Brevan Howard chief to ditch City for Switzerland this year

first_img Show Comments ▼ KCS-content Monday 14 March 2011 9:28 pm Tags: NULL EUROPE’s largest hedge fund manager, Brevan Howard Asset Management, will see another of its top executives move to Switzerland this year. Australian co-chief executive Nagi Kawkabani said the decision to leave London is purely a “lifestyle choice”.But the move will inflame fears that London is becoming a less attractive home for top-earners due to its stringent rules on pay and effective tax rate of 51 per cent on personal income. Brevan Howard has seen a raft of its staff move to Switzerland since opening an office in Geneva in 2009. Last year, Alan Howard, co-founder of the firm, moved there and the asset manager has plans to double its Geneva headcount this year. It has $32.6bn (£20.1bn) in assets under management. Brevan Howard chief to ditch City for Switzerland this year whatsapp whatsapp Share Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe Wraplast_img read more

UK racing to go spectator-free

first_img16th March 2020 | By contenteditor The British Horseracing Association (BHA) has announced that scheduled racing events will continue to take place, albeit without spectators and with restrictions on the number of attendees, as a result of the novel coronavirus (Covid-19) pandemic. The British Horseracing Association (BHA) has announced that scheduled racing events will continue to take place, albeit without spectators and with restrictions on the number of attendees, as a result of the novel coronavirus (Covid-19) pandemic.This has been agreed by the BHA, the Racecourse Association and the Horsemen’s Group. It will be in place for all races in England, Wales and Scotland, initially until the end of March, starting with meetings at Taunton and Wetherby racetracks from tomorrow (17 March).The BHA explained that it aims to hold race meetings as scheduled wherever possible, but admitted that the situation was very fluid, meaning cancellations were possible. It would make every effort to notify customers and the betting industry at the earliest opportunity, the association added.“Racecourses and racing yards are embedded in their local communities and we are acutely aware of our responsibilities to protect public health,” BHA chief executive Nick Rust explained.“The restrictions we are putting in place to close racing to spectators and limit attendees will reduce demand on public services. We also have a range of measures in place designed in response to the government’s guidance on public health and we will continue to update these as appropriate.”This forms part of a plan to continue horse racing in the most sustainable fashion, while minimising risk to staff and freeing up public services.The BHA will notify the Department for Culture, Media and Sport of its plan today (16 March).“We acknowledge that today’s decision will also impact on local businesses, especially hotels and restaurants, who are struggling at this time,” Rust continued.“We are following the government’s advice to strike a balance between protecting public health and maintaining business activity and will continue to do so.“We thank our customers and staff for their support.”News that British racing is set to continue comes in the wake of almost all other elite sporting events being postponed in the wake of Covid-19.According to updates from operators such as William Hill and GVC Holdings, major events such as the Uefa European Championships are likely to be postponed or pushed back a year.The pair also expect major racing events such as the Grand National and Royal Ascot to be cancelled. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Subscribe to the iGaming newsletter Horse racing Tags: Mobile Online Gambling OTB and Betting Shops Race Track and Racino UK racing to go spectator-free Regions: UK & Ireland Topics: People Sports betting Strategy Horse racing Email Addresslast_img read more

Ghana Commercial Bank Limited (GCB.gh) Q32014 Interim Report

first_imgGhana Commercial Bank Limited (GCB.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2014 interim results for the third quarter.For more information about Ghana Commercial Bank Limited (GCB.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Ghana Commercial Bank Limited (GCB.gh) company page on AfricanFinancials.Document: Ghana Commercial Bank Limited (GCB.gh)  2014 interim results for the third quarter.Company ProfileGhana Commercial Bank Limited is a financial services institution offering banking products and services for the personal, commercial, corporate and treasury sectors. Its product offering is geared to offer financial solutions for loans, overdrafts, deposits, investments, money transmission and international services. Its Personal banking division offers consumers the choice of a Kudi Nkosuo account, Flexsave account, Save and Prosper account, overdrafts and loans and ReadyCash ATMs. Additional services offered by its business division includes corporate and investment services such as call accounts, treasury bills, fixed deposit accounts and Money Transfer. Ghana Commercial Bank Limited facilitates foreign banking and overseas inward money transfers. Its Treasury division manages market risk exposures and funding requirements as swell as overdraft facilities, bulk cash collection, trade finance, payroll solutions and electronic banking services. Ghana Commercial Bank Limited is listed on the Ghana Stock Exchangelast_img read more

