deferred production scenarios. The production assurance program aims to improve availability and reduce operational risks over the life of the field through reliability-led design and maintenance strategies.
This document discusses design considerations for redeploying floating production storage and offloading (FPSO) vessels. It provides background on FPSO redeployments, including that 24 redeployments have occurred in the last 10 years. Challenges of redeployment include ensuring the hull, mooring system, and topsides are suitable for the new field. Case studies of the FPSOs Front Puffin, OSX-1, and Berantai show they required modifications like new modules and upgrades to systems to suit the new field characteristics. Extensive modification was sometimes needed, even for vessels originally designed as generic FPSOs. Careful planning is required to successfully redeploy an FPSO.
The document summarizes the Amplus Versatile Production Unit (VPU), a dynamically positioned floating production storage and offloading (FPSO) vessel. Key features of the VPU include its modular design allowing flexibility, a processing system designed by National Oilwell Varco to treat up to 30,000 barrels per day of oil, and a disconnectable turret buoy allowing for flexible disconnection. The VPU is designed for superior safety and efficiency of operations through use of proven technologies and redundancy of critical systems.
The document provides a project update for Açu Shipyard in Brazil. It discusses the licensing process for the shipyard, the construction of an industrial district, and details on the shipyard's setup. Advantages of the site include welding and energy savings as well as optimal weather. The document outlines the projected capex and provides details on current orders, including progress on FPSO OSX 1 and systems for OSX 2-3. Finally, it notes the purchase of two VLCCs for conversion to FPSOs OSX 4-5.
This document provides a project update for November 2011 on several OSX shipbuilding initiatives. Key details include:
- Construction is underway at the 90km2 Açu Industrial Complex in Brazil, with licensing obtained and construction of various areas and infrastructure progressing.
- The order book includes FPSOs OSX-1 through OSX-5 along with WHP-1 and WHP-2, with delivery timelines ranging from late 2011 through 2014.
- Progress is outlined on the individual FPSO and WHP units, including customization work, integration timelines at the Açu facility, and financing arrangements.
- Plans are discussed to accelerate future projects through standardization, engineering innovations
Champion Iron Mines is developing the Consolidated Fire Lake North (CFLN) iron ore project in the Labrador Trough region of Canada. The project involves mining the CFLN East and West deposits, which contain over 3.5 billion tonnes of iron ore resources. A prefeasibility study from February 2013 estimated the project would produce an average of 9.3 million tonnes of iron concentrate per year over a 20-year mine life, with a net present value of $3.3 billion using an 8% discount rate and internal rate of return of 30.9%. The project aims to take advantage of existing rail, power and port infrastructure in the established iron mining district.
Total is involved in several projects developing oil and gas resources in extreme cold environments, including:
1) The Kashagan, Kharyaga, Shtokman, and Snøhvit fields.
2) Total operates an R&D organization to address technical challenges of these projects like low temperatures, ice, and permafrost.
3) Several challenges were outlined, including protecting the environment, extreme weather, winterization of equipment, and emergency response in remote areas.
This document provides step-by-step instructions for performing 3GPP Rel-5 transmitter characteristics, receiver characteristics, and performance tests using the R&S CMU200 instrument. It covers tests such as maximum output power, code domain power accuracy, spectrum emission mask, error vector magnitude, channel quality indicator reporting, and HS-SCCH detection performance. The document also includes *.sav files for recalling predefined test configurations for a UE supporting band I and power class 3.
Jeb Tyrie is an accomplished reservoir engineer with over 30 years of experience working on field development projects around the world. He has led multi-disciplinary teams in reservoir simulation, asset management, and negotiating acquisitions and divestments of oil and gas assets. In addition to his technical expertise, Jeb is known for his ability to build relationships across disciplines to deliver projects. He currently works as an independent consultant through his company, Apec Ltd.
Peter Heath Merz has over 30 years of experience as a mechanical fitter and maintenance technician working on major projects in mining, oil and gas, processing and other industries. He has extensive qualifications and skills in areas such as hydraulics, pneumatics, welding, electrical fundamentals and health and safety. His most recent role is as a mechanical fitter for UGL Operations and Maintenance on the Chevron Gorgon LNG Project, where he performs maintenance on pressurized systems and rotating equipment. He has a strong safety record with no lost time injuries or accidents.
This document is El Paso Corporation's quarterly report filed with the SEC for the quarter ended March 31, 2008. It includes El Paso's condensed consolidated financial statements and notes. The financial statements show that for the quarter, El Paso reported net income of $219 million compared to $629 million in the prior year quarter. Revenue increased to $1.27 billion from $1.02 billion in the prior year. Cash flow from operations was $634 million for the quarter.
This annual report summarizes Cooper Cameron's financial performance in 2001 and provides an outlook for 2002. Key points include:
- Revenues increased 13% to $1.56 billion in 2001, while EBITDA grew 17% to $251 million. However, the stock price declined 40% due to industry uncertainty.
- Productivity improvement and cost reduction remain priorities through the Six Sigma program and other initiatives.
- Global energy demand is expected to grow long-term at 2-3% annually, though customers' spending may be flat or down slightly in 2002 from 2001 levels.
- Acquisitions in 2001 added to Cooper Cameron's portfolio, as mergers and acquisitions activity was stepped up.
Chiquita Brands International is a leading marketer and producer of bananas and other fresh produce. In 2004, the company achieved several financial and operational goals including 18% sales growth to $3.1 billion, a 23% increase in operating cash flow to $92 million, and an 11% reduction in total debt. The CEO discusses the company's strategy to strengthen its core banana business, pursue profitable growth through new acquisitions and segments, build a high-performance organization, and improve profitability in North America. Key goals for 2005 include completing the acquisition of Fresh Express to diversify product offerings and integrating the new leadership team to execute the long-term strategy.
