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AVEVA and Meridian Energy Group Inc. Forge Partnership for World’s Cleanest and Most Advanced Crude Oil Refineries

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AVEVA’s Integrated EPC 4.0 Solutions to Drive Digital Twin for New Greenfield Refinery

HOUSTON, July 24, 2024 /PRNewswire/ — AVEVA, a global leader in industrial software driving digital transformation and sustainability, today announced a strategic partnership with Meridian Energy Group Inc. (Meridian) to develop a digital twin for the first full-conversion refinery built in the U.S. since 1976, and the first modern “greenfield” advanced technology refinery constructed in the U.S. ever. This collaboration marks a significant milestone in advancing technological innovation and environmental stewardship in the refining industry.

Meridian has selected CONNECT, AVEVA’s industrial intelligence platform, and a series of EPC 4.0 solutions to create one unified, data-centric approach for the engineering and project execution of their new Davis Refinery. Meridian’s executive team, comprising decades of experience in plant engineering and operations, is the driving force to their adopting innovative technologies that overcome traditional project barriers and disparate systems. With AVEVA’s EPC 4.0 solutions, engineering data is no longer siloed, bringing real-time visibility across the engineering and design stage to procurement and construction, improving final handover and time to operational readiness.

“I am thrilled about our partnership with Meridian where we see a momentous opportunity to bring our time-tested software solutions to the table,” said Rob McGreevy, Chief Product Officer at AVEVA. “This project aims to design one of the world’s most advanced and environmentally compliant refineries, and we’re committed to not only meeting industry standards but to support the refinery’s goal of achieving net-zero emissions.”

A cloud-hosted, data-centric strategy serves as a unified platform where all engineering disciplines and stakeholders converge. By seamlessly integrating diverse engineering tools, it provides an integrated viewpoint that enhances project efficiency and transparency from start to finish. This collaborative approach not only facilitates early risk identification and proactive mitigation, but also empowers stakeholders with progressive handover capabilities. This enables them to effectively navigate and prevent the typical CapEx pitfalls that traditional operating facilities often face, ultimately optimizing project outcomes and operational success.

Mark Fonda, Meridian’s Chief Technology Officer, added that “AVEVA has provided an optimum framework to develop our strategic plan for transition of the refining industry to lower carbon intensity utilizing both renewable and traditional feedstocks. This project represents a quantum leap in technology implementation which is only made possible as a greenfield facility with a forward-thinking mindset.  Digital technology is the means by which all facets of the project are developed and implemented, creating a collaborative, synergistic environment for all disciplines throughout the entire lifespan of the project.”

Jay Nocker, Meridian’s VP Engineering Services, concluded “AVEVA’s digital data management tools will empower Meridian with the ability to work ahead of the typical ’30-60-90′ engineering information release curve. This enables an early start on set-up and vetting crucial Operations Technology (OT) systems with our strategic partners and take full advantage of the benefits of the unified information architecture and progressive digital asset handover.”

Meridian is disrupting the longstanding industry with plans to construct multiple smaller, more cost-effective, clean-tech refineries across the country that are permitted under state and local jurisdictional authority. This innovative approach aims to streamline regulatory processes and accelerate the development of more efficient and sustainable refining operations. Meridian is currently in the process of building the Davis Refinery in the Bakken oil field outside of Belfield, North Dakota, next to major trucking and rail corridors. This distributed business model is sleeker, faster and more efficient than the centralized mega-refinery model currently prevalent.

The Davis Refinery was permitted as a synthetic minor source by the North Dakota Department of Health – Air Quality (NDDEQ) after an extensive 18-month review in 2018.  That Permit to Construct (PTC) validated all the claims previously made by Meridian when the company undertook the challenge to “clean up” the refining industry.  In April of this year, Meridian announced an engineering breakthrough in the design and configuration of the Davis Refinery in which greenhouse gas emissions are fully offset by the co-processing of renewable biofeedstock.  This results in net-zero Scope 1 and Scope 2 carbon emissions for the facility, the world’s first for a crude oil refinery. Meridian is also planning to build additional refineries in Texas and Oklahoma.

Meridian Energy Group Inc
Meridian’s mission is to provide long-term shareholder value through the development and operation of the cleanest, smartest and most profitable crude oil refineries in the world. The Davis Refinery represents the first of several next-generation refineries, as Meridian will be expanding with development, permitting, and financing its next series of projects in the Permian and in the Cushing, OK area. Meridian has several additional locations under consideration and has the potential to export its proprietary refinery technology and processes to currently operational refineries worldwide. Established in 2013, Meridian has offices in Belfield, North Dakota and Houston, Texas. For more information, visit: https://meridianenergygroupinc.com.

