A significant regulatory milestone accomplished as NuScale readies to bring its SMR technology to market this decade
PORTLAND, Ore.--(BUSINESS WIRE)--NuScale Power announced today that the U.S. Nuclear Regulatory Commission (NRC) completed Phase 6 review—the last and final phase—of the Design Certification Application (DCA) for the company’s groundbreaking small modular reactor (SMR) with the issuance of the Final Safety Evaluation Report (FSER). The FSER represents completion of the technical review and approval of the NuScale SMR design. With this final phase of NuScale’s DCA now complete, customers can proceed with plans to develop NuScale power plants with the understanding that the NRC has approved the safety aspects of the NuScale design.
“This is a significant milestone not only for NuScale, but also for the entire U.S. nuclear sector and the other advanced nuclear technologies that will follow. This clearly establishes the leadership of NuScale and the U.S. in the race to bring SMRs to market. The approval of NuScale’s design is an incredible accomplishment and we would like to extend our deepest thanks to the NRC for their comprehensive review, to the U.S. Department of Energy (DOE) for its continued commitment to our successful private-public partnership to bring the country’s first SMR to market, and to the many other individuals who have dedicated countless hours to make this extraordinary moment a reality,” said NuScale Chairman and Chief Executive Officer John Hopkins. “Additionally, the cost-shared funding provided by Congress over the past several years has accelerated NuScale’s advancement through the NRC Design Certification process. This is what DOE’s SMR Program was created to do, and our success is credited to strong bipartisan support from Congress.”
NuScale’s DCA was completed in December 2016 and accepted by the NRC in March 2017. The review process demonstrated both the simplicity of NuScale’s SMR design and the thoroughness of the company’s application. As an example, during the rigorous Phase 1 review process, which included 115,000 hours spent reviewing the DCA, the NRC issued far fewer requests for additional information compared to other design certification applications. NuScale spent over $500 million, with the backing of Fluor, and over 2 million labor hours to develop the information needed to prepare its DCA application. The company also submitted 14 separate Topical Reports in addition to the over 12,000 pages for its DCA application and provided more than 2 million pages of supporting information for NRC audits.
“The NRC embraced the challenge of reviewing the first-ever small modular reactor DCA, which at the time not only marked an important milestone for NuScale, but also for the nuclear industry as a whole. NuScale appreciates the dedication, time, and effort of the NRC throughout this multi-year process, often with reviews completing ahead of schedule. As a long-time former NRC employee, including as an executive in the Office of New Reactors, I can say that this early issuance of the FSER is truly a credit to everyone at the NRC—including technical review and project staff, management, and the Commission,” said NuScale Vice President of Regulatory Affairs Tom Bergman.
NuScale continues to maintain strong program momentum toward commercialization of its SMR technology, including supply chain development, standard plant design, planning of plant delivery activities, and startup and commissioning plans. The company fields growing domestic and international customer interest from those who see the NuScale power plant as a long-term solution for providing reliable, safe, affordable, and operationally flexible carbon-free energy for diverse applications. NuScale has signed agreements with entities in the U.S., Canada, Romania, the Czech Republic, and Jordan. Similar agreements with other entities are being negotiated.
About NuScale Power
NuScale Power has developed a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, and other process heat applications. This groundbreaking small modular reactor (SMR) design features a fully factory-fabricated NuScale Power Module™ capable of generating 60 MW of electricity using a safer, smaller, and scalable version of pressurized water reactor technology. NuScale's scalable design—a power plant can house up to 12 individual power modules—offers the benefits of carbon-free energy and reduces the financial commitments associated with gigawatt-sized nuclear facilities. The majority investor in NuScale is Fluor Corporation, a global engineering, procurement, and construction company with a 60-year history in commercial nuclear power.
NuScale is headquartered in Portland, OR and has offices in Corvallis, OR; Rockville, MD; Charlotte, NC; Richland, WA; and London, UK. Follow us on Twitter: @NuScale_Power, Facebook: NuScale Power, LLC, LinkedIn: NuScale-Power, and Instagram: nuscale_power. NuScale has a new logo, brand, and website. Watch the short video.
Media Contact:
Diane Hughes, NuScale Vice President, Marketing & Communications
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(C) 503-270-9329
HOUSTON--(BUSINESS WIRE)--SANDRIDGE PERMIAN TRUST (NYSE: PER) (the “Trust”) today confirmed that it has received an open letter from PEDEVCO Corp. addressed to the Trust, The Bank of New York Mellon Trust Company, N.A., as trustee of the Trust (the “Trustee”), the holders of the common units of the Trust (“Trust units”), and Avalon Energy, LLC (“Avalon”), as a holder of Trust units and the operator of the assets underlying the Trust, regarding PEDEVCO’s interest in acquiring all of the publicly-traded Trust units via an exchange offer and subsequent merger. On August 26, 2020, in response to an indication of interest sent by PEDEVCO directly to the Trustee, the Trustee informed PEDEVCO that because the trust agreement governing the Trust does not authorize the Trustee to enter into an arrangement with an offer or with respect to a negotiated exchange offer or tender offer for the outstanding Trust units, the Trustee declined to enter into discussions with PEDEVCO regarding the transactions contemplated by PEDEVCO’s indication of interest.
The open letter expresses an indication of interest and does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval or an exchange offer. The open letter specifies that if any such offer, solicitation or exchange offer is made, PEDEVCO will file with the Securities and Exchange Commission (the “SEC”) a registration statement, a proxy statement and/or a Schedule TO.
If any such offer is made, the Trustee will file with the SEC a Solicitation/Recommendation Statement on Schedule 14D-9 to advise holders of Trust units as to whether the Trustee recommends acceptance or rejection of the offer, expresses no opinion and remains neutral to the offer, or is unable to take a position with respect to the offer, and the reasons for that position or inability to take a position.
The Trustee recommends that holders of Trust units defer making any investment decision with respect to their Trust units until such time. The Trustee also recommends that holders of Trust units, before making any investment decision with respect to their Trust units, consider the Schedule 13D/A that Avalon and Montare Resources I, LLC jointly filed with the SEC on August 27, 2020.
SandRidge Permian Trust
The Bank of New York Mellon Trust Company, N.A., as Trustee
Sarah Newell
1(512) 236-6555
DUBLIN--(BUSINESS WIRE)--The "CO2 EOR - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The publisher brings years of research experience to the 5th edition of this report. The 137-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global CO2 EOR Market to Reach $4.6 Billion by 2027
Amid the COVID-19 crisis, the global market for CO2 EOR estimated at US$3.9 Billion in the year 2020, is projected to reach a revised size of US$4.6 Billion by 2027, growing at a CAGR of 2.6% over the period 2020-2027.
