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With Oil and Gas Industry Safety Concerns at the Forefront, SynergyXR Delivers Scalable Immersive Safety Solutions

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Oil and gas industry safety concerns, risks, injuries, and fatalities are on the rise. SynergXR delivers scalable extended reality (XR), virtual reality (VR), augmented reality (AR), and spatial computing solutions to educate and train instructors, workers, and stakeholders while mitigating risks. Precision Drilling and Texas A&M offer insights on the efficacy of immersive technologies for safety in the oil and gas industry.

HOUSTON, June 26, 2024 /PRNewswire-PRWeb/ — In an industry where safety is paramount, SynergyXR is pioneering the use of extended reality (XR), virtual reality (VR), augmented reality (AR), and spatial computing technology to enhance safety protocols and training in the oil and gas industry. As recent statistics from the U.S. Chemical Safety Board and the Bureau of Safety and Environmental Enforcement highlight an alarming number of accidents and fatalities on oil and gas drilling rigs, SynergyXR is committed to providing value through scalable immersive solutions to help mitigate these risks.

Our industry-leading technology is a competitive advantage that we are proud to offer to our clients in a variety of industries, particularly oil and gas. — Mads Troelsgaard, CEO of SynergyXR

The oil and gas industry and sectors like energy, manufacturing, mining, and construction often face hazardous and potentially life-threatening situations. XR technologies combine the physical and digital worlds to create immersive and interactive experiences. These training systems offer a safe and risk-free environment for trainers and employees to practice their skills, allowing them to handle dangerous scenarios without the fear of personal harm or equipment damage. This immersive technology ensures that trainees are well-prepared to face real-world challenges, thus significantly reducing the risk of accidents while reducing costs and training time, and simultaneously increasing memory retention through experiential learning.

Enhancing Safety in Oil and Gas Through Immersive Technology

In oil and gas, XR technology enables workers to experience the complexities of offshore and onshore platforms, manage high-pressure situations, and respond effectively to potential accidents. Dr. Faisal Irshad Khan, a professor in the Artie McFerrin Department of Chemical Engineering and director of the Mary Kay O’Connor Process Safety Center (MKOPSC) at Texas A&M, states, “The integration of XR, VR, AR, and spatial computing technologies in training programs has the potential to revolutionize the oil and gas industry. By immersing personnel in realistic environments, these technologies build familiarity and reduce accidents. Moreover, the use of these technologies helps in analyzing the range of high-risk scenarios and to train personnel on these scenarios safely.”

Working and living safely with chemicals is the ultimate focus of the Mary Kay O’Connor Process Safety Center under Dr. Khan. The MKOPSC was established in memory of Mary Kay O’Connor in 1995. Ms. O’Connor was an operations superintendent who was killed in an explosion in 1989. The MKOPSC is dedicated to saving lives in the oil and gas industry through professional training, upskilling, and competency-building programs. These initiatives also help organizations comply with safety regulations and adopt preventative measures.

According to the Bureau of Safety and Environmental Enforcement, in 2019 there were 6 deaths and 222 injuries on offshore oil rigs, the highest number since 2010. From 2015 to 2020, there were 19 fatalities and 106 injuries in the US offshore oil and gas industry, with injuries in the mining, quarrying, and oil and gas extraction industries among the highest in the US (16.6 per 100,000 workers).

Innovative Solutions Drive Adoption

Precision Drilling, a leading provider of safe and environmentally responsible services to the energy industry, has integrated immersive training from SynergyXR into their EverGreen™ suite of environmental solutions. This move complements their industry-leading digital technology portfolio. Precision Drilling’s EverGreen™ solutions are comprised of economically viable emissions reduction technologies, with the goal of displacing diesel fuel as the primary energy source in drilling operations.

Rob Houston, VP of Drilling Technology at Precision Drilling, highlighted the challenges in adapting to evolving industry expectations: “As technology evolves, so do the workflows on our drilling rigs. While traditional training methods can be inefficient and impractical, staged training that begins before deployment and continues afterward has proven effective. Our vision is to seamlessly integrate live competency assessments that enhance user proficiency.”

