WHY ARE THE INSURANCE UNDERWRITERS REVIEWING OUR EXPLORATION WELL RISKS?

2005 ◽  
Vol 45 (1) ◽  
pp. 185
Author(s):  
J. Embury

The increased level of exploration in Australia and New Zealand has resulted in insurance underwriters taking a closer look at the region. A number of unfortunate onshore blowouts during 2003 and 2004 have focussed their examinations to determine whether these were symptomatic, regional problems or just one-off events. One of the tools being used to determine the level of exposure when insuring a well in Australia or New Zealand is the well risk review. The reviews typically involve an examination of a number of the drilling contractor’s key documents. This allows the reviewer to gain an understanding of the technical difficulty of the well, any environmental impact should an incident occur and the capabilities of all supervisor personnel and the match between the need to drill the well and the capability of the rig and the planning completed. It is the operator’s responsibility to comply with any recommendations that eventuate from the review and failure to do so may void the control of well insurance.Typically, the underwriters carry the cost of these reviews which have highlighted a possible issue with the competency of rig personnel as the industry grapples with the shortage of experienced people in an expanding market. To complicate the issue for the industry, many of the more experienced personnel are nearing retirement age and suitably experienced replacements are few and far between.The well risk review process should be seen as complementary to the State regulatory reviews and will, along with initiatives being undertaken by some participants in the industry, contribute to a safer industry with fewer incidents.

2021 ◽  
pp. 135910532110299
Author(s):  
Terise Broodryk ◽  
Kealagh Robinson

Although anxiety and worry can motivate engagement with COVID-19 preventative behaviours, people may cognitively reframe these unpleasant emotions, restoring wellbeing at the cost of public health behaviours. New Zealand young adults ( n = 278) experiencing nationwide COVID-19 lockdown reported their worry, anxiety, reappraisal and lockdown compliance. Despite high knowledge of lockdown policies, 92.5% of participants reported one or more policy breaches ( M  = 2.74, SD = 1.86). Counter to predictions, no relationships were found between anxiety or worry with reappraisal or lockdown breaches. Findings highlight the importance of targeting young adults in promoting lockdown compliance and offer further insight into the role of emotion during a pandemic.


Author(s):  
Monika Jain

India dropped out of the Regional Comprehensive Economic Partnership (RCEP), which included the Association of Southeast Asian Nations (ASEAN) countries, China, South Korea, New Zealand, Japan and Australia, after negotiating for almost seven years in November 2018 on the grounds of national interest and also that free trade agreements (FTAs) did not amount to free trade and led to more trade diversion than trade creation. The cost and benefit of a regional agreement depend on the amount of trade creation with respect to trade diversion (Panagriya, 2000). This study tries to examine India’s concerns and at the same time, highlights the cost of not joining RCEP. India’s trade deficit with 11 out of the 15 RCEP nations has been a major cause of concern. Unfavourable trade balance, concerns about the impact on dairy sector, economic slowdown, past experience with FTA’s, China factor, data localisation, rules of origin, the experience of ASEAN countries with Sino-FTA have been some of the reasons behind India’s decision to opt-out of this mega multilateral agreement. Also, bilateral trade agreements with some RCEP countries such as Japan, Malaysia, Singapore, Thailand and South Korea were operational. A multilateral trade agreement with ASEAN countries was very much in place. So, trade between India and 12 of the RCEP member countries would not have changed much after India’s inclusion in RCEP. The impact of lower tariffs would have been evident for the remaining three countries: China, Australia and New Zealand. Furthermore, there was fear of a massive surge in imports of manufactures from China, dairy imports from Australia and New Zealand. This study also examines the long term impact of this decision and if India has missed out on becoming a part of the global value chain and gaining greater market access in the Asia Pacific region. India’s policy of import substitution and protectionism did not capitulate desired results in the past. Hence, a critical evaluation of India’s decision and some validation on her concerns and fears have been done.


Author(s):  
Stefanie Vandevijvere ◽  
Nick Young ◽  
Sally Mackay ◽  
Boyd Swinburn ◽  
Mark Gahegan

2001 ◽  
Vol 25 (2) ◽  
pp. 170-178 ◽  
Author(s):  
Janice C. Wright ◽  
Michael N. Bates ◽  
Terry Cutress ◽  
Martin Lee