PetSmart reported financial results for 2007 with net sales of $4.67 billion, up 10% from 2006. Net income was $258.7 million compared to $185.1 million in 2006. Earnings per share were $1.95. Services sales grew 22% to $458.7 million. PetSmart operated over 1,000 pet stores in the US and Canada and had total employees of over 43,000. The CEO discussed focusing on driving transactions and customer service in 2008 while managing expenses through cost controls and slowing expansion plans.
The document provides operating statistics for El Paso Corporation for the second quarter of 2006. It shows that consolidated net income was $150 million for the quarter. It also provides key financial data broken down by each of El Paso's business segments, including Pipelines, Exploration and Production, Marketing and Trading, Power and Field Services. For the Pipelines segment, earnings before interest and taxes was $335 million for the quarter, with total pipeline throughput of 18.154 billion cubic feet per day.
This document summarizes Spectra Energy's third quarter 2008 earnings review. Key points include:
- Ongoing fully diluted EPS was $0.49, a 29% increase over third quarter 2007. All business segments performed well due to robust commodity prices.
- Major 2008 expansion projects are substantially complete and expected to exceed targeted returns.
- Field Services earnings increased 67% from third quarter 2007 due to higher commodity prices and favorable hedge positions.
- The company has a healthy balance sheet and liquidity position with $1.7 billion in available credit as of September 30, 2008.
The document summarizes Spectra Energy's first quarter 2008 earnings review presentation. It highlights exceptional earnings growth in the first quarter of over 50% compared to the prior year. The company announced a share repurchase plan of up to $600 million and a proposed dividend increase. Segment results were strong across all business units due to factors like new pipeline projects, higher commodity prices, and favorable foreign exchange rates. The outlook for 2008 remains positive with expected 8% EPS growth assuming $90/barrel oil.
Cameron is an oil and gas equipment company that delivered record financial results in 2008 despite challenges. Revenues reached $5.8 billion, earnings per share were $2.60, and orders set new highs. However, volatility in oil prices and the economic downturn introduced uncertainty for 2009. Oil prices fell from nearly $150 per barrel to below $40 by year-end due to reduced demand and available supply outpacing consumption. Customers' cash flows declined and some faced financing difficulties, leading to expectations of less spending on developing new reserves in 2009.
The document outlines the corporate governance principles of Cameron International Corporation. It discusses the functions and responsibilities of the Board of Directors, including oversight of management, performance assessments, and succession planning. It also covers the composition of the Board, meeting procedures, Board committees, and other principles regarding conflicts of interest and periodic reviews. The principles are intended to define the Board's practices in key areas of corporate governance.
Spectra Energy reported ongoing earnings per share of $0.38 for the third quarter of 2007, up 32% from the third quarter of 2006. Key drivers of earnings growth included excellent results from U.S. Transmission, Distribution, and Western Canada Transmission and Processing segments. The company is confident it will achieve its 2007 financial goals and remains committed to delivering 8-10% total shareholder return through steady growth and an attractive dividend.
Gas Recovery Systems Vopak VCM Sphere ProjectFred Reyes
The Gas Recovery System
Sphere Recovery Presentation
Presents
Vopak Royal Inc.
2001 Vopak 6650 CBM VCM Sphere
Decontamination & Degassing
Project
Teesside, UK
This document provides an introduction to deepwater petroleum exploration and production. It begins with a table of contents that lists 11 chapters covering topics from the early history of offshore drilling to future technology challenges. The foreword discusses the goal of providing an understandable guide to the complex process of deepwater operations from various perspectives. It acknowledges that the content may become outdated quickly given the fast pace of development in deepwater frontiers. The introduction emphasizes that the book will communicate complicated concepts in a clear, concise manner for experts and non-experts alike. It praises the three authors for their unique abilities and experiences that enable them to tell the story of deepwater development from start to finish.
Reliable Subsea Oil& Gas Transportation Paper - Presentation Slides 6 Novembe...Charlie Reith
The document discusses subsea oil and gas transportation systems, long subsea tie-backs, and production assurance programs. It focuses on a 140km subsea tie-back project to a remote onshore location, outlining key expectations around reliability performance and mitigating deferred production scenarios. The production assurance program aims to improve availability and reduce operational risks over the life of the field through reliability-led design and maintenance strategies.
This document discusses design considerations for redeploying floating production storage and offloading (FPSO) vessels. It provides background on FPSO redeployments, including that 24 redeployments have occurred in the last 10 years. Challenges of redeployment include ensuring the hull, mooring system, and topsides are suitable for the new field. Case studies of the FPSOs Front Puffin, OSX-1, and Berantai show they required modifications like new modules and upgrades to systems to suit the new field characteristics. Extensive modification was sometimes needed, even for vessels originally designed as generic FPSOs. Careful planning is required to successfully redeploy an FPSO.
The document summarizes the Amplus Versatile Production Unit (VPU), a dynamically positioned floating production storage and offloading (FPSO) vessel. Key features of the VPU include its modular design allowing flexibility, a processing system designed by National Oilwell Varco to treat up to 30,000 barrels per day of oil, and a disconnectable turret buoy allowing for flexible disconnection. The VPU is designed for superior safety and efficiency of operations through use of proven technologies and redundancy of critical systems.
The document provides a project update for Açu Shipyard in Brazil. It discusses the licensing process for the shipyard, the construction of an industrial district, and details on the shipyard's setup. Advantages of the site include welding and energy savings as well as optimal weather. The document outlines the projected capex and provides details on current orders, including progress on FPSO OSX 1 and systems for OSX 2-3. Finally, it notes the purchase of two VLCCs for conversion to FPSOs OSX 4-5.
This document provides a project update for November 2011 on several OSX shipbuilding initiatives. Key details include:
- Construction is underway at the 90km2 Açu Industrial Complex in Brazil, with licensing obtained and construction of various areas and infrastructure progressing.