The U.S. Market is Estimated at $1.1 Billion, While China is Forecast to Grow at 4.8% CAGR
The CO2 EOR market in the U.S. is estimated at US$1.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$929.9 Million by the year 2027 trailing a CAGR of 4.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.6% and 1.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.2% CAGR.
Competitors identified in this market include, among others:
Key Topics Covered:
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
Total Companies Profiled: 41
For more information about this report visit https://www.researchandmarkets.com/r/lljy3l
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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The facility is the first to use modular technology in the United States
HOUSTON--(BUSINESS WIRE)--The Elba Liquefaction Company, L.L.C. (ELC), a joint venture between Kinder Morgan, Inc. (NYSE: KMI) and EIG Global Energy Partners (EIG), announced today the commercial in-service of Unit 7, the last of 10 Movable Modular Liquefaction units of the approximately $2 billion Elba Liquefaction project. Previously only a liquefied natural gas (LNG) import terminal, the Elba Island Liquefaction facility is now also producing LNG for export purposes.
“The development of this facility was a tremendous undertaking, and we are extremely pleased to have this project in service,” said Kinder Morgan Natural Gas East Region President Kimberly Watson. “The team coordinated with our customer and local, state and federal agencies to put in service a new technology for modular liquefaction units. Its functionality as a bi-directional import/export facility makes it ideal for the changing flow patterns that can occur from time to time.”
Now in full commercial operation, the Elba Island Liquefaction facility has a total capacity of approximately 2.5 million tonnes per year of LNG for export, which is equivalent to approximately 350 million cubic feet (MMcf) per day of natural gas.
ELC, a KMI joint venture with EIG as a 49 percent partner, owns the liquefaction units and other ancillary equipment. Certain other facilities associated with the project are 100 percent owned by KMI. The project is supported by a 20-year contract with Shell LNG NA, LLC, who is subscribed to 100 percent of the liquefaction capacity.
About Kinder Morgan, Inc.
Kinder Morgan, Inc. (NYSE: KMI) is one of the largest energy infrastructure companies in North America. Access to reliable, affordable energy is a critical component for improving lives around the world. We are committed to providing energy transportation and storage services in a safe, efficient, and environmentally responsible manner for the benefit of people, communities and businesses we serve. We own an interest in or operate approximately 83,000 miles of pipelines and 147 terminals. Our pipelines transport natural gas, refined petroleum products, crude oil, condensate, CO2 and other products, and our terminals store and handle various commodities including gasoline, diesel fuel chemicals, ethanol, metals and petroleum coke. For more information, please visit www.kindermorgan.com.
About EIG
EIG is a leading institutional investor to the global energy sector with $22.9 billion under management as of June 30, 2020. EIG specializes in private investments in energy and energy-related infrastructure on a global basis. During its 38-year history, EIG has committed over $34.2 billion to the energy sector through more than 360 projects or companies in 36 countries on six continents. EIG’s clients include many of the leading pension plans, insurance companies, endowments, foundations and sovereign wealth funds in the U.S., Asia and Europe. EIG is headquartered in Washington, D.C. with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul. For additional information, please visit EIG’s website at www.eigpartners.com.
Important Information Relating to Forward-Looking Statements
This news release includes forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities and Exchange Act of 1934. Generally the words “expects,” “believes,” anticipates,” “plans,” “will,” “shall,” “estimates,” and similar expressions identify forward-looking statements, which are not historical in nature. Forward-looking statements in this news release include express or implied statements concerning the anticipated benefits of the Elba Island Liquefaction facility and expectations regarding energy imports and exports. Forward-looking statements are subject to risks and uncertainties and are based on the beliefs and assumptions of management, based on information currently available to them. Although KMI believes that these forward-looking statements are based on reasonable assumptions, it can give no assurance as to when or if any such forward-looking statements will materialize or their ultimate impact on KMI’s operations or financial condition. Important factors that could cause actual results to differ materially from those expressed in or implied by these forward-looking statements include the risks and uncertainties described (under the headings “Risk Factors” and “Information Regarding Forward-Looking Statements” and elsewhere) in KMI’s reports filed with the Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year-ended December 31, 2019, its Quarterly Reports on Form 10-Q for the three-month periods ended March 31, 2020 and June 30, 2020 and its subsequent reports, which are available through the SEC’s EDGAR system at www.sec.gov and on KMI’s website at ir.kindermorgan.com. Forward-looking statements speak only as of the date they were made, and except to the extent required by law, KMI undertakes no obligation to update any forward-looking statement because of new information, future events or other factors. Because of these risks and uncertainties, readers should not place undue reliance on these forward-looking statements.
Kinder Morgan Contacts
Media Relations
Katherine Hill
(713) 369-9176
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Investor Relations
(800) 348-7320
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www.kindermorgan.com
EIG Global Energy Partners
Media Contacts
Sard Verbinnen & Co.
Kelly Kimberly / Brandon Messina
(212) 687-8080
This order marks the largest electric vehicle commitment for Mercedes-Benz Vans to date
The electric vehicles from this order will begin making deliveries to customers in 2020, helping to save thousands of metric tons of carbon
The Climate Pledge, co-founded by Amazon and Global Optimism, is a commitment to reach net zero carbon by 2040—ten years ahead of the Paris Agreement
SEATTLE--(BUSINESS WIRE)--Today, Amazon (NASDAQ: AMZN) announced it is adding more than 1,800 electric vehicles from Mercedes-Benz Vans to its delivery fleet in Europe this year. Amazon and Mercedes-Benz share a commitment to reduce emissions from the transportation sector, and Mercedes-Benz also announced today it has joined The Climate Pledge, which calls on signatories to be net zero carbon across their businesses by 2040—a decade ahead of the Paris Agreement goal of 2050.
“We welcome the bold leadership demonstrated by Mercedes-Benz by signing up to The Climate Pledge and committing to ambitious action to address climate change. We need continued innovation and partnership from auto manufacturers like Mercedes-Benz to decarbonize the transportation sector and tackle the climate crisis,” said Jeff Bezos, Amazon founder and CEO. “Amazon is adding 1,800 electric delivery vehicles from Mercedes-Benz as part of our journey to build the most sustainable transportation fleet in the world, and we will be moving fast to get these vans on the road this year.”
