Pieridae Energy set to launch $10bn Goldboro LNG project next month
The Nova Scotia-based company, Pieridae Energy, has confirmed it could launch its $10bn Goldboro LNG project next month, Financial Post reports.
Alfred Sorenson, Pieridae CEO, anticipates a construction permit will be agreed by Nova Scotia’s government with finalized agreements with contractors to be finalised by the end of August.
Mr Sorensen told the Financial Post: “The next couple of weeks will be critical for the project.”
Pieridae is said to be close to agreeing a deal to link with an Alberta-based natural gas producer, which would enable the firm a natural gas supply for its Goldboro facility.
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The company is planning to commence work on the $10bn terminal by the end of 2018 where it is expected that natural gas from southern Alberta will be kept chilled before it reaches liquid state and is subsequently shipped to a German utility company.
It is thought that in addition with the anticipated Royal Dutch Shell-led $40bn LNG Canada project on the West Coast, the Goldboro project will help increase natural gas prices in Canada and boost the gas sector.
“What we want Pieridae to be when the process is finished is (an integrated) natural gas company that monetizes its natural gas through the LNG market,” Mr Sorenson added.
Microsoft: Building a secure foundation to drive NASCAR
Microsoft is a key partner of The National Association for Stock Car Auto Racing (NASCAR) and together they are driving ahead to create an inclusive and immersive new fan experience (FX).
These long-term partners have not only navigated the challenges posed by the COVID-19 pandemic with the use of Microsoft Teams and Microsoft 365, but are now looking to a future packed with virtual events to enhance the FX, well beyond NASCAR’S famous Daytona racetrack.
“Together, we've created a secure environment that's allowed for collaboration, but the future is all about the fans”, said Melinda Cook, General Manager for Microsoft South USA Commercial Business, who cited a culture of transparency, passion, adaptiveness, and a growth mindset as to why this alignment is so successful.”
“We've partnered to create a fluid, immersive experience for the users that is supported by a secure foundation with Microsoft in the background. We are focused on empowering and enabling customers and businesses, like NASCAR, to reach their full potential. We do this with our cloud platform which provides data insights and security.”
“Our cloud environment allows NASCAR to move forward with their digital transformation journey while we are in the background,” said Cook who highlights that Microsoft is helping NASCAR
- Empower employees productivity and collaboration
- Improve fan engagement and experience
- Improve environment security and IT productivity
- Improve racing operations
Microsoft Teams, which is part of the Microsoft 365 suite, enabled employees to work remotely, while staying productive, during the pandemic. “This allowed people to provide the same level of productivity with the use of video conference and instant messaging to collaborate on documents. Increased automation also allows the pit crews, IT, and the business to focus on safety, racing operations, and on the fan experience,” said Cook.
“We have started to innovate to create a more inclusive fanbase, this includes using Xbox to give people the experience of being a virtual racer or even leveraging some of the tools in Microsoft Teams to have a virtual ride along experience.”
“These environments are how we create a more inclusive and immersive experience for the fans. We're working on a virtual fan wall which allows people from new locations to participate in these events,” said Cook, who pointed out Microsoft was also helping bring legacy experiences alive from NASCAR’s archives.
“At Microsoft we can take it one level further by letting fans know what it's like to see the pit crew experience, the data and all the behind-the-scenes action. We will continue to improve automation with machine learning and artificial intelligence, from marketing to IT operations to finance to racing operations,” said Cook.
Christine Stoffel-Moffett, Vice President of Enterprise Technology at NASCAR, said: “Microsoft is one of our key partners. They have been instrumental in helping the NASCAR enterprise technology team re-architect our Microsoft systems to ensure an advanced level of security across our environment, contribute to our business outcomes, and focus on fan experience.”