He expressed enthusiasm about the collaboration: “Our experience with SynergyXR has been transformative. Their expertise in oil and gas, combined with scalable immersive training solutions, perfectly aligns with Precision Drilling’s approach to technical innovation.” This partnership represents the initial phase of a broader initiative within Precision Drilling, targeting broad-based recruitment strategies and investor relations alike. By leveraging SynergyXR’s immersive training solutions, Precision Drilling aims to optimize operational efficiency and safety across its entire business ecosystem.

“Through our collaboration with SynergyXR and combined expertise, we have successfully bridged communication gaps and elevated our safety protocols,” Mr. Houston continues. “With fully equipped training centers in both the US and Canada, we can rapidly deploy training across our extensive fleet of drilling rigs. This streamlined approach not only reduces travel and training time but also enhances our team’s capacity to retain critical information acquired during immersive training.”

Dr. Khan adds, “Partnerships between technology leaders like SynergyXR and Precision Drilling are crucial in demystifying and mainstreaming these immersive innovations. These partnerships are important in terms of exploring the current and future use of these technologies, but also in being able to identify the areas where improvements are needed.”

According to SynergyXR’s CEO Mads Troelsgaard, “In today’s dynamic digital landscape, transformation is not just about staying relevant; it is about seizing the lead with technology that’s already proven its worth. Our industry-leading technology is a competitive advantage that we are proud to offer to our clients in a variety of industries, particularly oil and gas.” This commitment to innovation and safety is paving the way for a safer, more efficient oil and gas industry.

About the Mary Kay O’Connor Process Safety Center (MKOPSC) at Texas A&M

The Mary Kay O’Connor Process Safety Center (MKOPSC) is the world’s foremost university-based Process Safety Center. The Center serves industry, government, academia, and the public. It is a resource in education and research and provides service to all stakeholders. MKOPSC is guided by a Steering Committee of consortium member companies and a Technical Advisory Committee of industry experts. Industry guidance ensures that Center activities are relevant to the actual practice of process safety. Over the past 20 years, the body of work created by the Center has led to the inarguable recognition as an unbiased science-based organization focused on creating dialogue and consensus on difficult scientific topics, amongst all stakeholders. Learn more at https://psc.tamu.edu/

About Precision Drilling

Precision is a leading provider of safe and environmentally responsible High Performance, High Value services to the energy industry, offering customers access to an extensive fleet of Super Series drilling rigs. Precision has commercialized an industry-leading digital technology portfolio known as Alpha™ that utilizes advanced automation software and analytics to generate efficient, predictable, and repeatable results for energy customers. Drilling services are enhanced by their EverGreen™ suite of environmental solutions, which bolsters Precision’s commitment to reducing the environmental impact of their operations. Additionally, Precision offers well service rigs, camps, and rental equipment all backed by a comprehensive mix of technical support services and skilled, experienced personnel.

Precision is headquartered in Calgary, Alberta, Canada, and is listed on the Toronto Stock Exchange under the trading symbol “PD” and on the New York Stock Exchange under the trading symbol “PDS”. For further information about Precision, please visit precisiondrilling.com.

Media:

Link to Video https://vimeo.com/957711435/00d707cc9f?share=copy

Link to SynergyXR Oil and Gas information page with case studies, video, and images https://synergyxr.com/news-and-updates/oil-gas-safety-xr-vr-ar/

About SynergyXR

SynergyXR is the leading no-code XR and Spatial Computing SaaS platform for the manufacturing and energy sectors, enabling companies to build, operate, and optimize safe immersive virtual learning and training programs at a scale, speed, and cost not previously possible. For more information, please visit synergyxr.com.

Oil and Gas Industry Stats

Chemical Safety Board Statistics:

The Chemical Safety Board (CSB) reported that in the past year alone, there have been over 200 incidents resulting in 30 fatalities and numerous injuries on oil and gas drilling rigs. This information is corroborated by recent reports on the CSB’s website, emphasizing the ongoing safety challenges in the industry (Prevent Chemical Disasters) (UPI).

Bureau of Safety and Environmental Enforcement (BSEE) 2019 Statistics:

In 2019, the Bureau of Safety and Environmental Enforcement (BSEE) recorded 6 deaths and 222 injuries on offshore oil rigs, marking the highest number since 2010. This data is available through BSEE’s annual safety performance reviews, highlighting a notable increase in incidents that year (UPI).