Grit Real Estate Income Group Limited (DEL.mu) 2017 Annual Report

first_imgGrit Real Estate Income Group Limited (DEL.mu) listed on the Stock Exchange of Mauritius under the Financial sector has released it’s 2017 annual report.For more information about Grit Real Estate Income Group Limited (DEL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Grit Real Estate Income Group Limited (DEL.mu) company page on AfricanFinancials.Document: Grit Real Estate Income Group Limited (DEL.mu)  2017 annual report.Company ProfileGrit Real Estate Income Group Limited is a property investment company that is particularly interested in African real estate assets. The company mainly deals with US dollar and Euro denominated medium to long term leases with high quality global graded tenants. Grit Real Estate Income Group Limited also operates in Morocco. Mozambique, Mauritius, Kenya and Zambia. Grit Real Estate Income Group Limited has a primary listing on the Johannesburg Stock Exchange, and a secondary listing on the Stock Exchange of Mauritius.last_img read more

Premier Paints Plc (PREMPA.ng) 2018 Abridged Report

first_imgPremier Paints Plc (PREMPA.ng) listed on the Nigerian Stock Exchange under the Building & Associated sector has released it’s 2018 abridged results.For more information about Premier Paints Plc (PREMPA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Premier Paints Plc (PREMPA.ng) company page on AfricanFinancials.Document: Premier Paints Plc (PREMPA.ng)  2018 abridged results.Company ProfilePremier Paints Plc manufactures and markets paint and coating products for the decorative, industrial and commercial sectors in Nigeria. The decorative range includes emulsion, gloss and textured products; the industrial range includes red oxide primer, bright aluminum paint for street light poles, bridge railings and storage tanks, and black bituminous paint, quick dry cellulose, fast dry enamel, primer surfacer, alkyd floor paint, epoxy floor paint, roof paint and stoving enamel paint; the marine range includes epoxy hybrid paint, epoxy primer red paint, epoxy finish paint and polyurethane finish paint; the wood finishes range includes a glossy finish for interior and exterior wood surfaces; the auto refinishes range includes solid, metallic, varnish and primer; thinners and solvents include a biocidal solution to control the growth of biocide, fungicide and algaecide; and the company produces a product for road marking. Premier Paint Company is a subsidiary of Red Sea Housing Services Company Limited. The company head office is in Jeddah, Saudi Arabia. Premier Paints Plc is listed on the Nigerian Stock Exchangelast_img read more