2021 ◽  
Author(s):  
◽  
Luke Stephen Tysoe

<p>Missionaries to China, by virtue of their positions and knowledge, frequently became important channels of information between cultures. They transmitted Christianity and Western learning to Chinese people while simultaneously describing China to home audiences through their writings and public speaking. This thesis examines how Alexander Don, Presbyterian missionary to the New Zealand Chinese in Otago from 1879 to 1913, performed similar functions as a "cultural mediator". For most of his career, Don was one of the most significant links between Chinese and European people in New Zealand. He developed a relationship with the Chinese community while simultaneously describing Chinese culture to Europeans in his published reports. While Don's missionary career has been extensively documented, there have been no studies of his significance from the perspective of cross-cultural dialogue and exchange. In this thesis I will discuss the ways that Don acted as a cultural mediator, as well as the factors that impelled him to do so. I will make an in-depth investigation of Don's presentation of Chinese culture to European readers through his mission reports, and how this image changed over the course of his career. The picture Don painted was both motivated and influenced by his mission aims, his growing understanding of Chinese culture, and his developing rapport with Chinese people. In order to demonstrate that Don was unique as a cultural mediator in New Zealand, I will compare him to other sources of information on Chinese culture. It will be shown that he provided very different data and opinions from those conveyed by secular writers and authors, and that his descriptions were generally more detailed than those of other missionaries to the New Zealand Chinese and New Zealand missionaries in China. Don will also be compared to more well-known China missionaries, in order to show that he was similar to them in terms of educating Westerners about the East. Finally, I will weigh the impact of Don's cultural mediation activities. Although he gained few converts, he played a crucial role in improving Sino-European understanding and relations. In the final analysis, Don had a greater impact in these areas than he did in the field of evangelism.</p>


2021 ◽  
Author(s):  
◽  
Rachel Alexa Margaret Tallon

<p>Young people are not passive, homogenous audiences of media that is produced by international humanitarian and development organisations (NGOs). They actively read and engage with the messages cognitively and emotionally and in the process create new meanings. This thesis is an investigation into what interpretations young people make from NGO media. The twin goals of education and fundraising present certain difficulties for NGOs who view developed world schools as a key site for awareness-raising for both their brand and global issues of injustice. Critics are concerned that when representation is aligned directly and simplistically with charity, powerful messages are signalled to the viewers. The nature and impact of these messages are yet to be fully understood as there is little empirical evidence of how young people receive and interpret NGO media.  This research directly addresses this gap. The research identifies and maps various interpretations that young people have on encountering images and messages produced by NGOs. Year 10 social studies classrooms were chosen as the context for data collection and 118 young people and seven teachers from five diverse secondary schools in New Zealand participated. They were canvassed using qualitative methods that included focus groups. The approach for this research was informed by postdevelopment critique which examines the power of the discourse of development in constructing ideas about people and development.  The findings show young people to be astute and critical interpreters of NGO media. Teachers reported that NGO media is very influential and could be problematic in forming a solely negative view of the global South. Most of the young people approved of the sector’s charitable work but many expressed doubts about NGO expenditure and the accuracy of the imagery. A key finding is that many said they knew the images were designed to make them feel guilty in order to elicit action which was usually a donation. The findings support other research among adults and show the early development of attitudes towards NGOs and ideas about the developing world. The significance of a conflicting emotional response towards NGO marketing is a central finding for this thesis. This conflict of wanting to help and yet not being able to do so created a tangible tension within the young people and affected how they viewed people in the global South. Young people in New Zealand are emerging actors in the global development industry and their ideas will shape North-South interactions in the future. This research directly contributes to understanding the power of the NGO sector to mediate global relations across difference, a process of which there are moral and political implications.</p>


2019 ◽  
Vol 11 (19) ◽  
pp. 5458 ◽  
Author(s):  
Harris ◽  
Durdyev ◽  
Tokbolat ◽  
Ismail ◽  
Kandymov ◽  
...  

Abstract: New Zealand faces a housing shortage with construction struggling to meet demand. Structurally insulated panels (SIPs) have been demonstrated internationally as a method of construction which could reduce construction time frames, improve the standard insulation in housing, as well as reduce the amount of waste generated on construction sites. However, anecdotal evidence shows that the SIPs’ adoption is lacking, which is, perhaps, attributed to its industry-wide acceptance level. Thus, in this study, the construction stakeholders, such as architects/designers, builders, territorial authorities and homeowners were targeted to shed light on current status of SIPs use, benefits offered and any barriers inhibiting its industry-wide implementation. This was done through a survey, which was designed to understand the construction stakeholders’ experience levels regarding SIPs use in New Zealand as well as their opinions about any problems associated with the SIPs adoption. Although the stakeholders were happy with the thermal performance offered by SIPs, the results indicate that lack of familiarity and understanding are one of the main barriers to the widespread use of SIPs in New Zealand. Moreover, proper training and clear design information are reported to be crucial to make the building and consenting processes efficient, which will ultimately improve the cost-effectiveness. Despite the barriers (to SIPs adoption) documented by stakeholders, the common belief is that SIPs offer wide-range of benefits to improve performance of the built environment; hence, the stakeholders expressed their willingness to design/build/recommend SIP homes. It is hoped that the findings of this study will guide the industry practitioners in investing their efforts in wider adoption of SIPs in New Zealand.


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