“At Mercedes-Benz, we have set ourselves the ambitious target to make the transformation of mobility a success story. By joining ‘The Climate Pledge’ we are building on our goal to consistently pursue emission-free mobility and sustainable vehicle production,” said Ola Källenius, Chairman of the Board of Management of Daimler AG and Mercedes-Benz AG. “We stand with Amazon, Global Optimism and the other signatories of The Climate Pledge, in a commitment to being net zero carbon by 2040 – ten years ahead of The Paris Agreement. I am pleased that we will be able to gain even more momentum on our sustainability offensive with this step.”
As part of Mercedes-Benz’s commitment as the latest signatory of The Climate Pledge, the company is doubling down on its commitment to "Ambition2039," a roadmap to CO2-neutral mobility. The company is evaluating ways to remove carbon from its entire value chain, from development to the supplier network, from its own production to the electrification of products and beyond, as well as to ensuring renewable energies for the use phase of electric vehicles. With its goal to have a CO2-neutral fleet of new cars in less than 20 years, Mercedes-Benz is making an important contribution to slowing climate change. The company is already making good progress in this direction: By the end of this year, the vehicle portfolio will comprise five fully electric models and more than 20 plug-in hybrids. Signatories to The Climate Pledge also have the opportunity to share access to technologies, best practices and innovations in supply chain enhancements. They are also able to co-invest in new technologies and emerging solutions.
Amazon’s Delivery Service Partners will have access to the new fleet of zero-emission vehicles to make deliveries to customers in Europe this year, helping to save thousands of metric tons of carbon. The order is a milestone for Mercedes-Benz Vans, marking the largest order of electric vehicles for the manufacturer to date, and makes Amazon its largest sustainable transportation partner worldwide. More than 1,200 EVs in the order will be comprised of the newest electric commercial van available at Mercedes-Benz – the eSprinter, a larger model than the manufacturer’s first zero-emission vehicle, the eVito. The eSprinter includes state-of-the-art safety features including, electrical parking brake, active brake assist, reverse camera, blind spot assist, and more. The remaining 600 vehicles will be comprised of the manufacturer’s midsize electric van, the eVito, to give Delivery Service Partners operating in geographies that require a smaller-format vehicle access to a zero-emissions delivery option.
"I am delighted that we are further intensifying our long-standing partnership with Amazon and working together on the battery-electric future of transportation," said Marcus Breitschwerdt, Head of Mercedes-Benz Vans. “With the eVito and the eSprinter, we have electric vehicles in our portfolio, which are ideally suited for the requirements of the courier-, express- and parcel-service industry for goods delivery on the so-called ‘last mile’ in terms of their equipment and range. They show that local emission-free driving, convincing performance, comfort and low operating costs can be combined perfectly.”
“Amazon’s investment is a strong and concrete sign of its commitment and alignment to EU priorities,” said Fabio Massimo Castaldo, Vice President at the European Parliament. “Amazon continues to contribute to the achievement of the EU Green Deal goals, foster technological innovation and generate resilient and sustainable jobs in Europe. I hope that other corporations will follow Amazon’s example in the near future.”
Amazon is also committed to powering its growing electric fleet with clean energy. As part of The Climate Pledge, Amazon is investing in renewable energy as a critical step toward addressing our carbon footprint globally and has committed to run on 100% renewable energy by 2025. Globally, Amazon has 91 renewable energy projects that have the capacity to generate over 2,900 MW and deliver more than 7.5 million MWh of energy annually. These projects include 31 utility-scale wind and solar renewable energy projects and 60 solar rooftops on fulfillment centers and sort centers around the globe.
About Amazon
Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Customer reviews, 1-Click shopping, personalized recommendations, Prime Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa are some of the products and services pioneered by Amazon. For more information, visit www.amazon.com/about and follow @AmazonNews.
Amazon.com, Inc.
Media Hotline
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www.amazon.com/pr
SPRING, Texas--(BUSINESS WIRE)--Southwestern Energy Company (“Southwestern Energy”) (NYSE: SWN) today announced the completion of its previously announced underwritten public offering (the “Offering”) of $350 million aggregate principal amount of 8.375% senior notes due 2028 (the “Notes”), with net proceeds from the Offering totaling approximately $345 million after underwriting discounts and offering expenses. The Notes were sold to the public at a price of 100% of their face value.
Southwestern Energy intends to use the net proceeds from the Offering, together with the net proceeds received from its recent common stock offering and borrowings under its credit agreement, to fund a redemption of Montage Resources Corporation’s (“Montage”) issued and outstanding senior notes that it will assume upon the closing of its recently announced merger with Montage (the “Merger”).
Citigroup, BofA Securities and Wells Fargo Securities are acting as representatives of the underwriters and joint book-running managers for the Offering. The Offering was made under an effective automatic shelf registration statement on Form S-3, as amended (Registration No. 333-238633), filed by Southwestern Energy with the Securities and Exchange Commission (“SEC”) and only by means of a prospectus supplement and accompanying base prospectus. Prospective investors should read the prospectus supplement and the accompanying base prospectus included in the registration statement and other documents Southwestern Energy has filed with the SEC for more complete information about Southwestern Energy and the Offering. These documents are available at no charge by visiting EDGAR on the SEC website at http://www.sec.gov.
Alternatively, a copy of the base prospectus and the prospectus supplement may be obtained, when available, from:
Citigroup
c/o Broadridge Financial Solutions
1155 Long Island Avenue
Edgewood, NY 11717
Telephone: 800-831-9146
BofA Securities
NC1-004-03-43
200 North College Street, 3rd floor
Charlotte NC 28255-0001
Attention: Prospectus Department
Telephone: 1‐800‐294‐1322
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Wells Fargo Securities
550 S. Tryon Street, 5th Floor
Charlotte, NC 28202
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.
Fax: (704) 410-4874 (with such fax to be confirmed by telephone to (704) 410-4885)
Attention: Leveraged Syndicate
This news release shall not constitute an offer to sell or the solicitation of an offer to buy these securities or the Montage Notes, nor shall there be any sale of these securities, in any state or jurisdiction in which such offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Southwestern Energy
Southwestern Energy Company is an independent energy company engaged in natural gas, natural gas liquids and oil exploration, development, production and marketing.