The Apple Store / pH+

first_imgArchitects: pH+ Area Area of this architecture project Projects ArchDaily 2016 “COPY” Architect In Charge:pH+City:GoudhurstCountry:United KingdomMore SpecsLess SpecsSave this picture!© Tim SoarRecommended ProductsWindowsStudcoSteel Window Reveal – EzyRevealWindowsC.R. LaurenceCRL-U.S. Aluminum Unit-Glaze SystemWindowsAir-LuxSliding Window – CurvedWindowsSolarluxSliding Window – CeroText description provided by the architects. The Apple Store is a lovingly designed flexible and fun family home located in the heart of Goudhurst, Kent, situated within an Area of Outstanding Natural Beauty known as ‘the Goudhurst Fruit Belt’. The project sees an apple packing station transformed into a vibrant five-bedroom family home and live/work space complete with triple height yoga studio, photography workshop, pool and children’s secret hideaways. The project was subject to strict conditions by the planners requiring the visual integrity, scale, structure and agricultural character of the original Fruit packing Station be retained. The part business designation (class B1) also had to be retained which supplements the new C3 use creating a truly integrated and highly successful Living and Working Space.Save this picture!1st Floor PlanSave this picture!© Andy GlassLarge open-plan spaces are created under the free-span industrial roof, with rooms divided by sliding doors constructed from birch plywood. The communal areas at ground level and the cellular private spaces above are all oriented around a triple-height internal courtyard in the centre of the house. The generous volume of this space can be used as a workshop,yoga studio or badminton court, located underneath original metal beams, which are exposed but painted white to match the cool interior finishes. The main living spaces feature large aperture windows framing key vistas to the surrounding woodland. In spring an apple orchard will be planted on site as a continuation of the ‘Goudhurst Fruit Belt’ serving as a reminder of the history of the site.Save this picture!© Tim SoarLow cost materials have been used throughout the project in inventive ways to deliver interiors of affordable luxury, throughout the home polished concrete floors flow seamlessly from one room to another. The building is topped by a corrugated metal roof, featuring private terraces and refurbished extract cowls that are now chimneys for the log burning stoves below.Save this picture!© Tim SoarThe Apple Store is divided with flexible studios and workspaces to the east and living areas to the west. A 5m x 10m swimming pool is located at the furthest end of the building, including a large glazed opening looking out onto the adjacent woods. This aspect remains hidden from neighbouring properties, offering the family privacy while swimming. The home sensitively retains and celebrates the utilitarian and agricultural DNA of the building whilst showcasing beautifully and carefully considered modern interventions throughout the space. The combination of the historic and contemporary provides a large canvas for ever changing living patterns which will evolve with the family Save this picture!© Tim SoarAndy Puncher, Director of pH+, said: “The Apple Store was a really exciting project to work on from a planning policy and cost effectiveness point of view to deliver a materiality and quality of spaces which work for both residential and commercial uses within an agricultural aesthetic at approximately £1000 / m2. It is truly a building of, from and integral to its place delivering”Save this picture!ElevationSave this picture!ElevationProject gallerySee allShow lessFrank Gehry’s Online Masterclass: A Review By Architecture StudentsArticlesDear Employers: Do You Want an Architect or a Revit Monkey?Articles Share Save this picture!© Tim Soar+ 26Curated by Fernanda Castro Share Area:  900 m² Year Completion year of this architecture project CopyHouses•Goudhurst, United Kingdom The Apple Store / pH+Save this projectSaveThe Apple Store / pH+ ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/887389/the-apple-store-ph-plus Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/887389/the-apple-store-ph-plus Clipboard United Kingdom Structural Engineer: BCS Builders CopyAbout this officepH+OfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesEnglandGoudhurstUnited KingdomPublished on January 22, 2018Cite: ” The Apple Store / pH+” 22 Jan 2018. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesSynthetics / AsphaltMitrexSolar RoofMetal PanelsAurubisCopper Alloy: Nordic RoyalPlumbingSanifloGreywater Pump – Sanifast®SWH190WoodLunawoodInterior ThermowoodMembranesEffisusAVCL Systems for FacadesSinksCosentinoBathroom Collection – Silestone® WashbasinsDoorsStudcoPocket Door Trims – CavKitWoodStructureCraftEngineering – Architectural & FreeformMetal PanelsRHEINZINKPanel Surface Finish – prePATINA-LineHanging LampsEureka LightingSuspended Lights – BloomMetallicsBaileyFacade Systems- I-Line Snap-On Feature ChannelMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Photographs R&J Structural Solutions Ltd Planning Consultant: Main Contractor: Manufacturers: Kingspan Insulated Panels, Blackledge, Leay, XL Pools Photographs:  Tim Soar, Laura La Greca, Andy Glass, Emma Flanagan, Andy Puncher Manufacturers Brands with products used in this architecture project The Apple Store / pH+ Year:  Houses “COPY” Judith Norris Ltd.last_img read more

Concrete Light House / HYLA Architects

first_imgCopyAbout this officeHYLA ArchitectsOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesIcebergSingaporePublished on September 16, 2019Cite: “Concrete Light House / HYLA Architects” 16 Sep 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialMetal PanelsDri-DesignMetal Panels – CopperIn architectureSikaBuilding Envelope SystemsExterior DeckingLunawoodThermowood DeckingMembranesEffisusFaçade Protection – Breather+Metal PanelsPure + FreeFormCustom Metal Cladding – Legacy Fund 1 BuildingWood Boards / HPL PanelsInvestwoodWood Fiber Partition Walls – ValchromatDoorsLinvisibileLinvisibile FILO 10 Vertical Pivot Door | BrezzaSkylightsFAKROEnergy-efficient roof window FTT ThermoToilets / BidetsBritexToilets – Accessible Centurion PanMore products »Save想阅读文章的中文版本吗?混凝土日光住宅 / HYLA Architects是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Houses Projects Architects: HYLA Architects Area Area of this architecture project Lead Architect: Photographs:  Derek Swalwell Manufacturers Brands with products used in this architecture project “COPY” Han Loke Kwang “COPY” Structural Engineer:Thymn Pte LtdMain Contractor::Emma Groups Construction Pte LtdLandscape Contractor:Green Forest Landscape Pte LtdDesign Team:Yingzi Fu, Tran Thi Thu Trang, Thomas OngCountry:SingaporeMore SpecsLess SpecsSave this picture!© Derek SwalwellRecommended ProductsDoorsStudcoAccess Panels – AccessDorWoodAccoyaAccoya® Cladding, Siding & FacadesEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornWoodEGGERLaminatesText description provided by the architects. The plasticity and structural capability of concrete presents a myriad of construction details deserving of one’s attention and showcase as done so in this house.Save this picture!© Derek SwalwellAt the very early stage of the design process, model making is a powerful tool to study the geometry of form and structural function, the modularity and the porosity. Designed with a clarity of structure in mind, the model’s shell was crafted in vertical and horizontal balsa wood strips, representing the concrete columns and beams / louvers in a modular size. When it comes to construction, the module is once again precisely formulated based on the actual dimension of pine board-form strip, yet adhered to its structural specification, resulting in a chamfer in-between the panels which perfectly emphasizes the division of the modules as how it was aimed to.Save this picture!© Derek SwalwellSave this picture!Second floor and mezzanine planSave this picture!© Derek Swalwell Draping over both the house and the swimming pool, this concrete lattice blurs the boundary between indoor and outdoor space. The swimming pool unassumingly extends deep into the house to become the key focus in the planning of spaces around this triple volume “courtyard”. From the inside, the spatial experience is animated by the array of framed apertures to the exterior green that extends to become part of the landscape of the interior.Save this picture!© Derek SwalwellProject gallerySee allShow lessKULT Barber Shop / Sivak&PartnersSelected ProjectsTian’an Cloud Park (Phase I) / M.A.O.Selected Projects Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/924784/concrete-light-hyla-architects Clipboard Area:  491 m² Year Completion year of this architecture project CopyHouses•Singapore Manufacturers: Miniforms, Unique Home Design & Construction Photographs Singapore Concrete Light House / HYLA Architects Concrete Light House / HYLA ArchitectsSave this projectSaveConcrete Light House / HYLA Architects 2018 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/924784/concrete-light-hyla-architects Clipboard ArchDaily Year:  Save this picture!© Derek Swalwell+ 22Curated by Paula Pintos Sharelast_img read more