- The order book includes FPSOs OSX-1 through OSX-5 along with WHP-1 and WHP-2, with delivery timelines ranging from late 2011 through 2014.
- Progress is outlined on the individual FPSO and WHP units, including customization work, integration timelines at the Açu facility, and financing arrangements.
- Plans are discussed to accelerate future projects through standardization, engineering innovations
Champion Iron Mines is developing the Consolidated Fire Lake North (CFLN) iron ore project in the Labrador Trough region of Canada. The project involves mining the CFLN East and West deposits, which contain over 3.5 billion tonnes of iron ore resources. A prefeasibility study from February 2013 estimated the project would produce an average of 9.3 million tonnes of iron concentrate per year over a 20-year mine life, with a net present value of $3.3 billion using an 8% discount rate and internal rate of return of 30.9%. The project aims to take advantage of existing rail, power and port infrastructure in the established iron mining district.
Total is involved in several projects developing oil and gas resources in extreme cold environments, including:
1) The Kashagan, Kharyaga, Shtokman, and Snøhvit fields.
2) Total operates an R&D organization to address technical challenges of these projects like low temperatures, ice, and permafrost.
3) Several challenges were outlined, including protecting the environment, extreme weather, winterization of equipment, and emergency response in remote areas.
This document provides step-by-step instructions for performing 3GPP Rel-5 transmitter characteristics, receiver characteristics, and performance tests using the R&S CMU200 instrument. It covers tests such as maximum output power, code domain power accuracy, spectrum emission mask, error vector magnitude, channel quality indicator reporting, and HS-SCCH detection performance. The document also includes *.sav files for recalling predefined test configurations for a UE supporting band I and power class 3.
Jeb Tyrie is an accomplished reservoir engineer with over 30 years of experience working on field development projects around the world. He has led multi-disciplinary teams in reservoir simulation, asset management, and negotiating acquisitions and divestments of oil and gas assets. In addition to his technical expertise, Jeb is known for his ability to build relationships across disciplines to deliver projects. He currently works as an independent consultant through his company, Apec Ltd.
Peter Heath Merz has over 30 years of experience as a mechanical fitter and maintenance technician working on major projects in mining, oil and gas, processing and other industries. He has extensive qualifications and skills in areas such as hydraulics, pneumatics, welding, electrical fundamentals and health and safety. His most recent role is as a mechanical fitter for UGL Operations and Maintenance on the Chevron Gorgon LNG Project, where he performs maintenance on pressurized systems and rotating equipment. He has a strong safety record with no lost time injuries or accidents.
This document is El Paso Corporation's quarterly report filed with the SEC for the quarter ended March 31, 2008. It includes El Paso's condensed consolidated financial statements and notes. The financial statements show that for the quarter, El Paso reported net income of $219 million compared to $629 million in the prior year quarter. Revenue increased to $1.27 billion from $1.02 billion in the prior year. Cash flow from operations was $634 million for the quarter.
This annual report summarizes Cooper Cameron's financial performance in 2001 and provides an outlook for 2002. Key points include:
- Revenues increased 13% to $1.56 billion in 2001, while EBITDA grew 17% to $251 million. However, the stock price declined 40% due to industry uncertainty.
- Productivity improvement and cost reduction remain priorities through the Six Sigma program and other initiatives.
- Global energy demand is expected to grow long-term at 2-3% annually, though customers' spending may be flat or down slightly in 2002 from 2001 levels.
- Acquisitions in 2001 added to Cooper Cameron's portfolio, as mergers and acquisitions activity was stepped up.
Chiquita Brands International is a leading marketer and producer of bananas and other fresh produce. In 2004, the company achieved several financial and operational goals including 18% sales growth to $3.1 billion, a 23% increase in operating cash flow to $92 million, and an 11% reduction in total debt. The CEO discusses the company's strategy to strengthen its core banana business, pursue profitable growth through new acquisitions and segments, build a high-performance organization, and improve profitability in North America. Key goals for 2005 include completing the acquisition of Fresh Express to diversify product offerings and integrating the new leadership team to execute the long-term strategy.
PetSmart reported financial results for 2007 with net sales of $4.67 billion, up 10% from 2006. Net income was $258.7 million compared to $185.1 million in 2006. Earnings per share were $1.95. Services sales grew 22% to $458.7 million. PetSmart operated over 1,000 pet stores in the US and Canada and had total employees of over 43,000. The CEO discussed focusing on driving transactions and customer service in 2008 while managing expenses through cost controls and slowing expansion plans.
The document provides operating statistics for El Paso Corporation for the second quarter of 2006. It shows that consolidated net income was $150 million for the quarter. It also provides key financial data broken down by each of El Paso's business segments, including Pipelines, Exploration and Production, Marketing and Trading, Power and Field Services. For the Pipelines segment, earnings before interest and taxes was $335 million for the quarter, with total pipeline throughput of 18.154 billion cubic feet per day.
This document summarizes Spectra Energy's third quarter 2008 earnings review. Key points include:
- Ongoing fully diluted EPS was $0.49, a 29% increase over third quarter 2007. All business segments performed well due to robust commodity prices.
- Major 2008 expansion projects are substantially complete and expected to exceed targeted returns.
- Field Services earnings increased 67% from third quarter 2007 due to higher commodity prices and favorable hedge positions.
- The company has a healthy balance sheet and liquidity position with $1.7 billion in available credit as of September 30, 2008.
The document summarizes Spectra Energy's first quarter 2008 earnings review presentation. It highlights exceptional earnings growth in the first quarter of over 50% compared to the prior year. The company announced a share repurchase plan of up to $600 million and a proposed dividend increase. Segment results were strong across all business units due to factors like new pipeline projects, higher commodity prices, and favorable foreign exchange rates. The outlook for 2008 remains positive with expected 8% EPS growth assuming $90/barrel oil.