Forward-Looking Statements
This news release contains forward-looking statements. Forward-looking statements relate to future events, including, but not limited to, anticipated results of operations, business strategies, other aspects of Southwestern Energy’s operations or operating results, the use of proceeds of the offering and the consummation of the Merger. In many cases you can identify forward-looking statements by terminology such as the words “believe,” “expect,” “anticipate,” “plan,” “intend,” “foresee,” “predict,” “budget,” “should,” “would,” “could,” “attempt,” “appears,” “forecast,” “outlook,” “estimate,” “continue,” “project,” “projection,” “goal,” “model,” “target,” “potential,” “may,” “will,” “objective,” “guidance,” “outlook,” “effort,” “are likely” and other similar expressions. Where, in any forward-looking statement, Southwestern Energy expresses an expectation or belief as to future results, such expectation or belief is expressed in good faith and believed to have a reasonable basis. However, there can be no assurance that such expectation or belief will result or be achieved. The actual results of operations can and will be affected by a variety of risks and other matters including, but not limited to, changes in commodity prices; changes in expected levels of natural gas and oil reserves or production; impact of reduced demand for our products and products made from them due to governmental and societal actions taken in response to the COVID-19 pandemic; operating hazards, drilling risks, unsuccessful exploratory activities; limited access to capital or significantly higher cost of capital related to illiquidity or uncertainty in the domestic or international financial markets; international monetary conditions; unexpected cost increases; potential liability for remedial actions under existing or future environmental regulations; potential liability resulting from pending or future litigation; and general domestic and international economic and political conditions, including the impact of COVID-19; as well as changes in tax, environmental and other laws applicable to Southwestern Energy’s business. Other factors that could cause actual results to differ materially from those described in the forward-looking statements include other economic, business, competitive and/or regulatory factors affecting Southwestern Energy’s business generally as set forth in Southwestern Energy’s filings with the SEC. Unless legally required, Southwestern Energy Company undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts
Brittany Raiford
Director, Investor Relations
(832) 796-7906
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Bernadette Butler
Investor Relations Advisor
(832) 796-6079
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SCHAFFHAUSEN, Switzerland--(BUSINESS WIRE)--The Garmin Ltd. (NASDAQ: GRMN) board of directors has established September 30, 2020 as the payment date for the next dividend installment of $0.61 per share with a record date of September 15, 2020. At the 2020 annual shareholders’ meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a cash dividend in the total amount of $2.44 per share (subject to adjustment in the event that the Swiss Franc weakens more than 35% relative to the USD), payable in four equal installments on dates to be determined by the Board in its discretion. The first payment was made on June 30, 2020. The Board currently anticipates the scheduling of the remaining quarterly dividend installments as follows:
Dividend Date |
Record Date |
$s per share |
||||
December 31, 2020 |
December 15, 2020 |
$0.61 |
||||
March 31, 2021 |
March 15, 2021 |
$0.61 |
About Garmin Ltd.:
For decades, Garmin has pioneered new GPS navigation and wireless devices and applications that are designed for people who live an active lifestyle. Garmin serves five primary markets, including automotive, aviation, fitness, marine, and outdoor recreation. For more information, visit Garmin's virtual pressroom at garmin.com/newsroom, contact the Media Relations department at 913-397-8200, or follow us at facebook.com/garmin, instagram.com/garmin, twitter.com/garmin, or youtube.com/garmin.
Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin is a registered trademark of Garmin Ltd.
Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management’s current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors that are described in both the Annual Report on Form 10-K for the year ended December 28, 2019 and the Quarterly Report on Form 10-Q for the quarter ended June 27, 2020 filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of Garmin’s 2019 Form 10-K and the Q2 2020 Form 10-Q can be downloaded from https://www.garmin.com/en-US/investors/sec/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.
Category: Corporate
Investor Relations Contact:
Teri Seck
913/397-8200
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Media Relations Contact:
Carly Hysell
913/397-8200
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ANCHORAGE, Alaska--(BUSINESS WIRE)--International law firm Dorsey & Whitney LLP is pleased to announce that it has named Corporate Partner Jill McLeod as head of the Firm’s Anchorage office effective August 24, 2020.
Ms. McLeod succeeds Mike Mills as Office Head. “I’ve thoroughly enjoyed my time as Office Head, but look forward to focusing on my role on the Firm’s Policy Committee,” noted Mr. Mills. “It has been an honor leading such a talented group of attorneys and staff in Anchorage. I’m excited about where we are headed and I know Jill will do a great job in this role.”
Ms. McLeod has more than 20 years of U.S. and international legal experience, including extensive work in oil and gas, mining, telecommunications, transportation, commercial transactions, mergers and acquisitions, contracts, procurement and supply chain, corporate governance, regulatory compliance, environmental, employment and property law. Prior to joining Dorsey she was in-house counsel for ConocoPhillips (Anchorage, Alaska), one of the world’s largest independent oil and gas exploration and production companies, where she provided expert legal support and advice to the company’s North Slope asset groups, analyzed and evaluated legal issues relating to onshore/offshore oil and gas authorizations, leasing, permitting, drilling, exploration, development and production and collaborated with executive management and industry leaders on strategic planning issues impacting the company and the oil and gas industry. Before joining ConocoPhillips, Jill served as in-house counsel for United Companies, Inc., an Alaskan Native-owned corporation, and its subsidiaries, which provided electrical and telecommunications services to communities in rural Alaska.
“I would like to thank Mike for serving as the Office Head and I am pleased to welcome Jill as the new Head of our Anchorage office,” noted Dorsey Managing Partner Bill Stoeri. “She is an exceptional attorney who understands the Dorsey culture and our mission of providing the highest quality service to all of our clients. I am confident that Jill will provide the leadership we need going forward.”
About Dorsey & Whitney LLP
Clients have relied on Dorsey since 1912 as a valued business partner. With locations across the United States and in Canada, Europe and the Asia-Pacific region, Dorsey provides an integrated, proactive approach to its clients' legal and business needs. Dorsey represents a number of the world's most successful companies from a wide range of industries, including leaders in banking & financial institutions, development & infrastructure, energy & natural resources, food, beverage & agribusiness, healthcare and technology, as well as major non-profit and government entities.
Jeri Longtin-Kloss
+1.612.492.5315
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DUBLIN--(BUSINESS WIRE)--The "Gas Separation Membranes Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.
Gas Separation Membranes Market Analysis and Outlook to 2026: As the Gas Separation Membranes industry shifts, the report presents the emerging market trends, factors driving the Gas Separation Membranes market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Gas Separation Membranes companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Gas Separation Membranes industry trends.
