Dutch government weighs support for changes to mandatory participation

first_imgAs a result, industry-wide pension funds would be able to transform themselves into, or join, the new general pension fund (APF) vehicle, something that is currently prohibited.Unions, however, objected to the proposal, saying they feared “considerable consequences for the market for pensions provision, the relationship between the social partners and the pension fund, as well as the existing governance structure”.In their opinion, mandatory participation should be in any discussion about a new and sustainable pensions system.Klijnsma said the government would launch legal proposals if she managed to hit upon a broadly supported solution.In her letter to Parliament, the state secretary, citing DNB figures, also confirmed that 45 pension funds were liquidated last year, leaving a remaining total of 320 schemes, including 57 mandatory industry-wide pension funds. Jetta Klijnsma, state secretary at the Dutch Ministry of Social Affairs, is to measure the level of support for replacing the current mandatory participation in a pension fund with a system that gives participants the ability to choose their pensions provider.In a letter to Parliament, Klijnsma said she would look into the matter in co-operation with companies, workers and the pensions sector.She said objections raised by the unions, after the Dutch government suggested it might decouple the concept of compulsory participation from pension funds, had sparked the inquiry.The government previously suggested participants would be given the option of compulsory pensions saving with a pensions provider of their choice.last_img read more

Qatargas puts McDermott in charge of expansion of North Field facilities

first_imgMcDermott International has been awarded a large contract by Qatargas for engineering, procurement, construction and installation (EPCI) for expansion of the North Field offshore facilities in Qatar.Derrick Barge 50; Source: McDermottMcDermott said on Friday that the value of the contract is between $50 million and $250 million. The contract for new facilities includes the full suite of EPCI services for eight new offshore jackets.McDermott plans to use its project management and engineering teams in Doha, Qatar, with fabrication primarily taking place at McDermott’s facilities in Batam, Indonesia.Vessels Derrick Barge 50 and Derrick Barge 27 from McDermott’s global fleet are scheduled to undertake the installation and completions work.The work is expected to begin immediately and will be booked into McDermott’s second quarter 2019 backlog.​​The North Field lies off the north-east shore of the Qatar peninsula and covers an area of more than 6,000 square kilometers, equivalent to about half the land area of the State of Qatar.​​The development of this major natural resource has been a significant factor in Qatar’s economic growth. The gas produced from this giant field is processed to produce LNG, GTL, NGL, and other gas-related industries, in addition to pipeline gas for export.​​It is worth mentioning that, early last week, Qatar Petroleum awarded a number of contracts related to Qatar’s LNG expansion project designed to enhance its capabilities by increasing LNG production capacity from 77 to 110 million tons per year by 2024.The contracts were announced by Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs and President & CEO of Qatar Petroleum, in a speech at the 19th International Conference & Exhibition on Liquefied Natural Gas in Shanghai (LNG2019).He announced awarding the fabrication and installation of the offshore jackets to McDermott; and the contract for early site works required to prepare the site of the four new 8 mtpa LNG mega-trains in Ras Laffan Industrial City to a joint venture between Consolidated Contractors Company (CCC) and Teyseer Trading and Contracting Company.Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by over 10,000 industry professionals daily. We had nearly 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas and allows our partners to get maximum exposure for their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.last_img read more

Radivoy races to CRSA checkers at Orange County

first_imgThomas Radivoy led every time around the track in winning the caution-free CRSA Sprint Car feature Saturday night at Orange County Fair Speedway. (Photo by Nicholas Fultz)By Nicholas FultzMIDDLETOWN, N.Y. (April 29) – The Super Gen Products and Champion Power Equipment-sponsored CRSA Sprint Tour made its first of five stops on the schedule at Orange County Fair Speedway on Saturday, which was also the first of five races on the Hard Clay Challenge Series.Thomas Radivoy, a native of Circleville, took his no. 1Q IMCA RaceSaver Sprint Car to victory lane leading all 20 laps of the green to checkered flag main event.Radivoy made the redraw through a third-place finish in his heat race and pulled the outside pole. Emily VanInwegen earned the runner-up spot after she came away from the redraw with the pole.She was able to hold off Eddie Strada, who came away with third. Christian Rumsey and Tyler Jashembowski rounded out the top five.The CRSA tour will return to action on Friday, May 12 with the first of four stops at Afton Motorsports Park, which will also be the first points show in the Algonkin Motel Challenge. The tour will then head east again on Saturday, May 13 to return to the hard clay for its second scheduled stop at Orange Country Fair Speedway.Feature results – 1. Thomas Radivoy; 2. Emily VanInwegen; 3. Eddie Strada; 4. Christian Rumse; 5. Tyler Jashembowski; 6. Brett Jaycox; 7. Kyle Smith; 8. Dustin Purdy; 9. Jeff Trombley; 10. Scott Flammer; 11. Sydney Price; 12. Dana Wagner; 13. Tyler Boniface; 14. Dave Werber; 15. Rick Stone; 16. Geoff Quackenbush; 17. Jerry Shen; 18. Chuck Alessi; 19. Peter Dance.last_img read more