Media Contact

Taylor L. Cole, APR, TV with TLC, 1 9723334343, TaylorLCole@gmail.com

Andy Grantham, SynergyXR, 45 5195 0172, Ag@synergyxr.com, SynergyXR.com

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SOURCE SynergyXR

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Marvion Inc. Subsidiary Signs Agreement with Engineering Firm for Construction of New State-of-the-Art Warehouse Facility

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HONG KONG, Nov. 14, 2024 /PRNewswire/ — Marvion Inc. (OTC: MVNC) is pleased to announce that its subsidiary United Warehouse Management Limited has officially signed a quotation agreement with Star Warehouse Engineering Limited for the construction of a new, state-of-the-art warehouse facility. The new warehouse will be strategically located to support the company’s growing logistics and storage operations, underscoring MVNC’s commitment to scaling up its infrastructure to meet the increasing market demand.

The new warehouse will feature two floors, each spanning 18,000 square feet, for a total floor area of 36,000 square feet. This expansion is set to enhance MVNC’s storage capabilities, streamline supply chain efficiency, and optimize logistics operations to better serve its expanding customer base.

Strategic Infrastructure Investment to Drive Long-Term Growth

This significant investment marks a crucial step in MVNC’s long-term strategic plan to solidify its position as a leader in the logistics and storage services sector. The new warehouse will not only bolster the company’s existing storage capacity but also enable the integration of advanced logistics and storage technologies. The facility will be equipped with modern automated systems with artificial intelligence engine to support high-volume inventory management and faster turnaround times, further strengthening MVNC’s competitive advantage in the region.

Commenting on this milestone, Mr. Chan Sze Yu, CEO of Marvion Inc., said:
“This new warehouse is a testament to our commitment to expanding our infrastructure to meet the ever-growing demand in the logistics industry. By investing in this state-of-the-art facility, we are positioning Marvion to better serve our clients and seize emerging opportunities in the market. This project will not only enhance our operational efficiency but also increase our capacity to support strategic partners like FedEx, SF Express, and other key clients.”

Supporting Sustainable Growth in the Asia-Pacific Region

Aligned with MVNC’s sustainability goals, the new facility will incorporate environmentally friendly design elements, such as energy-efficient lighting systems and optimized insulation to reduce energy consumption. These initiatives underscore MVNC’s dedication to promoting sustainable business practices while driving growth.

The construction is scheduled to begin in Q4 2024, with completion expected by the end Q2 2025. The new facility is projected to generate significant operational synergies, contributing to the company’s continued revenue growth and profitability.

About Marvion Inc.

Marvion Inc. (OTC: MVNC) is a leading logistics and warehousing solutions provider based in Hong Kong. The company specializes in offering one-stop transport and storage services to business clients, leveraging advanced digital technologies and efficient inventory management systems.

Company Website: www.unitedksk.com

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SOURCE Marvion Inc.

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American Liver Foundation Hosts the 33rd Annual Irwin M. Arias Symposium

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Virtual and in-person event, Bridging Basic Science and Liver Disease, brings together hundreds of leading biomedical scientists and physicians from across the globe 

FAIRFIELD, N.J., Nov. 14, 2024 /PRNewswire/ — American Liver Foundation is excited to host its 33rd annual Irwin M. Arias Symposium, Bridging Basic Science and Liver Disease, on Wednesday, November 20th from 9AM to 5PM ET. Hundreds of leading biomedical scientists and physicians around the world will come together for this prestigious hybrid, in-person and virtual, one-day event. Each presentation highlights remarkable scientific advances in basic biology and engineering while also providing cutting edge research for a better understanding of liver diseases and the best treatment options available today.

Bridging Basic Science & Liver Disease brings together leading biomedical scientists and physicians from across globe

This informative symposium features 10 unique plenary talks from renowned researchers such as Presidential Medal of Freedom recipient and physician-geneticist Francis S. Collins, MD, PhD, who led the Human Genome Project and discovered the genes causing several genetic diseases. He also served under three Presidents as the Director of the U.S. National Institutes of Health (NIH), the largest supporter of biomedical research in the world. He is currently leading a bold effort to eradicate Hepatitis C throughout the United States. Anne Carpenter, PhD, is the Senior Director of the Imaging Platform and an Institute Scientist at the Broad Institute of MIT and Harvard. She was included on the Top 100 list of AI leaders for her team’s open-source CellProfiler software that is used by thousands of biologists worldwide and their Cell Painting assay that has been adopted throughout the pharma industry to accelerate drug discoveries. There will also be a collection of three-minute ‘MicroTalks’ delivered by trainee scientists.