To avoid getting left behind in an intensive competitive Gas Separation Membranes market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Gas Separation Membranes companies must strengthen their capabilities to maintain their market shares in the Gas Separation Membranes industry.
To assist Gas Separation Membranes manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of Gas Separation Membranes market size, share, opportunities, and outlook to 2026. The report explores changing Gas Separation Membranes market landscape, capital markets, strategies, mergers & acquisitions in the global and country-level markets.
The report presents an introduction to the Gas Separation Membranes market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Gas Separation Membranes companies, emerging market trends, Gas Separation Membranes market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Gas Separation Membranes market.
The global Gas Separation Membranes market size is forecast across different scenarios including the actual forecasts and COVID affected forecasts from 2019 to 2026. Further, Gas Separation Membranes market revenue and market shares in global industry are forecast across different types of Gas Separation Membranes, applications, and end-user segments of Gas Separation Membranes and across 18 countries.
Report Guide
Chapter-wise Guidance
General Scope
Key Topics Covered:
1 Table of Contents
2 Executive Summary
3 Strategic Analytics to Boost Productivity and Profitability
3.1 Potential Market Drivers and Opportunities
3.2 New Challenges and Strategies being adopted by Companies
3.3 Short Term and Long Term Gas Separation Membranes market trends
3.4 Impact of New Entrants, Competitive Landscape, Substitutes, Buyer and Supplier Powers
4 Global Gas Separation Membranes Market Outlook across Types to 2026
4.1 Asia Pacific Gas Separation Membranes Market Outlook across Types, 2019 - 2026
4.2 Europe Gas Separation Membranes Market Outlook across Types, 2019 - 2026
4.3 North America Gas Separation Membranes Market Outlook across Types, 2019 - 2026
4.4 South and Central America Gas Separation Membranes Market Outlook across Types, 2019 - 2026
4.5 Middle East Africa Gas Separation Membranes Market Outlook across Types, 2019 - 2026
5 Global Gas Separation Membranes Market Outlook across Applications to 2026
5.1 Asia Pacific Gas Separation Membranes Market Outlook across Applications, 2019 - 2026
5.2 Europe Gas Separation Membranes Market Outlook across Applications, 2019 - 2026
5.3 North America Gas Separation Membranes Market Outlook across Applications, 2019 - 2026
5.4 South and Central America Gas Separation Membranes Market Outlook across Applications, 2019 - 2026
5.5 Middle East Africa Gas Separation Membranes Market Outlook across Applications, 2019 - 2026
6 Country - Gas Separation Membranes Market Analysis and Outlook to 2026
7 Global Gas Separation Membranes Market Competitive Analysis
7.1 Top 10 Leading Companies in the global Gas Separation Membranes industry
7.1.1 Business Overview
7.1.2 Gas Separation Membranes Products and Services
7.1.3 SWOT Analysis
7.1.4 Financial Profile
8 Global Gas Separation Membranes Market - Recent Developments
8.1 Gas Separation Membranes Market News and Developments
8.2 Gas Separation Membranes Market Deals Landscape
9 Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/jj80w5
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The program to install about 38,000 electric car chargers over the next five years will help California achieve its EV and climate goals.
ROSEMEAD, Calif.--(BUSINESS WIRE)--State officials gave Southern California Edison the green light today for an expansive electric car charging infrastructure program that will add about 38,000 new chargers throughout the utility’s 50,000-square-mile service area.
The program, known as Charge Ready 2, will be the nation’s largest light-duty electric vehicle charging program run by an investor-owned utility.
“This action by the California Public Utilities Commission is critical to supporting California’s transition from fossil fuel toward electrification,” said Katie Sloan, SCE director of eMobility and Building Electrification. “Also, investment in EV charging infrastructure can be a catalyst to help with economic recovery from COVID-19, while also supporting vital air quality and climate benefits to all communities.”
The program is an expansion of SCE’s Charge Ready pilot, which was launched three years ago. During the pilot phase, the utility has partnered with businesses, local governments and other organizations to add more than 1,800 EV chargers at more than 100 sites. The $436-million Charge Ready 2 program will continue to focus on providing charging infrastructure at workplaces, public parking lots, schools, hospitals and destination centers.
“By making more charging stations available, we are helping to advance a key component of California’s ambitious climate and transportation electrification goals,” said Jered Lindsay, SCE principal manager of Air and Climate Policy. “SCE’s analysis of the steps that the state must take over the next 25 years to meet those goals calls for 76% — or 26 million — cars on California highways to be electric.”
Through Charge Ready, SCE installs and maintains the supporting EV charging infrastructure and provides rebates to reduce charging station costs, while participants typically own, operate and maintain qualified charging stations.
“Going forward, we will have an added emphasis on the unique challenges faced by apartment and condo complexes, where one-third of SCE customers live and have limited access to at-home charging options,” Sloan said. For this reason, the expanded program has added rebates to support the installation of EV charging ports in new multifamily dwellings that are under construction.
Charge Ready 2 also sets a target to locate 50% of the chargers in state-designated disadvantaged communities, or economically impacted communities that suffer most from the effects of air pollution.
In addition to Charge Ready 2 for passenger EVs, SCE launched a program last year for trucks, buses and off-road industrial equipment. The largest program of its kind in the U.S., Charge Ready Transport aims to add charging to support at least 8,490 medium- and heavy-duty EVs over a five-year period. The $356 million program is also modeled after the Charge Ready pilot.
Media Contact: Paul Griffo, (626) 302-2255
HOUSTON--(BUSINESS WIRE)--Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) (“Solaris”) announced today that its Board of Directors has declared a quarterly cash dividend of $0.105 per share of Class A common stock, to be paid on September 17, 2020 to holders of record as of September 7, 2020. A distribution of $0.105 per unit has also been approved for holders of units in Solaris Oilfield Infrastructure, LLC, which is subject to the same payment and record dates.
About Solaris Oilfield Infrastructure, Inc.
Solaris Oilfield Infrastructure, Inc. (NYSE:SOI) manufactures and rents mobile equipment that drives supply chain and execution efficiencies in the completion of oil and natural gas wells. Solaris’ patented mobile proppant and chemical systems are deployed in many of the most active oil and natural gas basins in the United States. Additional information is available on our website, www.solarisoilfield.com.