NNL 2020/2021: Gov. Makinde sets promotion target for 3SC

first_imgGovernor Seyi Makinde of Oyo State has set a target for the management of Shooting Stars Sports Club of Ibadan in the club’s campaign in the 2020/2021 football season.The governor, who spoke through Seun Fakorede, the State Commissioner for Youth and Sports, said the management must ensure the club got promoted from the Nigeria National League. “3SC must get promoted to the Nigeria Professional Football League,” Makinde said on Thursday evening during a ceremony held in honour of four retiring personnel of the club at their clubhouse.The News Agency of Nigeria reports that the four retiring personnel included Olubunmi Aina, popularly known as Mama Shooting.The rest are Ganiyu Bello, popularly known as Rondo; Moruf Oladejo, also known as Warrior; and Oluwasanjo Ojo.Makinde however commended the management for its efforts at sustaining the club.He said the people of the state as well as the club’s teeming fans expected nothing from the club other than promotion to the NPFL. The governor acknowledged the need for the ceremony, saying it was put together to appreciate and reward the retirees who gave their best for the development and glory of 3SC.He said: “We appreciate the retiring personnel for their good works and dedication to duty.“This is why we organised this sendforth.“More of such will be organised to reward hard working and committed personnel of 3SC in future.“As for the team, I and the sports-loving people of Oyo State expect nothing short of promotion from 3SC when the new NNL season begins. “And our administration will fully support the team in its aspiration to return to the elite division of Nigerian football league.”While giving his remarks, Rasheed Balogun, the 3SC General Manager, said a novelty match would be organised to honour and raise funds for the four retirees.Balogun said: “Sincerely, we value their commitment and service to this club, and we are going to organise a novelty match in their honour as soon it is safe to do so.“I’m assuring that all gate fees collected at the match will be given to them.”RelatedPosts JIFORM gets support from Oyo, NAPTIP for second annual summit Diaspora group says Seyi Makinde essay competition targeted at youths Makinde not spending Oyo’s money on party politics — CPS NAN reports that the retirees were presented cash rewards and 3SC jerseys at the event graced by club staff and supporters.Others at the event included former club players such as Edith Agoye, Mutiu Adepoju, Dimeji Lawal and Lateef Yusuf.Tags: Nigeria National LeaguenpflSeyi MakindeShooting Starslast_img read more

Walker sorry after gas incident

first_imgTottenham defender Kyle Walker admits he has fully learned his lesson after being pictured inhaling nitrous oxide. Walker, 23, returned to action for Spurs in a 2-0 win against Norwich on Saturday and he now wants to draw a line under the matter. “It’s all part and parcel of the job. You just have to deal with it,” Walker said. “It has been a steep learning curve. I think people forget that I am young. “What’s done is done now and I’m looking forward to the rest of the season. It’s onwards and upwards now.” Gylfi Sigurdsson scored twice against the Canaries, but it was £11.5million debutant Christian Eriksen who stole the show at White Hart Lane. The Dane played a part in both goals and he proved to be the perfect link between midfield and lone striker Roberto Soldado. With seven new signings in the squad there has been talk of Tottenham being title contenders this year, and Walker thinks the future is bright for the north London club despite the sale of Gareth Bale. “It’s too early to say that we can challenge for the title, but I think by the end of the season we will be there or thereabouts hopefully,” Walker said. “The players we have brought in to this squad are fantastic. They have experience, they are all internationals so everything is looking up for Tottenham.” Last week pictures emerged of Walker inhaling the legal but dangerous gas from a balloon in a nightclub. The right-back admitted he had made a mistake before assuring Roy Hodgson and Andre Villas-Boas that he would stay away from the substance in the future. center_img Press Associationlast_img read more