Cameron is an oil and gas equipment company that delivered record financial results in 2008 despite challenges. Revenues reached $5.8 billion, earnings per share were $2.60, and orders set new highs. However, volatility in oil prices and the economic downturn introduced uncertainty for 2009. Oil prices fell from nearly $150 per barrel to below $40 by year-end due to reduced demand and available supply outpacing consumption. Customers' cash flows declined and some faced financing difficulties, leading to expectations of less spending on developing new reserves in 2009.
The document outlines the corporate governance principles of Cameron International Corporation. It discusses the functions and responsibilities of the Board of Directors, including oversight of management, performance assessments, and succession planning. It also covers the composition of the Board, meeting procedures, Board committees, and other principles regarding conflicts of interest and periodic reviews. The principles are intended to define the Board's practices in key areas of corporate governance.
Spectra Energy reported ongoing earnings per share of $0.38 for the third quarter of 2007, up 32% from the third quarter of 2006. Key drivers of earnings growth included excellent results from U.S. Transmission, Distribution, and Western Canada Transmission and Processing segments. The company is confident it will achieve its 2007 financial goals and remains committed to delivering 8-10% total shareholder return through steady growth and an attractive dividend.
PetSmart reported financial results for 2007 with net sales of $4.67 billion, net income of $258.68 million, and operating cash flow of $332.72 million. The company operates over 1,000 pet stores and 97 PetSmart PetsHotel facilities. In a letter to stockholders, the CEO and COO discussed focusing on the core pet business, managing expenses through initiatives like reducing new store openings, and remaining committed to investments that differentiate PetSmart from competitors.
This document summarizes Spectra Energy's fourth quarter 2007 earnings review. It discusses 2007 financial accomplishments including $1.53 EPS and $1 billion in expansion capex. Segment earnings for Q4 2007 and full year 2007 are presented for U.S. Transmission, Distribution, Western Canada Transmission & Processing and Field Services. Forecasts for 2008 EPS and segment EBIT are provided. The outlook discusses an $1.56 EPS target for 2008 and plans for continued capex spending and project development through 2010 and beyond.
This document is El Paso Corporation's Form 10-Q filing for the quarterly period ended June 30, 2007. It provides financial statements and notes for El Paso, including the condensed consolidated balance sheet and statements of income for the quarter and six months ended June 30, 2007. Some key details include operating revenues of $1.2 billion for the quarter, net income of $166 million, and total assets of $19.6 billion as of June 30, 2007, which includes $17.7 billion in property, plant and equipment, net of depreciation.
Cooper Cameron Corporation is an international manufacturer of oil and gas equipment. In 1998, the company achieved record earnings but revenues and orders declined as oil and gas markets weakened. Cooper Cameron responded by acquiring other companies, focusing on new business units, investing in productivity improvements, reducing costs through layoffs and plant closures, and repurchasing stock. While earnings are under pressure due to the difficult market environment, cash generation remains a strength and the company is focused on managing through the downturn.
This document provides operating statistics and financial results for El Paso Corporation for the fourth quarter and full year of 2006. Some key details include:
- For the fourth quarter of 2006, El Paso reported net income of $166 million compared to a net loss of $162 million for the same period in 2005.
- For the full year 2006, net income was $475 million, an improvement from a net loss of $606 million in 2005.
- Earnings were positively impacted by higher earnings from the Pipelines, Exploration and Production, and Field Services segments.
- The results show improvement in El Paso's overall financial performance in 2006 compared to 2005.
Cooper Cameron Corporation is an international manufacturer of oil and gas equipment. In 2004, the company achieved record revenues of over $2 billion. Key highlights included highest-ever backlog and orders, 40% increase in earnings per share, and over $170 million spent on acquisitions. While industry conditions were stable with modest growth, the company believes it is well-positioned for various market scenarios through its financial strength and diverse business segments.
The document summarizes Spectra Energy's second quarter 2008 earnings review, noting that earnings exceeded expectations due to strong performance across all business segments driven by robust commodity prices. Key highlights included a 47% increase in ongoing EPS compared to the previous year and earnings contributions from major expansion projects. Management also provided forward guidance around expected dividend yield and total shareholder returns.
The document is PETsMART's 2002 annual report. It summarizes that in 2002:
- PETsMART grew its total sales to $2.7 billion and net income increased to $88.9 million.
- Margins increased to 29.2% and pet services sales grew 29%.
- The company completed transforming its stores into the new format and building out its distribution system.
- Going forward, PETsMART plans to focus on growing pet services, testing new concepts like pet boarding, and continuing to improve customer experience.
This document provides a project update on the Açu Industrial Complex shipbuilding unit in Rio de Janeiro, Brazil. Key details include:
- Construction is underway on infrastructure like buildings, quays, and utilities, with partial deliveries expected starting in 2012.
- Financing of $1.9 billion is secured from the Merchant Marine Fund for the project.
- FPSO OSX-1 has begun operations for OGX, and schedules and financing plans are outlined for additional FPSOs and production units through 2014.
- Partnerships with Korean companies and training institutes are helping to develop the local workforce and supply chain for the offshore and shipbuilding industries in Brazil.
Doug Foshee, President and CEO of El Paso Corporation, presented at the Lehman Energy Conference on September 7, 2005. El Paso has made significant progress in asset sales and debt reduction ahead of schedule and is narrowing its focus to pipelines and exploration and production. The company's pipeline business is performing well, and a turnaround is imminent for the exploration and production segment. Recent discoveries in the Gulf of Mexico and successful results from new projects in Texas indicate the exploration and production turnaround is gaining momentum, with production response expected to lag drill results but increase going forward.