Yvonne Fletcher
Senior Vice President, Finance and Investor Relations
(281) 501-3070
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HOUSTON--(BUSINESS WIRE)--Westlake Chemical Partners LP (NYSE: WLKP) today issued a statement regarding Hurricane Laura, which made landfall near plants in the Lake Charles, Louisiana area owned by Westlake Chemical OpCo LP (“OpCo”), in which the Partnership owns a 22.8% interest.
The Partnership’s primary concern is for the safety of OpCo’s employees. The employees who stayed at OpCo’s facilities during Hurricane Laura are safe. OpCo has been conducting equipment assessments, following Hurricane Laura’s overnight move through the area.
Following initial facility assessments, OpCo believes it has incurred limited physical damage. Restart of OpCo’s facilities, which OpCo shut down as a precautionary measure in advance of the storm, will primarily depend upon the availability of electricity, industrial gases, and other feedstocks.
“We do not expect any material impact to OpCo or to the Partnership as a result of Hurricane Laura as, pursuant to OpCo’s Ethylene Sales Agreement with affiliates of Westlake Chemical Corporation (“Westlake Sponsor”), Westlake Sponsor is obligated to pay a margin and fixed costs for 95% of OpCo’s budgeted ethylene production, even following a force majeure event,” said Albert Chao, president and chief executive officer of the Partnership’s general partner.
The statements in this release relating to matters that are not historical facts, such as the Partnership’s belief that OpCo’s facilities incurred limited physical damage and the anticipated restart of OpCo’s facilities, are forward-looking statements. These forward-looking statements could be adversely affected by a variety of known and unknown risks, uncertainties and other factors that are difficult to predict and many of which are beyond management’s control. The Partnership’s expectations may or may not be realized or may be based upon assumptions or judgments that prove to be incorrect. For more detailed information about the factors that could cause actual results to differ materially from the forward-looking statements contained herein, please refer to the Partnership’s Annual Report on Form 10-K for the year ended December 31, 2019, which was filed with the SEC in February 2020 and Form 10-Q for the quarter ended March 31, 2020, which was filed with the SEC in May 2020.
About Westlake Chemical Partners LP
Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns a 22.8% interest in Westlake Chemical OpCo LP. Westlake Chemical OpCo LP’s assets include three facilities in Calvert City, Kentucky, and Lake Charles, Louisiana which process ethane and propane into ethylene, and an ethylene pipeline. For more information about Westlake Chemical Partners LP, please visit http://www.wlkpartners.com.
Media Inquiries:
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or
Investor Inquiries:
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Steve Bender, 713-960-9111
DUBLIN--(BUSINESS WIRE)--The "Natural Gas Pipeline - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The 136-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Natural Gas Pipeline Market to Reach 3.5 Thousand Miles by 2027
Amid the COVID-19 crisis, the global market for Natural Gas Pipeline estimated at 2.4 Thousand Miles in the year 2020, is projected to reach a revised size of 3.5 Thousand Miles by 2027, growing at a CAGR of 5.5% over the period 2020-2027.
Onshore, one of the segments analyzed in the report, is projected to record 4.8% CAGR and reach 2.4 Thousand Miles by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Offshore segment is readjusted to a revised 7.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at 710.8 Miles, While China is Forecast to Grow at 5.2% CAGR
The Natural Gas Pipeline market in the U.S. is estimated at 710.8 Miles in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of 622.5 Miles by the year 2027 trailing a CAGR of 5.2% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.
Competitors identified in this market include, among others:
Total Companies Profiled: 52
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LONDON & LOS ANGELES--(BUSINESS WIRE)--Crescent Capital Group LP, a leading alternative asset management firm, announced today that its European Specialty Lending strategy has provided unitranche financing to support the acquisition of NAVTOR by Accel-KKR, a leading global software-focused investment firm headquartered in Silicon Valley. Crescent has also provided an acquisition facility to further accelerate NAVTOR’s top-line growth through strategic M&A. Terms of the financing were not disclosed.
NAVTOR is the global leader in the provision of navigational software for the maritime industry. Its cloud-based e-navigation solutions include Electronic Navigational Charts (ENCs), digital maritime publications, route optimization and fleet management across an integrated platform. The company effectively provides all critical voyage information at the fingertips of navigators in order to solve the complex challenges of passage planning. The global maritime e-navigational industry is on a multi-year technological expansion in large part due to new regulations, an increased focus on safety and ESG goals, and advances in technology.
“This financing for NAVTOR will be instrumental in the company’s plans to accelerate its organic growth strategies and expand further through M&A. NAVTOR is the clear leader in navigational software for the maritime industry driven by its superior technological product suite, and we are proud to support its growth in its next chapter with Accel-KKR. The company is well-positioned to take advantage of the continued digitization of the maritime industry, ensuring safe passage of vessels and crew members through different territories,” said Christine Vanden Beukel, Managing Director and head of Crescent’s European Specialty Lending strategy. “This transaction continues to demonstrate Crescent’s ability to provide customized financing solutions to top-tier sponsors investing in market-leading companies with clear competitive advantages and mission-critical products.”
About Crescent Capital
Crescent Capital is a global credit investment manager with approximately $28 billion of assets under management. For over 25 years, the firm has focused on below investment grade credit through strategies that invest in marketable and privately-originated debt securities including senior bank loans, high yield bonds, as well as private senior, unitranche, and junior debt securities. Crescent Capital is headquartered in Los Angeles with offices in New York, Boston, and London and more than 175 employees globally. For more information about Crescent Capital, visit www.crescentcap.com and follow along on Twitter @CrescentCap.
Crescent Capital Group
Mendel Communications
Bill Mendel, +1-212-397-1030
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DUBLIN--(BUSINESS WIRE)--The "Intelligent Pigging - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The 146-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Intelligent Pigging Market to Reach $797.8 Million by 2027
Amid the COVID-19 crisis, the global market for Intelligent Pigging estimated at US$589.1 Million in the year 2020, is projected to reach a revised size of US$797.8 Million by 2027, growing at a CAGR of 4.4% over the analysis period 2020-2027.
Magnetic Flux Leakage, one of the segments analyzed in the report, is projected to record a 4.2% CAGR and reach US$476.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ultrasonic segment is readjusted to a revised 4.9% CAGR for the next 7-year period.
The U.S. Market is Estimated at $173.5 Million, While China is Forecast to Grow at 4.2% CAGR
The Intelligent Pigging market in the U.S. is estimated at US$173.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$141.9 Million by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 3.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
Caliper Segment to Record 4.6% CAGR
In the global Caliper segment, USA, Canada, Japan, China and Europe will drive the 4.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$63.2 Million in the year 2020 will reach a projected size of US$87.5 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$89.3 Million by the year 2027.