Women of Troy win 21-6 on Senior Day

first_imgNo. 3 USC (21-2, 4-1) played a fantastic game on Senior Day Saturday against No. 8 San Jose State (19-8, 0-5) resulting in a 21-6 win. Saturday was the last home game for seniors Eike Daube, Monica Vavic, Sara Salamon and Jennifer Stiefel, who collectively scored seven of the 21 goals on the day. But for Daube, she wouldn’t want to go out another way.“It’s pretty surreal realizing that it’s been four years, and I’m gonna miss it,” Daube said. “It’s been a great four years and I wouldn’t want to finish it off with any other group of girls.”Emotions ran high on Senior Day, but during the game, the Women of Troy were focused on the task at hand. San Jose State jumped out with the first goal before USC answered with three straight goals. SJSU kept the game close, however, and early in the second quarter scored to make it 4-3. As Vavic said, the Women of Troy began to make changes around this point.“We changed our offensive game,” Vavic said. “In the very beginning of the game we were getting [some calls against us which led to] automatic turnovers, so that was taking out of our halfcourt offense, but we started making some adjustments, making better releases and changing that aspect of the game so we could continue to attack on offense and then we also started pushing our fastbreak more at the beginning of the game. San Jose was creating a lot of fastbreak opportunities against us and that switched and that also helped change the momentum of the game.”Then USC broke the game open with 12 unanswered scores with goals for several Trojans, including two goals for Avery Peterson, Brianna Daboub and Eike Daube. The score was 16-4 as the fourth quarter began. But the Women of Troy weren’t finished. Vavic would earn her second and third goals, Ioanna Haralabidis with her second goal, Daube with her third goal and senior Sara Salamon with her seventh career goal added to the beatdown, with the score at 21-6 when the final buzzer sounded. It was a team effort for the Women of Troy as 11 players would score for USC before the day’s end.Next up for the Women of Troy is UCLA. The last time these two teams met, UCLA came out with a 5-3 victory. USC will be carrying a lot of momentum and confidence into this next matchup though with six straight wins and this great showing on senior day. Daube said USC’s senior day performance definitely helps boost team confidence for this UCLA showdown.“I think any good offensive game is definitely something that makes you feel good about your shooting,” Daube said. “I think that’s what these games are meant to segway us into. It’s really good to see some of our freshmen pick it up and score when it needs to happen and get rebounds.”The last matchup of the regular season will take place at UCLA at 1:00 p.m. on April 18.last_img read more

South Africa calls for BetConstruct as company secures National Gambling Board supplier licence

first_img Submit VBET agrees Armenian Premier League and Armenian Cup sponsorship August 13, 2020 Related Articles Share Share Sergey HarutyunyanIndustry games supplier BetConstruct continues to expand its African market footprint, by confirming that it has secured a South Africa National Gambling Board, ‘Manufacturer Licence’.The licence approval sees BetConstruct granted the right to service sports betting solutions for regulated South African market stakeholders.“We have achieved another strategic victory by being granted a Manufacturer Licence in South Africa. This will allow BetConstruct to roll out its market leading Sportsbook to local regulated South African operators. We are excited to have reached this significant milestone after a long regulatory process and look forward to developing in the region further in the coming months,” commented Sergey Harutyunyan, BetConstruct COO.As an industry technology supplier, BetConstrut governance has emphasised growth in developing markets. In August 2016, the company secured its first African market supplier contract with online betting firm Hollywoodbets.com“Operators can now offer up to 30.000 live matches per month for 140+ sports via our market-leading solution. Additionally, BetConstruct will offer SMS betting and a localized light mobile version of its sportsbook,”Last October, BetConstruct announced that founder and current Executive Chairman Vigen Badalyan would retake the position of Group CEO, following the departure of  Vahe Baloulian as company leader. StumbleUpon Betfred counters Oppenheimer bid in race to rescue Phumelela August 26, 2020 New Polish poker table in BetGames section for STS July 15, 2020last_img read more

AFCON 2019: Morocco edge Ivory Coast to qualify for next round

first_imgMorocco reached the last 16 of the Africa Cup of Nations with a 1-0 victory over Ivory Coast in Group D.Youssef En-Nesyri scored the game’s only goal in the first half after a clever pass from Nordin Amrabat.Ivory Coast had gone close with just 38 seconds gone when Wolves’ Romain Saiss cleared a header from Aston Villa’s Jonathan Kodjia off the line.Morocco end their group campaign against South Africa on Monday, while Ivory Coast play Namibia.Morocco could still be caught by both Ivory Coast and South Africa, but they are already assured of at least being one of the four best third-placed teams.As well as scoring, En-Nesyri swept a shot into the side-netting and forced Sylvain Gbohouo into a terrific save down to his left after Amrabat dummied Hakim Ziyech’s low cross. Ivory Coast, who left Crystal Palace talisman Wilfried Zaha on the bench, could have pulled level when Max Gradel was played through on goal, but Morocco goalkeeper Yassine Bounou was quickly off his line to smother the danger, before Pepe fired the loose ball into the side-netting.last_img read more