Doug Foshee, President and CEO of El Paso Corporation, presented at the Lehman Energy Conference on September 7, 2005. El Paso has made significant progress in asset sales and debt reduction ahead of schedule and is narrowing its focus to pipelines and exploration and production. The company's pipeline business is performing well, and a turnaround is imminent for the exploration and production segment. Recent discoveries in the Gulf of Mexico and success of lower risk prospects in Texas point to production growth and increased reserves and cash flow from exploration and production areas.
This document provides a project update for an offshore shipbuilding complex in Brazil. It includes details on licensing and construction schedules, estimated partial deliveries from 2012-2014, financing from the Merchant Marine Fund, and current order books for FPSOs and wellhead platforms. Pictures show progress on constructing the industrial complex, canals, breakwaters and terrain work. Ship specifications and crew details are given for the FPSO OSX-1, and systems are outlined for the OSX-2/WHP-1 project and planned OSX-3/WHP-2 project.
18 09-2008 José Miranda Formigli Filho na Rio oil and Gas Expo Conference no ...Petrobras
The presentation discusses development plans for pre-salt oil fields in the Santos Basin offshore Brazil. It provides technical details on key fields like Tupi and Iara, outlining the challenging reservoir characteristics, production design for Tupi's pilot project, and technological hurdles. It then summarizes Petrobras' strategic approach to infrastructure development through its PLANSAL program, focusing on standardized production platforms, subsea pipelines, and contracting drilling rigs to enable significant production by 2017.
The document provides a project update on the Açu Shipyard in Brazil. It discusses the shipyard's licensing process and outlines its site layout. Advantages of the Açu site over an alternative in Biguaçu are presented, including lower construction costs from larger steel plates and better weather. The capital expenditure budget is given along with details of OSX's current order book from OGX, including timelines and costs for 5 FPSOs and 2 WHPs. Construction progress updates are provided for the first FPSO.
ESS-Bilbao Initiative Workshop. SNS Linac experienceESS BILBAO
This document discusses the history and operation of the Spallation Neutron Source (SNS), a neutron scattering facility located at Oak Ridge National Laboratory (ORNL). It describes the various components of the SNS including the ion source, radio frequency quadrupole, drift tube linac, coupled cavity linac, and superconducting linac. It provides timelines showing the construction and commissioning of the different components from 2002 to 2008. Charts are included showing beam power and accumulated fluence for different parts of the accelerator.
This document provides a project update for OSX Shipbuilding's Açu Industrial Complex in November 2011. Key details include:
- Construction is underway on infrastructure and buildings at the complex, including quays, dry docks, industrial buildings, and administrative facilities.
- Licensing and permitting is on schedule, with preliminary licenses issued and installation licenses expected in mid-2011.
- The shipbuilding unit is on track to deliver areas for jacket and module assembly starting in late 2012 through 2014.
- Financing is in place through the Merchant Marine Fund to cover 80% of the project's capital expenditures.
- FPSO OSX-1 is undergoing customization work and is scheduled to arrive at
The document provides a project update for November 2011 regarding OSX's shipbuilding operations. Key details include:
- Construction is underway at the UCN Açu industrial district site for modules, quays, buildings and other infrastructure to support FPSO integration.
- The FPSO OSX-1 is scheduled to arrive in Rio de Janeiro in October 2011 and achieve first oil for OGX in December 2011.
- Other FPSOs and production units are in various stages of procurement, conversion, and scheduled delivery between 2012-2014 to support OGX's production plans.
- Project accelerators like standardizing equipment and using flexible engineering are aimed to reduce costs and timelines for future FPS
The document provides a project update on the Açu Shipyard in Brazil. Key points include:
1) Construction is underway and licenses have been obtained. 2) An industrial district is being established to cluster heavy industry. 3) The shipyard setup includes areas for platform construction, modules, and administration buildings. 4) Advantages of the site include welding cost savings, optimal weather, soil conditions, and proximity to oil fields. 5) Current capital expenditures and order books for FPSOs and WHPs are outlined.
This document provides a project update for OSX Shipbuilding in November 2011. It discusses the construction progress of the UCN Açu industrial district, including licensing schedules and estimated delivery dates for construction areas and sections. It also provides details on the current order book status for OGX, including specifications and estimated delivery dates for FPSOs and wellhead platforms. Construction updates are given for FPSO OSX-1, the OSX-2/WHP-1 system, and the planned OSX-3/WHP-2 system.
This document provides a project update for November 2011. It summarizes progress on several fronts:
1) Construction is underway at the UCN Açu shipbuilding facility, with key areas and infrastructure under development. Licensing was obtained and construction began in July 2011.
2) Several FPSOs and production units are under construction or nearing completion. FPSO OSX-1 will achieve first oil for OGX in December 2011. OSX-2, OSX-3, and related production units are progressing on schedule.
3) Plans are outlined for qualifying thousands of personnel for heavy industry jobs through the ITN training program by end of 2012, using facilities in Campos and other cities.
The document provides Royal Dutch Shell's fourth quarter and full year 2008 results. Key highlights include 2008 CCS earnings of $31.4 billion and a 16% increase in CCS EPS. Capital discipline resulted in $32 billion in net capital expenditure and $13 billion returned to shareholders. New project startups contributed to portfolio progress, while $7 billion in disposals and $9 billion in acquisitions rebalanced the portfolio. Shell will take a prudent approach to the economic downturn, maintaining its strategy while managing costs and affordability, with 2009 net capital expenditure projected to be $31-32 billion.
The City Council meeting presentation summarized the Oak Harbor Facilities Plan and next steps. It reviewed two preferred sites - Windjammer Park and Crescent Harbor North - for further evaluation. Both sites were recommended to use a membrane bioreactor process, with activated sludge also considered for Crescent Harbor North. Treated effluent would be discharged into Oak Harbor Bay, with opportunities for beneficial reuse to be evaluated. Next steps included developing more detailed site comparisons and cost estimates to differentiate the preferred alternatives.