“This unique one-day annual symposium is a must-attend event for scientists interested in exploring innovative, groundbreaking research conducted in labs and the therapeutic treatments eventually delivered in clinics across the country,” said Lorraine Stiehl, CEO, American Liver Foundation. “Over the past 33 years, research presented at this event has led to many advances in the diagnosis and treatment of virtually all liver diseases in children and adults. Dr. Irwin M. Arias, recognized throughout the world, has devoted his life’s work to advancing liver disease research, treatments and cures and we’re so grateful for his expertise. Liver patients everywhere have benefited from his preeminent work.”

Symposium co-chairs include Sangeeta Bhatia, MD, PhD, John J. and Dorothy Wilson Professor, Electrical Engineering and Computer Science and Institute of Medical Engineering and Science Department at MIT, and Wolfram Goessling, MD, PhD, Chief of Gastroenterology at Massachusetts General Hospital, Director of the Harvard-MIT Health Sciences & Technology at Harvard Medical School and a Professor of Medicine at Harvard Medical School. The overall programming has been designed to honor Dr. Arias’ founding commitment to ‘bridging’ the gap between the academic, industrial, and clinical research communities – even across disciplines.

“The burden of chronic liver diseases affects over 100 million people in the United States alone and is rapidly becoming a public health crisis,” said Dr. Goessling, Chief of Gastroenterology at Massachusetts General Hospital. “Unfortunately, we currently lack effective tools for prevention, diagnosis and treatment for many liver conditions, so it’s vitally important to connect basic science research with the ongoing needs prevalent in many clinics and the Arias Symposium provides this opportunity.”

“Significant gaps remain in the understanding of many liver diseases and the fundamental systems involved in normal and pathological liver function,” said Dr. Bhatia, John J. and Dorothy Wilson Professor at MIT’s Institute of Medical Engineering and Science Department. “This scientific conference bridges basic science and liver disease while also nurturing successful careers in basic and translational liver research. The Arias Symposium allows us all to come together to share our research, encourage new trainees to learn more about liver disease and offers everyone one-day to learn what’s new and engaging in the world of liver research and science.”

The symposium is open to researchers at every stage of their careers, and they are encouraged to share perspectives from their academic, industrial, and clinical research settings. In-person attendees will benefit from a poster session and networking opportunities with plenary speakers and other attendees. Breakfast, lunch, and a networking reception will also be provided to in-person attendees. Registration is free for all trainees (postdocs, fellows, grads, students, undergrads, etc.). Registration is $50 for in-person attendees other than trainees. Virtual attendance is free but does require registration. Register here for this informative event.

This one-day virtual program will include topics such as:  

It’s Time to Eliminate Hepatitis C in the U.S. Francis Collins, MD, PhD – National Institutes of Health (VIRTUAL)Post-Transplant Alloimmune Hepatitis – What do we know and What’s New Udeme Ekong, MD, MPH, FAASLD – Georgetown University Detecting Liver Phenotypes and Toxicity Using Cell Image Data Anne Carpenter, PhD – Broad Institute of MIT and HarvardSpatial Clonal Tracing in Solid Tissues Fernando Camargo, PhD – Massachusetts Institute of TechnologyHolistic Multi-Scale Molecular Imaging of Human Organs Kwanghun Chung, PhD – Boston Children’s HospitalCell Identity Conversion – Liver Regeneration and Cell Therapy Lijian Hui, PhD – Shanghai Institutes for Biological SciencesDeveloping Cirrhosis Therapies: The Three Grand Challenges Quin Wills, MD, PhD – Ochre BioPediatric Liver Tumors: Clinical Context and Opportunities for Collaboration Allison O’Neill, MD – Dana-Farber Cancer InstituteUnderstanding How the Organism Monitors Liver Sufficiency to Properly Time RegenerationKristin Knouse, MD, PhD – Massachusetts Institute of TechnologyCellular and Molecular Drivers of Liver Cancer Response to ImmunotherapyMiriam Merad, MD, PhD – Mount Sinai School of Medicine

For the full agenda, list of speakers, and registration, please visit alfevents.org/ariassymposium.  

