Machinery: Abacus digital water batching systemWhy installed: Using buckets is time-consuming, as each one has to be filled and then carried to the mixing vessel, with the total tallied an activity that takes up much of the operator’s working day.How it came about: Owner Nigel Bramman contacted John Morton of Aquameter, which produces water meters for many of the big bakeries. Morton called on the bakery to discuss if, and how, the water meter might help.What it does: The meter is a digital, micro-computer-controlled unit, which delivers pre-selected quantities of water from a single pipe straight into the mixing vessel. This precise water metering means operators can exactly recreate batch consistency every time. It allows automatic batch quantity control of water from a single water source in the temperature range 090C; hot and cold water supplies can be blended using the Abacus thermostatic control valve to give a preset temperature.Tech spec: A water metering device and solenoid valve are located in-line on an enclosure on the water pipe. A solid-state electronic micro-controller with push-button keys and a digital display control the interface between the hardware and the operator. When the required preset batch quantity is set on the digital display, the water solenoid valve opens and water is discharged through the metering device. When the correct amount ofwater has been dispensed, the solenoid valve closes.Problems solved: Bramman finds it has brought savings in both time and cost.Supplied by: Aquameterwww.aquameter.co.uk
continue reading » All consumers have an opinion about the role a financial institutionshould have in their day to day lives. According to Kasasa’s latest consumer study1, younger adults appear to care less about whether their account is with a community financial institution and more about what they can get from that institution.Fortunately, 85% of Americans believe community banks and credit unions are capable of satisfying the majority of their financial needs. Over half (55%) would consider opening an account at a community bank or credit union, but just 3 in 10 would consider a national bank.While megabanks still have majority market share, the gap has shrunk, with 45% of Americans having accounts at national megabanks versus 43% having accounts at local community banks and credit unions.Growing deposits is expected to get harder. The findings above highlight the importance of understanding what consumers value so institutions can offer the right products and services, thus generating deposits – an increasingly challenging task. According to BAI, almost two-thirds of bankers said deposit competition increased over the past year. Over two-thirds expect it to increase in the next year.2 ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
Offshore drilling contractor Shelf Drilling has closed a private placement of $80 million of senior secured notes with an intention to use the proceeds to finance activation and upgrade costs for a drilling rig recently acquired from Maersk Drilling. Shelf Drilling Enterprise, formerly known as Maersk Completer; Image source: Maersk DrillingTo remind, Shelf Drilling and Maersk Drilling in early January 2020 closed a transaction related to the sale of the Maersk Completer jack-up rig. The rig was then renamed Shelf Drilling Enterprise.Later in January Shelf Drilling secured a contract for the Shelf Drilling Enterprise with Chevron for operations in the Gulf of Thailand.Shelf Drilling announced on Thursday that Shelf Drilling Holdings, one of the company’s indirect, wholly-owned subsidiaries, had closed a private offering of $80 million aggregate principal amount of 8.750% senior secured notes due 2024.The company said it intends to use the net proceeds from the notes offering to replenish its liquidity following the acquisition of the rig and to finance the remaining reactivation and upgrade costs associated with the deployment of the rig in advance of the contract scheduled to start in August 2020 in the Gulf of Thailand.The notes have been issued at an issue price of 100% and will mature on November 15, 2024. The notes have been guaranteed by the company and certain of its indirect subsidiaries that guarantee Shelf Drilling Holdings’ existing indebtedness and are secured by a second lien on substantially all of the assets that secure Shelf Drilling Holdings’ revolving credit facility.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Also, if you’re interested in showcasing your company, product, or technology on Offshore Energy Today, please contact us via our advertising form where you can also see our media kit.
Darren Miller was in the right place at the right time Saturday at Port Royal Speedway to win the Pennsylvania Sprint Series Keysone IMCA RaceSaver Challenge. (Photo by Christi Baker)PORT ROYAL, Pa. (Oct. 6) – Darren Miller seemed destined for the runner-up spot Saturday at Port Royal Speedway but a strange incident set him up for the biggest win of his IMCA RaceSaver Sprint Car career.Kyle Smith was all set for a weekend sweep as he drew the pole position for the Pennsylvania Sprint Series Keystone RaceSaver Challenge event and led every lap.Except the last one.On the final circuit, as Smith drove into the last turn, an incident blocked the track ahead of him. Smith entered the turn on the high side with traffic below and had no time or opening to make it through.Miller was just far enough behind that he was able to make a last second maneuver to avoid contact and went on to grab the one lap dash for the win. Miller earned $1,200 for the victory, which included $400 in bonuses based on years with RaceSaver and races run in 2018.Former winner Jeff Miller Jr. came home second followed by Zach Newlin, Austin Bishop and Jonathan Jones. Fifty-two cars were entered.Justin Clark traveled from Ohio and picked up a seventh place finish earning the longest traveler bonus for the top 10 and the top 20 netting him an additional $300; 52 cars were on hand for the event.Smith had picked up the win Friday as 42 cars battled at Williams Grove Speedway to earn the guaranteed starter spot the next night at Port Royal. Drew Ritchey, Tyler Denochick, Miller and Scott Ellerman rounded out the top five. Miller’s finish earned him the Beer Hill Cup Summer Series Championship after Zach Newlin lost an engine early in the night.Feature ResultsFriday – 1. Kyle Smith; 2. Drew Ritchey; 3. Tyler Denochick; 4. Darren Miller; 5. Scott Ellerman; 6. Jaremy Hanson; 7. Dave Grube; 8. Ken Duke Jr.; 9. John Scarborough; 10. Jeff Geiges; 11. Jay Krout; 12. Ryan Stillwaggon; 13. Tyler Reinhardt; 14. Erin Statler; 15. Ryan Lynn; 16. Ian Detweiler; 17. Scott Frack; 18. Devin Adams, 19. Daren Bolac; 20. John Walp; 21. Brad Mellott; 22. Eric Husick, 23. Greg Dobrosky, 24. Jonathan Jones.Saturday – 1. Darren Miller; 2. Jeff Miller Jr.; 3. Zach Newlin; 4. Austin Bishop; 5. Jones; 6. Stillwaggon; 7. Justin Clark; 8. Ellerman; 9. Duke; 10. Lynn; 11. Roger Irvine; 12. Jake Waters; 13. Kyle Ganoe; 14. Jon Haegele; 15. Geiges; 16. Jacob Gomola; 17. Samantha Lieberman; 18. Frack; 19. Fred Arnold; 20. Rick Stief; 21. Ritchey; 22. Smith; 23. Nick Sweigart; 24. Mellott.