Beach volleyball goes 1-1 on first day of Gamecock Challenge

first_imgJonathan Abrahamhttps://www.tcu360.com/author/jonathan-abraham/ Facebook Linkedin Jonathan Abraham Another series win lands TCU Baseball in the top 5, earns Sikes conference award + posts Facebook printTCU beach volleyball went 1-1 in Saturday’s opening matches of the Gamecock Challenge by defeating Alabama-Birmingham, 4-1, and losing to Florida Gulf Coast, 3-2.In the victory over UAB, Jordan Westendorff and Brooke Sassin earned TCU’s first win of the match by defeating Erin Bognar and Emily Martinez, 17-21, 21-11, 15-9. The Horned Frog combo of Jaelyn Greene and Jillian Bergeson needed only two sets to best Kaylee McClure and Tressa Buckland, 21-19, 21-19.TCU clinched the victory over UAB after Haven Hill and Cassie House defeated Devon May and Kenley Adams, 21-11, 18-21, 15-12.TCU’s Jensyn Bledsoe and Molly Scheel had a three-set battle against Avei Logoleo and Haley Jared before coming up with the victory, 21-16, 19-21, 15-13, which was the Horned Frogs’ final victory over UAB.“We have grown after the tough weekend we had in California, and we’re more competitive and calmer in these situations,” TCU beach head coach Hector Gutierrez said. “We needed the three tiebreaks, and the girls are doing a good job under pressure. The girls finally got a win under their belts after a long time, and I’m happy for them.”In the loss to FGCU, TCU’s Sassin and Westendorff did defeat Alayna Ryan and Kaitlan Krivdo, 21-11, 21-18. The other victory for the Horned Frogs over the Eagles occurred when House and Hill defeated Mackenzie Allen and Amanda Carroll, 21-7, 21-18.The Horned Frogs resume action Sunday as they face off against UNC-Wilmington at 9 a.m. and No. 8 South Carolina at 1 p.m. on Wheeler Beach, closing out the Gamecock Challenge.“It’s going to be a hard day, and everything is going to be tough,” Gutierrez said. “We need to keep being competitive and the matches will probably go down to three sets, and we need to have the same concentration level we did today.” Jonathan Abrahamhttps://www.tcu360.com/author/jonathan-abraham/ Linkedin Women’s basketball defeats Alcorn State to tie best start to a season TCU vs Tulane beach volleyball at TCU in Fort Worth, Texas on March 03, 2018. (Photo by/Sharon Ellman) Jonathan Abrahamhttps://www.tcu360.com/author/jonathan-abraham/ What we’re reading: Attempts for background checks on stranger-to-stranger gun sales in Texas TCU rowing program strengthens after facing COVID-19 setbacks ReddIt Athletics Weekend Roundup: equestrian triumphs, swim and dive falters, and women’s golf finishes strong Jonathan is a journalism major from Philadelphia who is also minoring in Spanish. When Jonathan is not writing for TCU 360, he enjoys watching his favorite sports teams (76ers, Eagles, Union, Phillies, and Flyers). Twitter Twitter ReddIt Previous articleCollege Republicans host Back the Blue WeekNext articleTCU defeats South Dakota, advances to WNIT Final Four Jonathan Abraham RELATED ARTICLESMORE FROM AUTHOR Jonathan Abrahamhttps://www.tcu360.com/author/jonathan-abraham/ TCU baseball finds their biggest fan just by saying hello What we’re reading: Most Texas House members disapprove of Trump’s Syria actionslast_img read more

