Seabird Exploration announces update on COVID-19

first_imgSo far, the main effect for the Company has been the termination of two OBN surveys off West Africa The company has decided to postpone the remaining outfitting of the Fulmar Explorer until markets normalize. (Credit: Pixabay/C Morrison) The COVID-19 outbreak continues to affect the global economy as well as oil demand.  While market uncertainty is high, the Company continues to work with its clients as usual.  However, to cope with the uncertainty and preserve cash, the Company has decided to reduce costs further and postpone capex until the market situation normalizes and/or we see concrete work for the vessels affected by this.Operations:  The immediate effects of the COVID-19 situation for the Company are operational.  In particular, crew changes for existing projects and mobilization of crew for new projects are made difficult by travel and immigration restrictions.  This may have an impact on operational cost, due to additional salaries and increased travel costs caused by the restrictions.  Worst case, projects may also be delayed or cancelled due to the logistical challenges created by the COVID-19 restrictions.  So far, the main effect for the Company has been the termination of two OBN surveys off West Africa as announced on April 7th.In the event of a prolonged period of economic shutdown, the Company has contingency plans in place to reduce costs even further and place the vessels idle at a very low cost.  In such an event, our ambition is to be able to run the company at less than USD 400k per month including all stacking costs and SG&A, while maintaining ability to operate at least two vessels on contracts simultaneously.  Based on contract negotiations and clients existing plans, management currently has no reason to believe that it will be necessary for the Company to execute on its contingency plans.Capex:  The Company has decided to postpone the remaining outfitting of the Fulmar Explorer until markets normalize and/or the vessel sees a contract award.  Meanwhile, we will reengineer the project with an ambition to reduce the capex need further.  Further, the Company has finished all preparatory work for rigging of the Geo Barents.  The vessel has been bid for a contract in the Eastern hemisphere, and the actual rigging will take place upon contract award.  The remaining cost for rigging the vessel is estimated to be no more than USD 600k.In sum, the actions taken will help the Company preserve cash and enable it to weather a prolonged downturn in our markets.  The Management and Board of Directors is confident that the Company`s strong balance sheet, modern, flexible and competitive fleet, efficient operations and industry-leading and uniquely low-cost position puts Seabird Exploration on a strong footing to weather the current difficult market conditions and improve its competitiveness versus the industry as the economy and oil markets eventually recovers. Source: Company Press Releaselast_img

Rack or Tower? How to select your next small business server

first_imgWant more? Check out the 5 things to consider when buying your first server. These are great tips to help get you started on your server selection if you are unsure where to begin.For additional information about PowerEdge servers, visit, or contact your Dell Technologies Advisor for more information at 877-BUY-DELL.Be sure to follow us and join the conversation on Twitter @DellEMCServers. Did you know? Although power and cooling technology has changed a lot in 15 years, racks and towers operate in the same temperature ranges. In the corner of the officeTower On, under, or near a deskTower Data center or Collocated spaceRack Many of the modern servers available today also have an extended operating temperature range. Dell EMC PowerEdge servers can continuously operate even if temperatures get as cold as 41°F (5°C) or as hot as 104°F (40°C). And if there is a temperature spike to 113°F (45°C) for a couple of hours a year, the server can handle it.Fans and heat sinks help to move hot air away from these components and out the back of the server. But if the server is in a coat closet without a vent, the closet will get warm and the air surrounding the components will be warmer. And if the server components get warm, the server fans will speed up and make noise. I’ve personally cracked the door on a converted closet. I’ve also heard of people installing a vent or replacing the door with a felt screen. In both cases, a tower server is the better option. Why? When you open the closet door, the noise is no longer confined. Listening to the sound of a rack server’s fan can be distracting, if not annoying, for office workers and especially customers.Here’s a simple decision matrix a small business can use to help them decide on a rack or tower server. Most decisions will come down to noise first and temperature second. Wiring closetRack or Tower What server should you buy for your small business? Find out what two things you must consider when buying a server for businesses with fewer than 100 employees.Should you buy a rack or tower server? The answer may not be as simple as it used to be. Fifteen years ago, it was a foregone conclusion that small businesses bought towers and large enterprises bought rack servers. That’s how we built them. That’s how you bought them. But it’s not that clear now.Our latest tower servers can do things only rack servers used to be able to do. And we sell rack servers to small businesses. So, how do you decide? The answer will likely hinge on two factors.1. Where will you physically put the server?If the server is going to be installed in a data center, then 98% of you are going to need a rack server. The other  2% will buy a rackable tower server, such as the T640 or T440. But since most small businesses don’t own their own data center, colocation (or renting space in someone else’s data center) is the more likely data-center-placement scenario. A rack server is still the answer for a colocation.If you are going to install it under someone’s desk or in the corner of an office next to a plant, then all of you are going to want a tower server. Why? In general, tower servers are quieter than rack servers. Tower servers traditionally have more space for air while rack servers are usually space-constrained. Less air flow usually means more fans running at faster speeds, which translates into more noise.In some environments, noise can be a huge distraction to people working. Recording studios are measured at about 20 dBA. Quiet offices are at about 35 dBA. Data centers and vacuum cleaners measure in at 75 dBA. The noise difference between a rack server and a tower server running in a quiet office would likely make it unbearable for people in that environment to concentrate or talk with co-workers and employees. For instance, the T340 is a 1-socket tower server that would likely put out 23 dBA while idle (running OS only) and up to 30 dBA while operating at peak. A similar rack server, the R340, would likely put out 38 dBA all the time.Fig 1. Acoustical reference points and output comparisonsIf the server will not live in a data center or a place where people are, the decision becomes harder. Locations like a server room, wiring closet, or a coat closet are all places where servers could live. If this is where yours will operate, then you must evaluate consideration number two.2. What is the temperature where you want to physically put the server? Servers run optimally when the temperature of the air is within its normal operating range. Rack servers require physical racks, known as cabinets or server racks, that allow you to mount servers. And when you mount a bunch of rack-installed devices like servers, storage arrays, networking switches, and uninterrupted power supplies (UPS), the temperature of the air around them rises. This makes temperature control a requirement for continuous operation. In data centers, conditioned air flows up from a raised floor to keep the temperature at optimal levels.Small businesses generally don’t have access to raised floors and chillers. However, some server rooms may be air conditioned. If the server is going to be installed in a temperature-controlled environment, a rack server will likely be the best option.If the server will be installed in a former coat closet or other tight space, it’s likely that the temperature of the air will increase (sometimes substantially). If the internal components of a server get too hot, the risk of failure goes up. The same thing happens when it gets too cold. That’s why servers are designed to shut down when the temperature exceeds their standard operating range. It’s a protection mechanism. In general, today’s servers have a range of 50°F – 95°F (10°C – 35°C) with no direct sunlight on the equipment. Where will the server be placed?Best server form-factor Coat closetLikely a Tower Server roomLikely a Racklast_img read more