1) The document provides a project update for OSX Shipbuilding in September 2011. It summarizes progress on the FPSO OSX-1, including its sail away ceremony in early October 2011 and journey to Brazil.
2) Details are given on the OSX-2/WHP-1 system timelines, with the FPSO OSX-2 under construction in Singapore and the WHP-1 to start construction in 4Q 2011 for load out in 2Q 2013.
3) Financing is committed for both projects through long term debt with major banks and contractors signed or under negotiation for engineering and construction.
1) The document provides a project update for OSX Shipbuilding in September 2011, including progress on the FPSO OSX-1 project. FPSO OSX-1 has achieved milestones like sail away and receiving its preliminary license.
2) Details are given on the construction timeline and financing for the Açu Shipyard in Brazil, with over $1.9 billion being spent on dredging, buildings, and infrastructure.
3) Upcoming projects discussed include the FPSO OSX-2 and WHP-1 system for OGX's offshore fields, with construction of both underway.
The document provides updates on several projects at OSX shipbuilding. It summarizes that:
1) FPSO OSX-1 has achieved sail away and is scheduled to arrive in Brazil in early October. OSX-2/WHP-1 engineering is underway with construction starting in late 2011.
2) OSX-3/WHP-2 timelines have VLCC acquisition and engineering beginning in 2012.
3) Standardization efforts and the OSXflex engineering concept aim to accelerate future FPSO delivery timelines starting with OSX-4 and OSX-5.
4) ITN phase 1 will provide workforce training with enrollment through late 2011 and classes starting in early 2012
SM Energy has a significant position in the Eagle Ford shale play in South Texas, including approximately 165,000 net operated acres and 85,000 net non-operated acres in a joint venture with Anadarko. In the first quarter of 2011, SM Energy's net production from the Eagle Ford was 91.6 MMCFE/d from its operated acres and 43.5 MMCFE/d from its non-operated acres. SM Energy plans to increase drilling and production over the course of 2011 by ramping up rig count and completing additional wells.
The document provides a project update for OSX Shipbuilding in September 2011. Key highlights include:
- FPSO OSX-1 is scheduled to arrive in Brazil in early October after its sail away ceremony. Financing is committed for FPSO OSX-2 and construction is underway.
- WHP-1 and WHP-2 construction will begin in 4Q 2011. Financing is being finalized for FPSO OSX-3, WHP-1 and WHP-2.
- The Itamarati Naval Technology Institute aims to qualify 3,100 personnel by end of 2012 to support the shipyard workforce, utilizing existing technical schools.
- Upcoming milestones include the
Byron Wright, Vice President of Corporate Development at El Paso Corporation, presented at the Wachovia LNG Conference on November 13, 2007. He discussed the long-term outlook for the North American gas market, noting rising costs across the liquefaction, transportation, and regasification chain. Wright also examined opportunities and threats from LNG for El Paso, including several Southeast LNG projects. He provided an update on Elba Island's infrastructure expansion to increase regasification capacity through 2010-2012.
Similar to spectra energy Appendix2_2009ProjectFinal (20)
This investor presentation provides an overview of Jarden Corporation. In 3 sentences: Jarden is a diversified global consumer products company with a portfolio of over 100 brands across multiple segments. It has established processes for continuous improvement to drive organic growth and integrate acquisitions. The presentation discusses Jarden's strategy, brand strengths, growth approach, operating culture, and framework for ongoing process improvement.
This investor presentation provides an overview of Jarden Corporation. In 3 sentences: Jarden is a diversified global consumer products company with a portfolio of over 100 brands across multiple segments. It has established resilient business platforms and market-leading brands. Jarden's growth strategy focuses on organic growth through increased investment and acquisitions of core, tuck-in businesses that strategically fit with its international focus.
Alltrista Corporation is a leading provider of niche consumer products used for home food preservation. In 2001, Alltrista undertook strategic initiatives to focus on its core consumer products business, including the divestiture of non-core businesses. As a result, Alltrista reported a net loss of $85.4 million for 2001 due to special charges associated with divestitures and restructuring costs. However, the divestitures and restructuring positioned Alltrista to focus on growing its consumer products business through the planned acquisition of Tilia International, which would make Alltrista the market leader in home vacuum packaging systems.
Alltrista sold off non-core businesses in 2001 to focus on consumer products, especially those related to home food preservation. This included brands for canning and vacuum packaging. The divestitures removed financial burdens and generated tax refunds. Alltrista also closed an office to reduce costs. Going forward, the strategy is to leverage leadership in niche consumer product markets to drive growth, with an acquisition of Tilia planned to expand into vacuum packaging.
This document is Jarden Corporation's 2002 Annual Report. It provides an overview of the company's performance in 2002 including financial highlights and summaries of its main business segments: branded consumables, home vacuum packaging, plastic consumables, and other. It discusses the company's acquisition of Tilia and strategic direction to build a world-class consumer products company with leading market shares in niche branded consumable products.
This document is Jarden Corporation's 2002 Annual Report. It provides an overview of the company's performance in 2002 including financial highlights and summaries of its main business segments: branded consumables, home vacuum packaging, plastic consumables, and other. It discusses the company's acquisition of Tilia and strategic direction to build a world-class consumer products company with leading market shares in niche branded consumable products.
The 2003 annual report summarizes Jarden Corporation's financial and operating results for the year. It discusses record financial performance with revenues surpassing $500 million and cash flow from operations exceeding $70 million. It also highlights the acquisitions of Diamond Brands and Lehigh Consumer Products, which added over $250 million in annual revenue. The Chairman expresses optimism that 2004 will be another record year as the company continues executing its strategy of building a portfolio of market-leading consumer brands.
The 2003 annual report summarizes Jarden Corporation's financial and operating results for the year. It discusses record financial performance with revenues surpassing $500 million and cash flow from operations exceeding $70 million. It also highlights the acquisitions of Diamond Brands and Lehigh Consumer Products, which added over $250 million in annual revenue. The Chairman expresses optimism that this is just the beginning and that Jarden will continue executing its strategy to deliver strong growth.