The Week Ahead: Update on CARES Act

first_img The Week Ahead: Nearing the Forbearance Exit 2 days ago The Best Markets For Residential Property Investors 2 days ago The Week Ahead: Update on CARES Act Home / Daily Dose / The Week Ahead: Update on CARES Act May 17, 2020 1,263 Views  Print This Post in Daily Dose, Featured, Government, News Share 2Save Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe About Author: Seth Welborn Related Articles Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago On Monday, Treasury Secretary Steven Mnuchin and Federal Reserve Chair Jerome Powell will update Congress on the CARES Act and the next steps for the Act’s programs.The U.S. Department of the Treasury and the Internal Revenue Service announced earlier this month that 130 million Americans have received Economic Impact Payments, worth more than $218 billion. “This Administration has delivered Economic Impact Payments to Americans in record time,” said Treasury Secretary Steven T. Mnuchin. “More payments are on their way as we continue to deliver this much-needed relief to the American people.”The Treasury expects to deliver more than 150 million Economic Impact Payments in total.A report by Redfin found that 75% of the nation’s renters could afford to pay a single month’s housing expenses with the max sum of $1,200, while only 50% of America’s homeowners could do the same.Additionally, the U.S. Department of Housing and Urban Development (HUD) announced the allocation of the third wave of CARES Act relief totaling $1 billion through its Community Development Block Grant (CDBG) program.HUD has provided over $3 billion in CDBG funding to combat the effects of COVID-19.“Coronavirus has impacted our communities and populations in unprecedented ways, and while some begin to see a decline in reported cases, others continue to fight this invisible enemy aggressively,” said HUD Secretary Dr. Benjamin Carson. “This funding will afford states the ability to respond to the unique circumstances they are facing—from reducing the risk of transmission to regaining the sound footing of their economy. This is the third wave of funding the Department has provided to States, and we will continue to execute a detailed and swift response until the days of COVID-19 are behind us.”Here’s what else is happening in the Week Ahead:DS5: Inside the Industry videos (May 18, 20, 22)U.S. Census Bureau Housing Starts, Permits (May 19)NAR Existing Home Sales (May 21) The Best Markets For Residential Property Investors 2 days ago Previous: Servicing Experts Talk Forbearance Practices Next: Recession Versus Depression: Housing Impact Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. CARES act 2020-05-17 Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Tagged with: CARES actlast_img read more

Coronavirus case confirmed at Equinor’s Martin Linge field offshore Norway

first_imgEquinor has introduced measures to prevent further contamination of the offshore installations from coronavirus The Martin Linge platform in the North Sea. (Credit: Jan Arne Wold / Woldcam – Equinor ASA) Norwegian firm Equinor has confirmed one positive case of the coronavirus at its Martin Linge oil and gas field located in the North Sea.The infected person, before arriving at the field on 04 March 2020, had visited Austria.However, upon listing Austria as a high-risk destination, the person was isolated onboard and subsequent tests were conducted on him to test coronavirus infection.After the person was tested positive for coronavirus, the firm has introduced measures to prevent further contamination of the offshore installation.Equinor, which is negotiating with the Norwegian health authorities about further measures, is due to decide on when to transfer the infected person to ashore.Two further persons, who also visited high-risk destinations, at the field are also being tested. The reports are yet to be received, the company noted.Although there are no additional persons with symptoms at the field, medical staff are following up the 776 persons working on the project and spread across three offshore installations.Equinor plans to reduce the activity on Martin Linge fieldEquinor said it plans to reduce the activity on the field and is assessing further measures to prevent the contamination.The field is scheduled to commence production by the end of 2020. The development plan comprises a jacket-based integrated wellhead, production and accommodation platform and a permanently anchored oil storage vessel.The field, which is located 42km west of the Oseberg field in the Norwegian North Sea, is operated by Equinor with 70% stake. The remaining 30% stake is held by Norway’s state-owned Petoro (30%).Recently, Equinor has pledged to at least halve its carbon intensity by 2050, a goal that includes emissions generated by the consumption of its oil and gas products by end-users.last_img read more