About AVEVA
AVEVA is a global leader in industrial software, sparking ingenuity to drive responsible use of the world’s resources. The company’s secure industrial cloud platform and applications enable businesses to harness the power of their information and improve collaboration with customers, suppliers, and partners.

Over 20,000 enterprises in over 100 countries rely on AVEVA to help them deliver life’s essentials: safe and reliable energy, food, medicines, infrastructure and more. By connecting people with trusted information and AI-enriched insights, AVEVA enables teams to engineer efficiently and optimize operations, driving growth and sustainability.

Named as one of the world’s most innovative companies, AVEVA supports customers with open solutions and the expertise of more than 6,500 employees, 5,000 partners and 5,700 certified developers. The company, which has operations around the globe, is headquartered in Cambridge, UK. Learn more at www.aveva.com.

Copyright © 2023 AVEVA Solutions Limited. All rights reserved. AVEVA Solutions Limited is owned by AVEVA Group. AVEVA, the AVEVA logos and AVEVA product names are trademarks or registered trademarks of AVEVA Group or its subsidiaries in the United Kingdom and other countries. Other brands and product- names are the trademarks of their respective companies.

Media Contact: Priscilla Tinsley, priscilla.tinsley@aveva.com 

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MESCIUS Launches Spread .NET v18

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PITTSBURGH, Jan. 10, 2025 /PRNewswire/ — MESCIUS inc., a global provider of award-winning enterprise software development tools, is pleased to announce the Spread .NET v18 release. The highlights of Spread .NET v18 include exciting features, such as enhanced PDF output quality, a new WPF spreadsheet, copying skip invisible ranges, and more. These features expand developers’ capabilities within their .NET applications when building high-performance enterprise spreadsheets. Spread .NET v18 is now available as an upgrade for existing customers and a download for new customers on the MESCIUS website.

Spread.NET v18 launches with a new WPF version, improved PDF saving (with higher resolution), and much more.

With Spread .NET v18, saving .NET spreadsheets to PDF delivers higher resolution and improved image quality, in line with Excel-compatible printing features. Rich text, flat style modes, transparent shapes, and header/footer images are better rendered, providing professional-grade PDF outputs. Read the release announcement to learn more about the enhanced PDF output quality in Spread .NET v18.

This latest release introduces an all-new WPF spreadsheet component version with significant enhancements, including iterative calculations, dynamic arrays, advanced charting, and external data integration. This update sets the stage for continued WPF innovations in future releases. Visit the website to get started with Spread .NET’s new WPF spreadsheet version.

In Spread .NET v18, users can copy cell ranges while excluding hidden rows and columns. To streamline operations in spreadsheets with filtered or hidden data, enable the RichClipboard and CopySkipInvisibleRange properties. Learn how to get started with this Spread .NET v18 release feature.

“We just released Spread .NET v18, which included some big features like enhanced PDF export and a brand new WPF Spreadsheet version, providing a few calculation enhancements, a new chart engine, and a formula text box,” said Product Manager Kevin Ashley. “These features can help enhance your applications with more Excel-like capabilities in both WinForms and WPF.”

About MESCIUS inc.: MESCIUS inc. is one of the world’s largest providers of developer components. The company retains 400 employees and hundreds of thousands of customers worldwide. MESCIUS inc. is committed to providing enterprises around the world with state-of-the-art developer tools and components, software services, and solutions. For more information, visit https://developer.mescius.com.

All product and company names herein may be trademarks of their respective owners.

View original content:https://www.prnewswire.com/news-releases/mescius-launches-spread-net-v18-302347624.html

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Puneet Shivam Appointed CEO of Right Skale Inc, a global Data and Cloud Services Company

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Right Skale Inc, a native AI-powered data services company, announces the appointment of Puneet as Chief Executive Officer marking the next phase in the company’s development.

PLEASANTON, Calif., Jan. 10, 2025 /PRNewswire-PRWeb/ — Right Skale announces that Puneet Shivam will join as a Co-founder and Chief Executive Officer, marking a strategic move to accelerate Right Skale’s transformation into a global AI-enablement leader.

“Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”, says Puneet Shivam on joining as a co-founder of Right Skale.

Puneet joins from Avendus Capital Inc, where he served as CEO and Managing Director, leading the Enterprise Technology & Services practice. In this role he enabled numerous emerging technology services organizations in scaling up and in value realization. Prior to Avendus, Puneet was instrumental in establishing Inductis (now EXL Analytics) into one of the first and highly reputed data analytics company, delivering high impact analytics initiatives across Fortune 500 companies.

A Winning Partnership. Amit Shah, Founder, commented: “Puneet’s leadership accelerates our mission of helping enterprises achieve their business goals through AI-enabled data services. His experience in growing global businesses and his deep industry relationships will be invaluable.”