Nigeria Football Federation boss properties seized in fresh corruption probe

first_imgSeveral properties belonging to top officials of the Nigeria Football Federation (NFF), including its president Amaju Pinnick, have been seized in a fresh corruption probe.The latest investigation and seizures are being carried out by the country’s Independent Corrupt Practices and Other Related Offences Commission’s (ICPC).The ICPC has published a newspaper advertisement about the properties seized – half of which belong to Pinnick.According to the statement published in the Nigerian papers one of Pinnick’s properties is in London.It comes amidst wide-ranging claims over how money meant for football development allegedly disappeared.”We can’t go into further details beyond the fact that many officials of the NFF are under investigation,” ICPC spokesperson, Rasheedat Okoduwa said. “It’s basically because what they have is in excess of what they have earned.”The ICPC has also taken control of properties belonging to the NFF second vice-president Shehu Dikko and the general secretary Muhamed Sanusi among others.Neither Pinnick nor Sanusi wanted to comment on the move by the ICPC when contacted by the BBC, while Dikko was not answering his phone when contacted.BBC Sport understands that this latest investigation into the NFF will also look at allegations of how sponsorship money generated from the second tier of the country’s game was spent.The ICPC investigation comes on the back of two separate cases brought by the Economic and Financial Crimes Commission (EFCC) and an ongoing one by the Special Presidential Investigation Panel (SPIP). In May, the NFF told the BBC that he and four other top officials were being “victimised” and denied any wrongdoing over the alleged misappropriation of funds case brought by the SPIP for the recovery of public property. That case continues on 26 September.last_img read more

Tour de France 2019: Elia Viviani gets first stage win; Julian Alaphilippe retains yellow jersey

first_img Tour de France 2019: Julian Alaphilippe takes yellow jersey after storming to stage three win Elia Viviani triumphed in a sprint finish in Nancy to claim his first Tour de France stage win as Julian Alaphilippe retained the yellow jersey.It was Viviani’s Deceuninck-Quick Step teammate Alaphilippe who attacked late in stage three and, determined not to be outdone, the Italian took the glory Tuesday when he crossed the line just ahead of Alexander Kristoff and Caleb Ewan. Tour de France 2019: Everything you need to know Tour de France 2019 by the numbers A three-rider breakaway of Yoann Offredo, Frederik Backaert and Michael Schar built an impressive gap of three minutes with over 200 kilometers remaining, with the trio maintaining an advantage until the latter stages.Two crashes held up the peloton in its pursuit, but the breakaway group eventually was caught in a dramatic approach to the line. Related News Viviani — who won omnium gold at the 2016 Olympics — came out on top after fantastic work from his team led by current leader Alaphilippe, who selflessly helped set the stage for the final sprint in the train.Points jersey leader Peter Sagan missed out on the podium in fourth, while defending champion Geraint Thomas maintained his position in seventh, 45 seconds behind Alaphilippe.A slow-motion look at @eliaviviani ’s win La victoire d’Elia Viviani en slow-motion #TDF2019 pic.twitter.com/8RA5jLko4O— Tour de France (@LeTour) July 9, 2019PERFECT TEAM WORKViviani has five Giro d’Italia and three Vuelta a Espana stage wins to his name, but he had to wait for one in Le Tour.However, thanks to what he hailed as “perfect team work,” the 30-year-old was able to celebrate the breakthrough.”That means a lot,” he said. “I can’t believe it. It was the big goal of the year. We missed our first chance to win a stage and take the yellow jersey, but after yesterday with Julian it was the moment the team switched on.”I just needed to do my job in the last few hundred meters. It is what I can do better if they launch me like that. I was focused on my lead out, it was perfect team work.”STAGE RESULT1. Elia Viviani (Deceuninck-Quick Step) 5:09:202. Alexander Kristoff (UAE Team Emirates) “3. Caleb Ewan (Lotto-Soudal) “4. Peter Sagan (Bora-Hansgrohe) “5. Dylan Groenewegen (Jumbo Visma) “CLASSIFICATION STANDINGS   General Classification1. Julian Alaphilippe (Deceuninck-Quick Step) 14:41:392. Wout van Aert (Jumbo-Visma) +0:203. Steven Kruijswijk (Jumbo-Visma) +0:25Points Classification1. Peter Sagan (Bora-Hansgrohe) 1042. Elia Viviani (Deceuninck-Quick Step) 813. Michael Matthews (Team Sunweb) 75King of the Mountains 1. Tim Wellens (Lotto Soudal) 72. Xandro Meurisse (Wanty-Gobert) 33. Greg van Avermaet (CCC) 2WHAT’S NEXT?Stage five brings with it the first true climbs of the Tour, with the 175.5km route through the Vosges area including tests such as the Cote des Trois-Epis and Cote des Cinq Chateaux.last_img read more