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Voya Asia Pacific High Dividend Equity Income Fund T.IAE


Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.


NYSE:IAE - Post by User

Comment by Kenshoon Aug 02, 2016 1:27pm
98 Views
Post# 25103067

RE:RE:RE:Olympic Octopuss ee Tooling around Stella

RE:RE:RE:Olympic Octopuss ee Tooling around StellaDoug, it just occurred to me that some of your questions can be answered by taking a look at the graphic that IAE put on their web site -  https://www.ithacaenergy.com/operations/greater-stella-area - I am right in that they are using 12 anchor points to hold the FPF-1 in place and I also suspect that they fill those large tanks on each corner of the beast with sea water which also provides some stability and eliminates wave action.

So, once they get the beast on site, they would have to position her and begin to stabilize by adding sea water to the stabilizing tanks and then anchor her down.  This would all take some time as it is a beast (a few weeks would be my guess).  There would be a specialized crew on board that would include frogmen (Gek would be proud) and no doubt they would have some kind of a heavy-duty winching and/or crane system on the Octopus.  Then they would proceed to hook up all the wells - again a couple of weeks maybe and after all is hooked up it would be tested and then the entire system would go through a rigourous testing to ensure that it is all up to snuff after the tow, etc.  And if it all passes muster, then they would have to begin the actual flow of carbon liquids into the system on a progressive basis and this, I suspect, is where most of the time will be spent.  Ensuring that the mechanical workings of the FPF-1 are all in order, and can take the flow of oil/gas.  So, three months seems like a decent amount of time given the complexity of the project and the harsh envornment where it sits.


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