In addition to the Arias Symposium, American Liver Foundation offers a research awards program in three categories, Liver Scholar Award, Postdoctoral Research Fellowship Award, and Pilot Research Awards that recently funded eight highly innovative projects into these rare diseases – PSC, AIH and BA. Since 1979, ALF’s research awards program has provided more than $28 million in research funding. Over 850 qualified scientists and physicians have pursued research careers in liver biology, disease and treatment because they received these grants early in their careers. Learn more at liverfoundation.org/research.

About the American Liver Foundation
American Liver Foundation (ALF) is a national community of patients, caregivers and medical professionals dedicated to helping people improve their liver health. Providing guidance and life-saving resources, we are a beacon for the 100 million Americans affected by liver disease. We advocate for patients and families, fund medical research and educate the public about liver wellness and disease prevention. We bring people together through our educational programs and events and create a network of support that lasts a lifetime. ALF is the largest organization focused on all liver diseases and the trusted voice for patients and families living with liver disease. For more information visit www.liverfoundation.org or call: 1 800 GO LIVER (800-465-4837).

Media Contacts:                   
Julie Kimbrough
JKimbrough@liverfoundation.org              
Direct dial: 646-737-9409   
Karla Thomas     
Direct dial: 773.575.9477        

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SOURCE American Liver Foundation

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Avantor® Opens New Bridgewater Innovation Center Focused on Solving Life Science’s Biggest Challenges

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RADNOR, Pa., Nov. 14, 2024 /PRNewswire/ — Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences and advanced technology industries, today announced the opening of its new flagship Bridgewater Innovation Center. The state-of-the-art research and development facility, located in Bridgewater, NJ, is part of Avantor’s network of 13 research and innovation centers across the globe.

Avantor’s new Bridgewater Innovation Center spans 60,000 square feet, doubling its previous laboratory and pilot plant capacity. Purpose-designed for collaborative work, the center houses spaces for upstream and downstream process development, dedicated analytical testing labs, and a viral vector laboratory. An expanded pilot plant supports scale-up simulations, enabling rapid customization across the entire bioprocessing workflow.

“Our new Bridgewater Innovation Center is twice the size of our previous facility and adds capacity, talent and capabilities to support the growing demands for monoclonal antibodies, cell and gene therapy and mRNA workflows,” said Michael Stubblefield, President and CEO of Avantor. “Working side-by-side with customers in our network of innovation centers across the globe enables us to power science at every step to deliver life-changing therapies faster, and more cost effectively.”

The Bridgewater Innovation Center allows Avantor to optimize and accelerate biomanufacturing processes at scale; resulting in faster problem solving, streamlined knowledge exchange, and strategic co-innovation. Staffed with Ph.D. scientists, bioengineers, biologists, and process engineers, this center enhances both capacity and expertise to support customers’ needs. The facility also supports Avantor’s sustainability goals, reinforcing the Company’s commitment to environmental responsibility.

For more information about the Bridgewater Innovation Center, visit: https://www.avantorsciences.com/us/en/about/innovation-in-biopharma/avantor-bridgewater-innovation-center

About Avantor
Avantor® is a leading life science tools company and global provider of mission-critical products and services to the life sciences and advanced technology industries. We work side-by-side with customers at every step of the scientific journey to enable breakthroughs in medicine, healthcare, and technology. Our portfolio is used in virtually every stage of the most important research, development and production activities at more than 300,000 customer locations in 180 countries. For more information, visit avantorsciences.com and find us on LinkedInX (Twitter) and Facebook.

Global Media Contact
Eric Van Zanten
Head of External Communications
Avantor
610-529-6219
Eric.VanZanten@avantorsciences.com

Investor Relations Contact
Christina Jones
Vice President, Investor Relations
Avantor
805-617-5297
Christina.Jones@avantorsciences.com

 

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SOURCE Avantor and Financial News

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