“We partner with clients to unlock value through AI-powered solutions. By combining deep technology expertise with business understanding, we help enterprises enhance customer experiences, optimize operations, and drive growth. I am excited to join hands with Amit and the team,” says Puneet Shivam. “Right Skale is uniquely positioned, and our vision is clear – become the premier AI enablement partner of choice by 2030”

About Right Skale:

Right Skale is an AI-enabled technology services company helping enterprises navigate digital transformation through data and cloud innovation. Our mission is to empower businesses to thrive in the AI era. The company’s approach focuses on practical AI implementation – experimenting, validating, and scaling solutions that deliver measurable business outcomes. Through strategic partnerships with leading cloud and data technology providers, Right Skale helps clients build future-ready digital capabilities. For more info, please email us at info@rightskale.com www.RightSkale.ai & www.RightSkale.com

Media Contact

HR, Right Skale Inc, 1 (408) 658-0779, info@rightskale.com, www.RightSkale.ai

HR, Right Skale, info@rightskale.com, www.RightSkale.ai

View original content to download multimedia:https://www.prweb.com/releases/puneet-shivam-appointed-ceo-of-right-skale-inc-a-global-data-and-cloud-services-company-302347481.html

SOURCE Right Skale Inc

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Pensions & Investments and NAIC Announce Alliance to Support Diverse Asset Managers

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WASHINGTON, Jan. 10, 2025 /PRNewswire/ — The National Association of Investment Companies (NAIC), the industry association and largest network of diverse-owned alternative investment firms, and Pensions & Investments (P&I) have entered into a multi-year alliance designed to promote objectives related to increasing diversity and inclusion in the institutional investment industry. 

Through this alliance, NAIC and P&I will work together to advance the pool of diverse talent within the private markets by growing the assets allocated to diverse-owned and managed firms through investor-facing education and resources. They will collaborate to develop and publish thought leadership content related to the impact diverse-owned firms have on the industry and the economy. NAIC member firms will benefit from access to the P&I Research Center, which provides insights including current and historical data, key contact information for institutional investors, market intelligence, trend analysis, competitive benchmarking and more.

“Pensions & Investments is pleased to partner with NAIC to shine a spotlight on some of the innovative and great work being done by diverse- and woman-owned firms in the alternatives space. There is increased interest in how to leverage alternative assets across the institutional investment and retirement landscape, and we’re looking forward to sharing data, insights and content that can amplify the voices represented by NAIC member firms,” says Nikki Pirrello, President and Publisher, Pensions & Investments. “Our audience is hungry for information on effective investment strategies and high-performing managers, and we believe this partnership will allow us to continue to expand our universe of those we are covering.”

By joining forces, NAIC and P&I will raise awareness of the diverse- and woman-owned alternative investment firms that drive growth in every major industry sector. “We are excited that Pensions & Investments, a leading voice in investment management, shares NAIC’s goal of increasing diversity and inclusion in the institutional asset management industry,” says Robert L. Greene, NAIC’s President & CEO. “We look forward to the opportunities this alliance will provide our members to identify trends and share insights in order to increase the flow of capital to high-performing diverse investment firms from pensions and other investment managers.”

About the National Association of Investment Companies
With more than 54 years of advocacy and performance, the National Association of Investment Companies (www.naicpe.com) is the trade association and largest network of diverse- and women-owned alternative investment firms. NAIC’s membership comprises more than 190 diverse-owned alternative investment firms that collectively manage over $460 billion in assets under management. NAIC member firms invest with more than 2,200 portfolio companies globally and consistently generate superior returns that help fuel the growth of the retirement and asset management industries. www.naicpe.com

About Pensions & Investments
With unmatched integrity and professionalism, Pensions & Investments consistently delivers news, research and analysis to the executives who manage the flow of funds in the institutional investment market. Since its founding in 1973, this continues to be the mission of Pensions & Investments, the international newspaper of money management. Written for pension, portfolio and investment management executives at the hub of this market, Pensions & Investments provides its audience with timely and incisive coverage of events affecting the money management business. Written by a worldwide network of reporters and correspondents, Pensions & Investments’ coverage includes business and financial news, legislative reports, global investments, product development, technology, investment performance, executive changes, corporate governance and other topics crucial to the people who drive the world of professional money. Pensions & Investments is owned by Crain Communications Inc. www.pionline.com

CONTACT:
Kristen Perlman
Vice President, Marketing and Insights
National Association of Investment Companies
kperlman@naicpe.com

View original content:https://www.prnewswire.com/news-releases/pensions–investments-and-naic-announce-alliance-to-support-diverse-asset-managers-302347240.html

SOURCE National Association of Investment Companies

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