The document summarizes Jarden Corporation's 2004 annual report. It discusses record financial results in 2004, including 5% organic sales growth and 18% EBITDA margins. It also highlights acquisitions of The United States Playing Card Company and American Household, Inc., owner of brands like Coleman and Sunbeam. The acquisition of American Household tripled Jarden's revenue base and provides opportunities for margin expansion and earnings growth.
The document is Jarden Corporation's 2004 annual report. It discusses Jarden's record financial results in 2004, including organic sales growth of 5% and EBITDA margins of 18% excluding non-cash charges. It also summarizes two acquisitions completed in 2004 - The United States Playing Card Company and American Household, Inc. - and how they will help Jarden expand its business and drive margin improvement towards a target of 15% over five years. The report highlights the company's focus on innovation through new product introductions and maintaining financial flexibility.
This annual report summarizes Jarden Corporation's financial performance in 2005. It discusses the company's acquisition of American Household and The Holmes Group, which expanded its consumer solutions segment. It also highlights initiatives across its various business segments, including new product introductions, employee programs, and efforts to improve operations. The Chairman expresses pride in the company's strong growth and record results in 2005, with revenues reaching $3.2 billion, nearly halfway to its goal of doubling EPS within 3 to 5 years.
This annual report summarizes Jarden Corporation's financial performance in 2005. It discusses the company's acquisition of American Household and The Holmes Group, which expanded its consumer solutions segment. It also highlights initiatives across its various business segments, including new product introductions, employee programs, and efforts to improve operations. The Chairman expresses pride in the company's strong growth and record results in 2005, with revenues reaching $3.2 billion, nearly halfway to its goal of doubling EPS within 3 to 5 years.
Jarden Corporation reported record financial performance in 2006, with net sales increasing 21% to $3.85 billion and consolidated segment earnings growing 23% to $442 million. The annual report provides an overview of the company's three business segments - Branded Consumables, Consumer Solutions, and Outdoor Solutions - and their financial contributions. It also highlights new products, operational efficiencies, and initiatives around veterans hiring, outdoor recreation, and sustainability. Chairman Martin Franklin expressed confidence that the company is on track to double adjusted earnings per share within three to five years.
Chiquita Brands experienced a difficult year in 1999 due to severe banana price declines in Europe resulting from an overallocation of EU banana import licenses. Weak economies in Eastern Europe and Russia also negatively impacted pricing. Operating income declined compared to 1998. However, the company's Processed Foods business saw improved earnings. Chiquita completed a workforce reduction to streamline operations and generate annual savings. The EU banana import regime remains in noncompliance with international trade laws and continues to be challenged at the WTO.
Chiquita Brands International announced a proposed restructuring of $862 million in publicly-held debt discussed in the annual report. If successful, the restructuring would convert a significant portion of the debt into common equity, diluting existing shareholders. The restructuring process is still in the early stages and will continue past the customary May date for the annual shareholder meeting, which has been rescheduled for September 12, 2001. Shareholders will receive proxy materials in advance of the September meeting. The company's website and SEC filings provide information on the restructuring, operations, and other developments.
This document provides an update on Chiquita's progress against its three-year strategic plan to focus on its core banana business, drive better performance through cost reductions, and strengthen its balance sheet. Some key updates include selling non-core assets to focus on bananas, implementing cost saving programs with a target of $70 million in annual savings by 2005, reducing debt by over $100 million in 2002, and plans to invest cash flow into new growth opportunities once debt targets are met.
This document is Chiquita Brands International's 2003 annual report. It summarizes the company's financial performance and operational highlights for 2003. The key points are:
- Operating income doubled to $140 million compared to previous periods, due in part to asset sales. Debt was reduced by $122 million, achieving a $400 million target early.
- Productivity increased 12% on owned banana farms and a new fresh cut fruit business was successfully launched. Labor and food safety certifications were also earned.
- The company aims to leverage its brand and expand into higher-margin fruit businesses, targeting 30% of revenues from new businesses in 5 years. Transformation will include a focus on marketing and new talent.
This document is Chiquita Brands International's 2005 Annual Report. Some key highlights include:
- Net sales grew 27% to a record $3.9 billion in 2005. Operating income increased 66% to $188 million and net income grew 138% to $131 million.
- The company continued strengthening its management team and board. It also acquired Fresh Express, the US market leader in value-added salads.
- In Europe, Chiquita reinforced its brand leadership in the face of a controversial new EU banana import regime. In North America, it achieved its first meaningful increase in banana pricing in over 15 years.
- Fresh Express accelerated its market leadership in retail value-added salads to a
This document is Chiquita Brands International's 2006 Annual Report. It summarizes the company's financial highlights for 2006, including a net loss of $96 million compared to a net income of $131 million in 2005. It also discusses challenges the company faced in 2006, such as higher EU tariffs on banana imports and an E. coli outbreak affecting the fresh-cut industry. The letter from the Chairman and CEO provides additional context on the company's operational and strategic progress in 2006 despite facing difficulties that impacted financial performance.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck mari...Donc Test
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
TEST BANK Principles of cost accounting 17th edition edward j vanderbeck maria r mitchell.docx
Enhancing Asset Quality: Strategies for Financial Institutionsshruti1menon2
Ensuring robust asset quality is not just a mere aspect but a critical cornerstone for the stability and success of financial institutions worldwide. It serves as the bedrock upon which profitability is built and investor confidence is sustained. Therefore, in this presentation, we delve into a comprehensive exploration of strategies that can aid financial institutions in achieving and maintaining superior asset quality.
