Stronger Together

Shortly after the world went into lockdown, EnergyFundz saw first-hand how communities, companies and even major hospitals had a hard time obtaining Personal Protective Equipment (PPE). EnergyFundz Healthcare Business Unit has been involved in medical and dental equipment supply for over 3 years and our background in this space allowed us to respond.

We were soon connected with a non-profit, COVID Courage, led by Dr. Anu Anandaraja and Liz Stern. COVID Courage’s mission is to supply PPE to those who can’t afford the minimum orders (often exceeding 1 million units) of masks, gloves, gowns, etc. We worked with COVID Courage to supply nursing homes with small orders of N95 NIOSH masks. Dr. Anu and Liz also educated us about how vulnerable communities and regional health centers were struggling to obtain desperately needed PPE.

In light of this, the EnergyFundz Team wondered how we could do our part to help our local community. How, what and who were the questions we started with and soon realized the  answers were closer to us than we thought.

How?

We wanted to take action that represented a real impact on the community and believed a donation would be the best option. We then had to decide what we were going to donate and to whom.

What? 

We decided to donate cloth face masks that EnergyFundz sells in the US. EnergyFundz has supplied these same masks to major Corporations in Texas as

well as the US Army.  The masks we donated were labeled ‘Stronger Together’ and is how we feel this global pandemic can be challenged. We also felt these

particular face masks were appropriate because they are:

Clothe_Face_Mask

Reusable and can be washed daily and dried overnight.

Sweat-absorbing, antimicrobial and ideal for hot climates (e.g. Houston).

Eco-friendly and do have not to be discarded after single-use.

Who?

We sought out an established organization, who identified with our core values of Transparency, Respect, Excellence and Courage, while also having  an impact on the community. After extensive research and many viable options, we settled on Interfaith Ministries for Greater Houston (IMGH).

EnergyFundz donates reusable face masksAbout Interfaith Ministries for Greater Houston

IMGH first began in 1955, with a mission to bring together people of diverse religious backgrounds for dialogue, collaboration and service, as a demonstration of their shared beliefs. IMGH promotes relationships and volunteering to maintain a healthy and dignified life in vulnerable populations. 

They work in four service areas:

1. Meals on Wheels for Greater Houston and Galveston County.

2. Refugee Services: In cooperation with the US Department of State, IMGH resettles refugees to Houston and helps them assimilate to American life.

3. Interfaith Relations and Community Partnerships: Engages places of worship, businesses, organizations, and nonprofits in dialogue, collaboration, and service.

4. Volunteer Houston: Actively connect individuals and organizations in engaging, fun, and interactive volunteer opportunities.

To learn more about Interfaith Ministries, visit their website and updates on social media.

This week we donated two batches of reusable masks labeled ¨Strong Together¨, which were distributed and used by staff and beneficiaries of the Meals on Wheels and Refugee Services groups. The Director of Marketing and Communications told us about a case:

clothe reusable mask - EnergyFundzThey were happy to receive the masks and we are also happy to know that they are now protected.

Hopefully this post sheds light on two great nonprofits doing their part to help those in need, especially during these challenging times. Please don’t hesitate to reach out to IMGH or COVID Courage if you’d like to find out more, donate or volunteer. We’re also happy to steer you to the right folks at either organization if you have any questions!
To find out more about EnergyFundz protective gear (PPE) and other products, please visit our website.

EnergyFundz recently delivered on a contract to supply the US Army with reusable face masks. While we have previously supplied frontline healthcare workers in regional health centers, universities, county, state and federal agencies, we were happy to know our products were now going towards the men and women who keep us safe everyday.

COVID Masks For Training and Exercise

As we all know, soldiers train daily and involves physically challenging and rigorous activities. Hence, the Army required masks that have several characteristics that allow them to exercise comfortably and not interfere with their physical performance. Their requirements included:

  1. A material that can withstand sweat and dirt (cotton was not allowed).

  2. Machine washable.

  3. Multiple sizing options.

  4. Designed to stay on the face during training.

  5. Effective in reducing the transmission of the COVID-19 virus.

  6. Germ-resistant / antimicrobial.

  7. Completely black, coyote brown, Operational Camouflage Pattern (OCP), or MultiCam. 

In addition, the masks could not have valve-type ventilators/respirators or logos.  

EnergyFundz worked with our manufacturers to supply the Army with a mask which met all their criteria. What’s more, we were able to deliver these masks within 7 days of order

A particular characteristic of our masks is that they are made of a polyester-spandex blend with a lab-tested anti-microbial fabric layer. In addition, the spandex allows for greater flexibility which improves fit around the face and reduces leaks / gaps. 

According to a report by the American Chemical Society, a polyester-spandex blend was found to have 67% filtration efficiency (cotton was slightly higher and of course, N95 masks offer 95% filtration). In addition, the study notes proper mask fit as being critical in reducing the spread of COVID19. Hence, the close fit, breathability, and material properties of these particular masks were key to the Army selecting them. 

While there are brands which offer reusable masks with some of the characteristics above, they are very expensive. What’s more, their branding/logo typically overshadows any logos or text an organization may want to add.