Competitors identified in this market include, among others:
Total Companies Profiled: 46
For more information about this report visit https://www.researchandmarkets.com/r/3oz1xf
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In the age of Industry 4.0, stakeholders need holistic, long-term plans for territory and sitewide connectivity
BOULDER, Colo.--(BUSINESS WIRE)--#5G--A new report from Guidehouse Insights examines why energy industry verticals should consider the long-term evolution (LTE) family of technologies, including NB-IoT, LTE Cat-M1, LTE Cat-1, and 4G and 5G LTE, for their strategic long-term connectivity needs.
Industry 4.0 is here, and energy industry participants—including utilities, oil & gas (O&G), and mining operations—must embrace a full range of digitization technologies to remain safe, efficient, reliable, and competitive as their operating environments transform. Ubiquitous, flexible, and future-proof communications networking will be foundational to this. Click to tweet: According to a new report from @WeAreGHInsights, a strategy built around the family of LTE wireless technologies, based on global standards, presents an effective solution poised to evolve as 5G technology matures.
“To date, most utilities, O&G, and mining companies have taken a scattershot approach, building ad hoc, application-centric networks to perform just a few tasks. They may be operating dozens of incompatible networks per site, with a mix of wired and wireless, public and private solutions performing disparate functions,” says Richelle Elberg, principal research analyst with Guidehouse Insights. “Looking ahead, a strategic, holistic, long-term plan should be created for full-territory and sitewide connectivity.”
To position for success, Guidehouse Insights recommends utilities partner with public carriers for infrastructure sharing, reduced costs, and revenue opportunities. They should trial LTE-based network applications with a carrier or in a pilot using shared spectrum, and then consider investment in private spectrum for the most secure, long-term approach. The report also recommends coordination among smaller entities to bring market influence and tailored offerings from carriers and infrastructure vendors.
The report, Wireless Networking and Energy: LTE Standards Set the Stage for the 5G Era, addresses why energy industry verticals should consider the LTE family of technologies for their strategic long-term connectivity needs. It describes each of the LTE-based networking protocols and how they will seamlessly evolve into the 5G framework. It also discusses the various ways LTE networking services can be bought or built and covers the options energy and utility vertical participants have for spectrum needs. It includes a comprehensive list of IoT use cases enabled by LTE protocols, including Narrowband-Internet of Things (NB-IoT), LTE Cat-M1, LTE Cat-1, and 4G and 5G LTE. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today’s rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team’s research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public and commercial markets with broad capabilities in management, technology, and risk consulting. We help clients address their toughest challenges with a focus on markets and clients facing transformational change, technology-driven innovation and significant regulatory pressure. Across a range of advisory, consulting, outsourcing, and technology/analytics services, we help clients create scalable, innovative solutions that prepare them for future growth and success. Headquartered in Washington, D.C., the company has more than 7,000 professionals in more than 50 locations. Guidehouse is led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets and agenda-setting issues driving national and global economies. For more information, please visit: www.guidehouse.com.
* The information contained in this press release concerning the report, Wireless Networking and Energy: LTE Standards Set the Stage for the 5G Era, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
Lindsay Funicello-Paul
+1.781.270.8456
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DUBLIN--(BUSINESS WIRE)--The "Global Oil and Gas Storage Valves Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The oil and gas storage valves market is poised to grow by $ 130.53 mn during 2020-2024 progressing at a CAGR of 2% during the forecast period.
The reports on oil and gas storage valves market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing mandates for SPRs and increasing focus on unconventional oil and gas E&P activities.
The oil and gas storage valves market analysis include application segment and geographic landscapes. This study identifies the growing demand for natural gas as one of the prime reasons driving the oil and gas storage valves market growth during the next few years.
The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.
The oil and gas storage valves market covers the following areas:
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading oil and gas storage valves market vendors that include AVK Holding AS, Baker Hughes Co., Curtiss-Wright Corp., Emerson Electric Co., Flowserve Corp., Honeywell International Inc., Schlumberger Ltd., TechnipFMC Plc, The Weir Group Plc, Wartsila Corp. Also, the oil and gas storage valves market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The research presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.
This market research report provides a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Key Topics Covered:
1. Executive Summary
2. Market Landscape
3. Market Sizing
4. Five Forces Analysis
5. Market Segmentation by Application
6. Customer landscape
7. Geographic Landscape
8. Vendor Landscape
9. Vendor Analysis
10. Appendix
For more information about this report visit https://www.researchandmarkets.com/r/ob96kq
ResearchAndMarkets.com
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DUBLIN--(BUSINESS WIRE)--The "Enhanced Gas Recovery Market, Size, Share, Outlook and COVID-19 Strategies, Global Forecasts from 2019 to 2026" report has been added to ResearchAndMarkets.com's offering.
This report presents the emerging market trends, factors driving the Enhanced Gas Recovery market growth, and potential opportunities over the forecast period. The trends underpinning the profitability of Enhanced Gas Recovery companies are shifting rapidly, forcing companies to carefully align their strengths in synchronization with Enhanced Gas Recovery industry trends.
To avoid getting left behind in an intensive competitive Enhanced Gas Recovery market, global companies need a new approach to ensure they create value in this environment. Amid increasing activities of M&A and growing activist-investor activity, Enhanced Gas Recovery companies must strengthen their capabilities to maintain their market shares in the Enhanced Gas Recovery industry.
To assist Enhanced Gas Recovery manufacturers and vendors to formulate their strategies and analyze their business in the global front, the publisher has published its 2020 series of Enhanced Gas Recovery market size, share, opportunities, and outlook to 2026. The report explores changing Enhanced Gas Recovery market landscape, capital markets, strategies, mergers & acquisitions in the global and country-level markets.
The report presents an introduction to the Enhanced Gas Recovery market in 2020, analyzing the COVID-19 impact both quantitatively and qualitatively. It presents the strategies being adopted by leading Enhanced Gas Recovery companies, emerging market trends, Enhanced Gas Recovery market drivers, challenges, and potential opportunities to 2026. The market attractiveness index is also included to assess the impact of suppliers, buyers, competitive landscape, new entrants, and substitutes on the Enhanced Gas Recovery market.
The global Enhanced Gas Recovery market size is forecast across different scenarios including the actual forecasts and COVID affected forecasts from 2019 to 2026. Further, Enhanced Gas Recovery market revenue and market shares in global industry are forecast across different types of Enhanced Gas Recovery, applications, and end-user segments of Enhanced Gas Recovery and across 18 countries.