Syracuse looks to improve on rebounding front against Miami

first_img Facebook Twitter Google+ Syracuse knows what it needs to work on. During Wednesday morning’s film session, it was one of the primary focal points. And in losses this season, it’s been a key factor.In the Orange’s last six losses, SU has been outrebounded by an average of eight and a half boards per game, compared to the plus-3.3 margin in wins.The necessary steps to earn extra possessions are simple, head coach Quentin Hillsman said — just bring energy and effort to box out — but it’s an area Syracuse is still looking to improve.“We know we need to clean that up,” Hillsman said. “We can’t win games if we don’t rebound the ball.”No. 23 SU (17-7, 7-4 Atlantic Coast) hosts Miami (16-7, 6-4) on Thursday at 7 p.m. in the Carrier Dome and once again, its chances of winning could come down to the rebounding battle. Hillsman has played four guards at once — alongside the ACC’s second-leading rebounder in Briana Day — for a large portion of the season and his defensive tactics have both contributed to Syracuse’s defensive rebounding deficiencies.AdvertisementThis is placeholder textThe lineup is in place to apply a full-court press on nearly every defensive possession, but the tradeoff results in less rebounds.“That’s the only thing that it could be, possibly,” Hillsman said of SU’s height disadvantage while explaining the rebounding problems.The Orange avoided a collapse in its most recent game, a five-point win over Georgia Tech on Sunday, but the Yellow Jackets trimmed SU’s lead from 12 to five in the final four minutes. GT scored five points off five rebounds, which helped spur the comeback.Only one Syracuse guard had more than three rebounds in the win. But with only one forward on the court at a time, the rebounding burden falls on their shoulders.“You’re not used to going down there and you see the post down there and it’s really hectic,” senior guard Diamond Henderson said, “and you don’t want to get in the mix, but we have to start getting in the mix.”In SU’s biggest win of the season, a five-point triumph over then-No. 13 North Carolina last Thursday, UNC was able to get 10 rebounds in the game’s final five minutes. But the Tar Heels only turned that into two points and Syracuse squeaked out the win.The result came out in Syracuse’s favor, but North Carolina stayed in the game because of its ability to extend possessions. If the Hurricanes do the same on Thursday, the Orange could face its first loss to an unranked opponent.Part of the reason why SU’s been inefficient on the defensive glass, Henderson said, is because its guards constantly look to leak out in transition. Hillsman’s philosophy is to take as many shots as possible, which means pushing the ball on offense.“We watch the posts to see what they’re going to do and we get caught watching,” Henderson said, “because we want to get out in transition since we’re a big transition team.”The Orange has been searching for a second serviceable post player throughout the entire season to complement Day and has yet to find one.So even as she does her job, SU’s rebounding issues have continued.“Being a center is a big responsibility to rebound,” Day said, “but all five people on the floor have to rebound.” Comments Published on February 12, 2015 at 12:14 am Contact Paul: [email protected] | @pschwedslast_img read more