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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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Yaber Achieves 100% YOY Sales Growth during Black Friday and Gears Up for CES 2025

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LAS VEGAS, Dec. 27, 2024 /PRNewswire/ — Yaber reported a remarkable 100% year-over-year sales surge during Black Friday. The T2 outdoor projector, featuring a built-in battery and handle-to-stand design, ranked among Amazon’s Top 3 “Most Wished For” list. Meanwhile, the L2s projectors, available in exclusive Pantone colors, sold out shortly after launch.

Yaber T2 projector is currently available at Christmas sale on Amazon and the official Yaber website. Meanwhile, pre-orders for the L2s projectors in exclusive Pantone colors will reopen in mid-January 2025.

This year, Yaber further expanded its global retail presence, debuting at the iconic Selfridges in the UK and securing placements in MediaMarkt across EMEA, Canada’s London Drugs, Saudi Arabia’s EXTRA, Belgium’s FNAC, Greece’s PUBLIC, Czech Republic’s Datart, Japan’s Bic Camera and Yodobaxi, and Malaysia’s premier IOI City Mall and Plaza Low Yat.

Looking ahead, Yaber is set to unveil its first ultra-short-throw laser projector and a new Keith Haring-inspired entry-level model at CES 2025. The launch event will take place at 4:00 PM PST, January 6, 2025 at Caesars Palace, Las Vegas. Visit Yaber’s booth in South Hall 1-30808 at Las Vegas Convention and World Trade Center (LVCC) from January 7-10 to discover more.

About Yaber

Founded in 2018, Yaber redefined home entertainment by introducing the world’s first entertainment projector, pioneering a new category in the industry. Today, its innovative projectors have delivered immersive experiences to users in over 120 countries, making Yaber a trusted name in global home entertainment.

The letter “Y” in Yaber embodies the youthful vigor and innovative spirit of Generation Y. It’s not just a symbol, but a unique representation of youth identity and attitude towards life, infusing the brand with rich cultural connotations of youthfulness within simplicity.

Committed to excellence, Yaber has been pushing the boundaries of audiovisual innovation, crafting projectors that inspire richer, more vibrant lifestyles. Its achievements are recognised with prestigious accolades, including the Red Dot, IDEA, VGP, and CES Innovation Awards.

SOURCE Yaber Technologies Co., Ltd

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Bybit Web3 Wallet Integrates Tonstakers: The First of Its TON Staking Offerings to Expand DeFi Opportunities

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DUBAI, UAE, Dec. 27, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange,is excited to announce the integration of Tonstakers, the leading liquid staking protocol on the TON blockchain, into its Web3 Wallet. This marks the first of Bybit Web3’s TON staking offerings, reinforcing its commitment to expanding decentralized finance (DeFi) opportunities for its users.

With this integration, Bybit Web3 Wallet users can now seamlessly stake Toncoin ($TON) and receive $tsTON (Tonstakers LST) in return. The value of $tsTON increases relative to $TON every 26 hours, ensuring competitive rewards while contributing to the growth and success of the TON ecosystem. The integration also opens the door for 130 million users in the TON ecosystem to access TON staking directly within the Bybit Web3 Wallet.

Bybit is dedicated to simplifying DeFi adoption by providing intuitive and user-friendly staking experiences. This milestone partnership with Tonstakers enables users to unlock annual returns estimated between 3% and 5% APY, with rewards automatically compounded, further cementing Bybit’s role as a leader in DeFi accessibility.

Why Tonstakers Matters: The First of Its Kind
Tonstakers is the inaugural partner in Bybit Web3’s TON staking initiative, setting a new standard for staking services. With a total value locked (TVL) exceeding $260 million and a significant market share in the liquid-staked TON sector, Tonstakers offers Bybit Web3 Wallet users unparalleled access to TON staking benefits:

Effortless Staking: Securely stake $TON with ease, thanks to the user-friendly interface within the Bybit Web3 Wallet.Earn $tsTON Rewards: Receive tokenized staked Toncoin ($tsTON), which can be leveraged within DeFi applications across the TON ecosystem.Explore DeFi Liquidity: Engage with Tonstakers Earn to provide liquidity using $tsTON, unlocking diverse earning opportunities.

“Bybit Web3 is proud to deepen our integration with the TON blockchain, a crucial step in our mission to foster a thriving and interconnected Web3 ecosystem,” said Emily Bao, Head of Bybit Web3. “This integration empowers our users with seamless and trusted access to TON liquid staking pools and unlocks valuable earning opportunities. As a strong believer in DeFi adoption, Bybit Web3 is committed to bridging the gap between Web2 and Web3, creating simple, easy, and accessible solutions that bring the benefits of decentralized finance to a wider audience. We believe this integration will significantly contribute to the growth and success of the TON ecosystem.”

Start Staking Today To begin staking your $TON and earning with $tsTON, visit https://www.bybit.com/en/web3/staking and discover the power of Bybit Web3 Wallet’s integration with Tonstakers. Bybit Web3 Wallet currently supports a wide range of staking services beyond TON tokens, including ETH, USDT, USDC, bbSOL, SUI, and more.

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting.