Report Guide
Chapter-wise Guidance
General Scope
Key Topics Covered:
1 Table of Contents
2 Executive Summary
2.1 Market Panorama, 2020
2.2 Enhanced Gas Recovery Outlook to 2026 - Original Forecasts
2.3 Enhanced Gas Recovery Outlook to 2026 - COVID-19 Affected Forecasts
3 Strategic Analytics to Boost Productivity and Profitability
3.1 Potential Market Drivers and Opportunities
3.2 New Challenges and Strategies being adopted by Companies
3.3 Short Term and Long Term Enhanced Gas Recovery market trends
3.4 Impact of New Entrants, Competitive Landscape, Substitutes, Buyer and Supplier Powers
4 Global Enhanced Gas Recovery Market Outlook across Types to 2026
4.1 Asia Pacific Enhanced Gas Recovery Market Outlook across Types, 2019 - 2026
4.2 Europe Enhanced Gas Recovery Market Outlook across Types, 2019 - 2026
4.3 North America Enhanced Gas Recovery Market Outlook across Types, 2019 - 2026
4.4 South and Central America Enhanced Gas Recovery Market Outlook across Types, 2019 - 2026
4.5 Middle East Africa Enhanced Gas Recovery Market Outlook across Types, 2019 - 2026
5 Global Enhanced Gas Recovery Market Outlook across Applications to 2026
5.1 Asia Pacific Enhanced Gas Recovery Market Outlook across Applications, 2019 - 2026
5.2 Europe Enhanced Gas Recovery Market Outlook across Applications, 2019 - 2026
5.3 North America Enhanced Gas Recovery Market Outlook across Applications, 2019 - 2026
5.4 South and Central America Enhanced Gas Recovery Market Outlook across Applications, 2019 - 2026
5.5 Middle East Africa Enhanced Gas Recovery Market Outlook across Applications, 2019 - 2026
6 Country - wise Enhanced Gas Recovery Market Analysis and Outlook to 2026
7 Global Enhanced Gas Recovery Market Competitive Analysis
7.1 Top 10 Leading Companies in the global Enhanced Gas Recovery industry
7.1.1 Business Overview
7.1.2 Enhanced Gas Recovery Products and Services
7.1.3 SWOT Analysis
7.1.4 Financial Profile
8 Global Enhanced Gas Recovery Market - Recent Developments
8.1 Enhanced Gas Recovery Market News and Developments
8.2 Enhanced Gas Recovery Market Deals Landscape
9 Appendix
Companies Mentioned
For more information about this report visit https://www.researchandmarkets.com/r/7xuvqo
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DUBLIN--(BUSINESS WIRE)--The "Drill Collar Market - Growth, Trends, and Forecasts (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
The drill collar market is expected to register a CAGR of over 1% during the forecast period of 2020-2025.
Factors, such as increased exploration activity and focus on development of new oil and gas fields, are expected to help drive the market for drill collar. However, the volatile nature of oil prices in recent years led to decreased exploration activity causing a slowdown of the drill collar systems market.
Companies Mentioned
Key Market Trends
Onshore to Dominate the Market
North America to Dominate the Market Growth
Key Topics Covered:
1 INTRODUCTION
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Active Rig Count, till 2019
4.4 Historic and Demand Forecast of Upstream CAPEX in USD billion, by Onshore and Offshore, 2017-2025
4.5 Recent Trends and Developments
4.6 Market Dynamics
4.6.1 Drivers
4.6.2 Restraints
4.7 Supply Chain Analysis
4.8 Porter's Five Forces Analysis
5 MARKET SEGMENTATION
5.1 Type
5.1.1 Standard Steel Drill Collar
5.1.2 Non-magnetic Drill Collar
5.2 Deployment
5.2.1 Onshore
5.2.2 Offshore
5.3 Geography
5.3.1 North America
5.3.2 Europe
5.3.3 Asia-Pacific
5.3.4 South America
5.3.5 Middle-East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
For more information about this report visit https://www.researchandmarkets.com/r/a5jhhf
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
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NEW YORK--(BUSINESS WIRE)--New Fortress Energy Inc. (NASDAQ:NFE) (“New Fortress” or the “Company”) announced today that its Board of Directors (the “Board”) has declared a third quarter 2020 common stock dividend of $0.10 per Class A Common Share.
“We are pleased to announce our first common stock dividend,” said Wes Edens, Chairman and CEO of New Fortress. “As we stated on our earnings call, one of our strategic goals is to begin paying dividends to our shareholders as our long-term capital structure becomes highly cash flow generative. This dividend is a significant step forward toward our goal to become a world-class investment grade operating company.”
Common Stock Dividend
The Board declared a quarterly dividend of $0.10 per Class A Common Share for the third quarter of 2020. The dividend is payable on September 14, 2020, to Class A Common Shareholders of record on September 7, 2020.
This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About New Fortress Energy Inc.
New Fortress Energy (NASDAQ: NFE) is a global energy infrastructure company founded to help accelerate the world’s transition to clean energy. The company funds, builds and operates natural gas infrastructure and logistics to rapidly deliver fully integrated, turnkey energy solutions that enable economic growth, enhance environmental stewardship and transform local industries and communities.
Cautionary Language Regarding Forward-Looking Statements
This press release contains forward-looking statements, including but not limited to statements regarding the payment of a dividend in respect of the Company’s Class A Common Shares. All statements contained in this press release other than historical information are forward-looking statements that involve known and unknown risks and relate to future events, our future financial performance or our projected business results. In some cases, you can identify forward-looking statements by terminology such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “targets,” “potential” or “continue” or the negative of these terms or other comparable terminology. Such forward-looking statements are necessarily estimates based upon current information and involve a number of risks and uncertainties. Actual events or results may differ materially from the results anticipated in these forward-looking statements as a result of a variety of factors.
All forward-looking statements speak only as of the date on which it is made. When considering forward-looking statements, you should keep in mind the risk factors and other cautionary statements included in our annual, quarterly and other reports we file with the SEC. We undertake no duty to update these forward-looking statements, even though our situation may change in the future. Furthermore, we cannot guarantee future results, events, levels of activity, performance, projections or achievements.
IR:
Alan Andreini
(212) 798-6128
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Joshua Kane
(516) 268-7455
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Jake Suski
(516) 268-7403
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