Indian Fishermen Use Smartphones to Map a Vanishing Way of Life
seems all the more striking.Raji was among the first three villagers to own a Nokia phone, and would travel 20 km by road to pick up a signal.Access to cheap smartphones has since skyrocketed, even in the hinterlands, with a billion smartphone users predicted across India by 2026, according to a 2022 Deloitte report.And the fishermen look at past successes to motivate future mapping missions.They cite appeals lodged with the National Green Tribual, a government body that enforces environmental protections, that have curbed industrial activities in protected coastal areas.Their efforts helped block a
Canada: Tidal Energy Firm Says Enters Bankruptcy as Regulatory Hurdles Derail Planned Project
Sustainable Marine Energy (Canada) Ltd, which describes itself as Canada’s most successful tidal energy company, has been placed into voluntary bankruptcy and appointed Deloitte Restructuring Inc. as trustee.The company, which proved out its technology and delivered power to Nova Scotia’s grid, said Monday it had not been able to secure the authorizations it had required or agree a viable path forward with Fisheries and Oceans Canada (DFO) that would enable it to deliver its flagship demonstration project at the Fundy Ocean Research Center for Energy (FORCE) tidal energy demonstration site
Kraken Robotics Makes It to Deloitte's Technology Fast 50 List
Canadian subsea robotic and sensor company Kraken Robotics has made it to Deloitte's Technology Fast 50 list in Canada.Technology Fast 50 is a program that celebrates the achievements and evolution of the Canadian technology sector.Kraken, which last year launched a three-year project focused on the development of new marine technologies and products to enable an underwater data acquisition and analytics as a service business, ranked 36th on Deloitte's list.According to the company, Kraken was one of only two Atlantic Canada companies that made the Top 50 list – and the only one from
MacDonald to Lead Canada’s Ocean Supercluster
the management and commercialization of new related R&D, science and technology activities in Canada’s Atlantic region.Over the past 20 years, MacDonald has held progressive leadership roles in Australia, Hong Kong and Canada. Most recently, MacDonald was the first Chief Audit Executive for Deloitte Global and was responsible for building internal audit function for Global. During this time, she also maintained a role as Atlantic Risk Advisory Partner for Deloitte LLP in St. John’s, a position she held since 2010, providing leadership in the areas of cybersecurity, governance, risk management
Struggling U.S. O&G Companies Eye Rare Financing Deals
of default. DIFFICULT STRATEGY About 40 companies, including Samson Resources Corp, which tried and failed to execute mid-layer lien deals, sought court protection from creditors last year. Roughly one-third are at a high risk of filing bankruptcy this year, according to consulting firm Deloitte. Chesapeake has said it has no plans to file for bankruptcy, and declined to comment. Chesapeake offered to swap new second liens for unsecured notes last year, but few holders of its bonds maturing in 2017 and 2018 participated. Chesapeake executives said on a February conference call
NorSea Group Adds UK Finance Director
and subsea support sectors. She joins MD Walter Robertson and Operations Director Mike Munro in the new team leading the company’s expansion in the UK. Russell has more than 13 years’ experience in the oil and gas industry. She began her accountancy training with Deloitte and Touche, then worked in financial roles with both Qserv and Weatherford before most recently spending almost eight years with Asco as Finance Manager. In her new role with NorSea Group (UK) she will be responsible for overseeing all of the company’s financial functions as well
Deloitte : Investment Crucial for UKCS
The North Sea needs continued investment from businesses and government through its current period of transition, according to a new report from Deloitte, the business advisory firm. Deloitte’s Petroleum Services Group’s latest North West Europe Review, which details drilling, licensing, and deal activity across the region for the whole of 2014, follows a year of change on the United Kingdom Continental Shelf (UKCS), along with volatility in commodity prices over the last five months. The report found that 40 wells were drilled offshore UK throughout the year. This is down on
Strategy Can Maximize UKCS potential
Companies operating in the North Sea require a cultural shift to make the most of the its potential, according to a new report from Deloitte, the business advisory firm. The report, which gauges the oil and gas industry’s reaction to Sir Ian Wood’s Maximising Recovery Review, calls on the new regulator – the Oil and Gas Authority (OGA), the Government and companies operating in the North Sea to adapt to a new reality in the basin. Overall, the research found respondents: Supported a strong new regulator which can demonstrate focus and influence; Wanted HM Treasury to
UK North Sea Activity Report
production but 28% drop in exploration and appraisal drilling The number of fields which began producing oil and gas in the U.K. hit its highest level for five years in 2013, as a number of operators focused on development activity. This is according to the latest report into offshore activity from Deloitte, the business advisory firm. The report, detailing activity across North West Europe over the last 12 months and compiled by Deloitte’s Petroleum Services Group (PSG), found the number of U.K. fields which started production rose by 44% in 2013 (up from nine in 2012 to 13 in 2013). This figure
February 2024