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 60 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit Web3, please visit Bybit Web3.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/bybit-web3-wallet-integrates-tonstakers-the-first-of-its-ton-staking-offerings-to-expand-defi-opportunities-302339588.html

SOURCE Bybit

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Youth Square “YS School Cultural Festival 2024” Winter Edition

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Exhibition of Three Major Popular Anime, with Over Forty Youth Performers and Local Creative Units
Helping Young People Unleash Their Potential

HONG KONG, Dec. 27, 2024 /PRNewswire/ — The theme of this year’s youthfest@HK is “Nurture Positive Thinking”, “Promote Innovation” and “Inspire Creativity”. As one of the highlights of the festival, “YS School Cultural Festival 2024” adopts the theme “Plus Ultra: Beyond PB Limits”, encouraging young people to push their own limits in every opportunity and challenge, striving to achieve new personal best. “YS School Cultural Festival 2024” comprises the Summer and Winter edition, offering a multitude of diverse and enriching experiences to participants. Following the summer’s excitement from the Paris Olympics, “YS School Cultural Festival 2024” brought everyone thrilling basketball competitions and various sports experiences. The Winter edition kicked off on December 9 at Youth Square, featuring a series of exciting programmes for young people to share and exchange their passion and insights on anime, cosplay, and idol groups.

One of the highlight events of “YS School Cultural Festival 2024” Winter Edition is “Doujin Fan Fest 2024”, which was held on December 14–15, 2024, at the Y Theatre, 2/F, Youth Square. This two-day anime extravaganza brought together over 20 popular idol and cosplay groups and performers to showcase their talents and energy. Additionally, more than 20 local groups showcased their incredible creativity in the Market, offering a wide array of originally-created items and idols and anime related products. “Doujin Fan Fest 2024” also offered numerous workshops, including Hanfu makeup and styling experiences, cosplay wig styling and hair accessory design, providing participants with hands-on opportunities to explore their interest and potential.

“Doujin Fan Fest 2024” Empowers Youth to Showcase Talents and Unlock Potential

Participants of “Doujin Fan Fest 2024” shared that they gained a lot from the event, with many describing it as a highly rewarding experience. Popular idol Una expressed that the vibrant atmosphere of the festival made a lasting impression on her. She praised that the event provided her a platform to showcase her individuality and share her passion for stage performances and singing with fellow enthusiasts. Meanwhile, Bibi, the instructor of the Cosplay Wig Styling Workshop, revealed that this was her first time hosting a workshop. She was inspired by the strong eagerness to learn displayed by the participants, which led her to consider developing advanced courses or creating tutorial videos. Her goal was to provide and share more learning resources about Cosplay wig styling.

Promoting Chinese Culture through the “Hanfu Makeup and Styling Experience Workshop”

Another key highlight of ” Doujin Fan Fest 2024″ was the “Hanfu Makeup and Styling Experience Workshop”, where participants learned Hanfu makeup techniques, classic bun hairstyles, and even had the chance to try on Hanfu outfits to create their own personalized looks. The workshop was highly popular among youngsters.

The workshop instructor, Bing-gan, emphasized the importance of promoting Hanfu culture, explaining that it helps young people deepen their understanding of Chinese history and the cultural significance behind Hanfu. For example, the central seam of the garment symbolizes the Confucian concept of the “Doctrine of the Mean,” carrying profound meaning. Bing-gan stated, “I hope students can use Hanfu as a gateway to explore Chinese culture, including its history, philosophy, aesthetics and experience the richness of Chinese heritage.” One of the participants, Joyce, shared her excitement, “this workshop taught me advanced makeup techniques and Hanfu hairstyle designs that are rarely offered elsewhere. I also learned that Hanfu comes in so many styles and has such diverse and beautiful designs!”

Another highlight of the “YS School Cultural Festival 2024” Winter Edition is “Ani-com Fantasy 2024”. It features the “Anime Exhibition” at the Y Exhibition Platform, 1/F, Youth Square, as well as in the public space on the 5th and 6th floors. The exhibition showcases instagrammable “check-in” hotspots on three popular anime, “Haikyuu!!”, “Kuroko’s Basketball” and “Mashle: Magic and Muscles”. An interactive basketball game area allows participants to become basketball players and showcase their shooting skills. Additionally, on December 13, 2024, a free anime screening was held, allowing anime fans to revisit classic films “Haikyuu!! The Movie: Talent and Feelings” and “Haikyuu!! The Movie: Battle of Concepts”, indulging themselves in the world of anime.

Please download high resolution photos here.

Youth Square

Youth Square is a government venue and a youth development initiative launched by the Home and Youth Affairs Bureau. Facilities include the 643-seat Y Theatre, Y Studio, Y Platform, multipurpose area, office, retail shop and the Y Loft which has 148 guest rooms. Youth Square aims to be the hub of territory-wide youth development activities for youth to develop their potential. Youth Square has been conducting events under various themes, including music, dance, arts and culture.

6G model is Youth Square’s guiding principle. 6G refers to Groom, Growth, Glow, Green, Global Vision and Give Back. 

Official website: http://www.youthsquare.hk

Y Loft

Y Loft is conveniently located, 3-minute walk from Chai Wan MTR Station. The 148-room Y Loft is located in Youth Square’s Main Block and Hostel Block. Room selection includes Twin, Twin Room with Balcony, Triple, House of Six, Duplex and Accessible Rooms. Accessible Rooms, with widened corridor and more space, are designed to deliver the same comfort and peace of mind to visitors with disabilities.

View original content:https://www.prnewswire.com/apac/news-releases/youth-square-ys-school-cultural-festival-2024-winter-edition-302339589.html

SOURCE Youth Square, Y Loft, New World Facilities Management Company Limited

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