2. 2008 Projects In-Service
Expansion Project Segment Est. CapEx ($MM) In-Service
Southeast Supply Header UST 625 3Q08
M&NE Phase IV (CanaportTM) Expansion UST 290 4Q08 / 1Q09
Ramapo UST 260 4Q08
TIME II (Phase II) UST 90 4Q08
Gulfstream Phase IV UST (1/2 SEP) 95 4Q08
Gulfstream Phase III UST (1/2 SEP) 60 3Q08
Egan Storage (Caverns 4) UST (1/2 SEP) 60 3Q08
Glade Spring Expansion UST (SEP) 20 4Q08
Pine River Phase 3 WC 50 4Q08
West Doe Phase II WC 5 4Q08 / 1Q09
Dawn Storage Deliverability Dist 120 4Q08 / 1Q09
Dawn-Trafalgar Pipeline – Phase III Dist 75 4Q08
Tribute Storage Dist 35 2Q08
6 Others < $20 million Various 50 Various
Total 2008 Projects $ 1.8 B
Total 2008 EBIT $ ~95 million
Total 2009 Incremental EBIT $ ~130 million
2008 projects deliver EBIT of about $225 million – higher than our original
expectations and our targeted 10-12% ROCE range
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
3. Significant Growth Projects 2009
Expansion Project Segment Status Est. CapEx ($MM) In-Service
Steckman Ridge Storage UST Execution 140 1H09
Algonquin J-2 Expansion UST Execution 35 2H09
Northern Bridge UST Execution 45 2H09
Egan Storage (Cavern 3) UST (1/2 SEP) Execution 110 2H09-1H10
Moss Bluff Storage Expansion (Cavern 4) UST (1/2 SEP) Execution 55 2H09-2H11
Sarnia Airport Storage UST Execution 20 2H09
Heritage Storage Dist Execution 15 2H09
West Doe Phase II WC Execution 40 1H09
West Doe Phase III WC Execution 60 2H09
South Peace Pipeline WC Execution 130 2H09
Total 2009 Projects in Execution $ 650 MM
• “Execution” – agreement with shippers completed, currently in permitting process and/or in construction
• Segments:
– UST = U.S. Transmission
– UST (SEP) = Part of U.S. Transmission but is Spectra Energy Partners project
– Dist = Distribution
– WC = Western Canada Transmission and Processing
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
4. Well-Positioned for Growth
Steckman Ridge Storage
• Strategically located storage
capacity along Texas Eastern
system in Bedford County, PA
• Proposed 12 Bcf of storage, 1
compressor station, 7 miles of
16” pipe and 4 miles of lateral
pipe
• 50/50 partnership with New
Jersey Resources
• FERC approval received 6/08
• Est. capital expenditures: $140
million (Spectra Energy’s share)
• In-service 1H09
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
5. Well-Positioned for Growth
AGT J-2 Lateral Expansion
• Location: Medford and
Somerville, Massachusetts
• Scope: Approximately 2 miles of
14-inch diameter loop pipeline
• 140 Mmcf/day capacity
• Interconnects:
•NSTAR Gas Company
• Ownership Interest: 100 percent
Spectra Energy
• Estimated CapEx: $35 million
• In-service: 2H09
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
6. Well-Positioned for Growth
Northern Bridge
• 150 Mmcf/d of new takeaway
capacity from REX at Clarington,
Oh to Oakford/Delmont, PA
• Total project facilities include
installation of new HP at Holbrook,
PA and uprate of existing HP at
Uniontown, PA (10,666 HP total)
• Long term firm contracts underpin
this expansion
• Customers:
•BP Energy Company
•Merrill Lynch Commodities
• Estimated CapEx: $45 million
• In-service: 2H09
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
7. Well-Positioned for Growth
Egan & Moss Bluff Storage Expansions
• Egan and Moss Bluff are
strategically located storage along
the Gulf Coast interconnecting with
7 and 5 major pipelines,
respectively, including Texas
Eastern
• Egan Cavern #3 Project:
– Add 8 Bcf of capacity and 16
miles of 24” pipe
– Est. capital expenditures: $110
million–2H09, $50 million–1H10
– Capacity phased-in service
2H09-1H10
• Moss Bluff Cavern #4 Project:
– Add 6.5 Bcf of capacity
– Est. capital expenditures $55
million–2H09, $60 million–2H11
– Capacity phased-in service
2H09-2H11
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
8. Well-Positioned for Growth
Dawn Storage Projects
Dawn Area Storage:
• Sarnia Airport
• 50/50 partnership – over 5 Bcf of
capacity - 3 new wells, compressor
plant, construct 11 miles of pipeline
• Est. CapEx: $20 million (50% share)
• In-service 2H09
• Heritage (Sombra)
• Acquired about 1 Bcf of capacity
• Est. capital expenditures: $15 million
• In-service 2H09
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
9. Well-Positioned for Growth
West Doe – Phase II & III
West Doe Phase II
• Expansion to existing West Doe gas plant
in Peace River Arch area of northeast BC
• Additional gas processing train, gathering
pipeline and sales gas tie-ins to process
an incremental 30 mmcf/d
• Est. capital expenditures of $40 million
• In-service 1H09
West Doe Phase III
• Further expansion to existing West Doe
gas plant
• Additional gas processing train and sales
gas tie-ins to process incremental 45
mmcf/d
• Est. capital expenditures of $60 million
• In-service 2H09
• Total capacity of West Doe at 2009 year-
end of ~100 mmcf/d
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009
10. Well-Positioned for Growth
South Peace Pipeline
• Proposed pipeline and plant
modifications in northeast B.C. to
connect South Peace resource area
to McMahon processing plant
• Over 55 miles of 20” pipeline with
approximately 220 Mmcf/day capacity
• Est. capital expenditures about $130
million
• Purchase of Storm Pipeline completed
in 2007 for $15 million
• In-service 2H09
Spectra Energy 4Q08 & 2008 Review and 2009 Outlook | February 5, 2009