Why reusable masks?

In addition to the Army, several organizations are opting to switch from disposable masks to reusable ones. The benefits include:

EnergyFundz_News_Camouflage Reusable Mask
Camouflage Reusable Mask. Photo by: Jeremy Alfrod

  1. Financial savings. Not having to constantly replenish disposable masks. Instead, providing each employee with 2-3 reusable masks for several months.

  2. Durable. Reusable masks can last up to 1 year if properly cared for. Whereas disposable masks are typically good for between 3 and 8 hours per day and must be discarded once removed

  3. Customizable. Organizations can personalize masks by including their company logo. Several have found it to be a great way to implement internal and external branding and also hand out to new employees or clients.

 4. Eco-Friendly. According to a University College London report, using a disposable mask every day would result in an additional 66,000 tonnes of contaminated plastic waste (the US equivalent would be an additional 300,000 tonnes of plastic waste). This would only add to the issue of plastic filling up landfills and oceans worldwide. EnergyFundz has thus encouraged our clients to move towards masks that are reusable and environmentally friendly.

Disposable masks, however, are still must-have PPE for front-line healthcare workers and EnergyFundz routinely supplies N95 NIOSH masks and medical grade and sterile 3-ply masks. For the general public and those not on the frontlines, we prefer to offer reusable, washable and personalized masks. 

We welcome your comments, inquiries and questions on our line of reusable masks for your organization or teams. Please don’t hesitate to share your needs or reach out and our team will do our best to get your the right PPE to keep your employees and communities safe.

 

In the midst of a pandemic, employers need to do all they can to prevent COVID-19 from spreading at workplace. To achieve this, below are “7 Golden Rules” which will help keep your workplace safe from COVID-19.

 

How to prevent the spread of COVID-19 at workplace?

As we all know by now, COVID-19 is most commonly spread from person-to-person via respiratory droplets when an infected person coughs or sneezes on someone else. Other forms of spread is when someone touches a surface that is contaminated by the virus and then touches their nose, mouth or eyes. 

As of June 2020, there were 16 states where the use of face masks in public places was not required. According to the Inquirer, these states experienced an 84% increase in the rate of infection over a two week period. While in 11 states, where wearing a mask in public was required, new cases fell by as much as 25% in the same two-week period. Imagine then, what these figures would look like in a workplace which does not mandate the use of masks or have established procedures for safe and social distancing.

Hence, establishing new protocols, procedures, and proper use of personal protective equipment (PPE) are essential in the workplace. Below are 7 golden rules employers can take to lower the risk of COVID-19 spread and infection:

 1. Stock-up on necessary PPE well before you plan to re-open or send employees back to work. This includes: masks (reusable or disposable), face shields and gloves.

 2. Instruct employees to stay home if they feel unwell or have a medical condition which makes them susceptible to infection.

 3. Mandate temperature checks for employees and customers entering the workplace and have a hygiene station where they can disinfect their hands and/or belongings. 

 4. Make sure you have enough supplies for hygiene stations, restrooms or common areas. This includes: soap, hand sanitizer, paper towels, disinfectant wipes and no-touch trash cans.

 5. Clean and disinfect frequently touched surfaces, e.g. door handles, phones, cash registers, bathrooms, chairs, tables and countertops.

 6. Alternate or rotate shifts/breaks to limit the number of employees working at the same time.

 7. Put up posters to promote enhanced hygiene habits.

Just as the Construction and Healthcare industry have gone to great lengths to protect their workforce with PPE, COVID-19 has now extended these measures to all industries and workplaces. While it may seem daunting and prohibitive, proper training and pro-active measures will lead to a safer and healthier workplace.

What are you doing to reduce the risk of Covid-19 in the workplace and keep your employees safe?

Contact us!

FOR IMMEDIATE RELEASE

EnergyFundz™ strikes major partnership agreement to develop energy and infrastructure projects in Ghana.

Houston, TX – Dec 13, 2017: EnergyFundz™ is proud to partner with OCEANTECH ENGINEERING-(US-GH) to develop energy and infrastructure projects in Ghana. 

Ghana is on course to become the fourth-largest oil producer in sub-Saharan Africa. By 2020, oil output is expected to be over 240,000 barrels per day and gas at 250 million cubic feet per day. This rapid development will require significant infrastructure development in the energy, power and waste management sectors. 

In order to provide these services in Ghana, EnergyFundz™ has joined domestically with Sultan Global Group (SGG), a business advisory firm specializing in government affairs and engagement, public affairs,  strategy and development. Together, the EnergyFundz-Oceantech Engineering partnership will expand sales, contracts, exports and opportunities for US/Texas energy products and services in Ghana.

Companies interested in expanding or exporting their products or services to Ghana are requested to contact EnergyFundz™ at [email protected] or +1 713 715 8986.

About EnergyFundz™

EnergyFundz™ is a project development and advisory firm in the energy industry. Their technical and business knowledge in upstream and downstream oil & gas equipment has allowed them to expand sales opportunities for Houston-based oilfield companies in emerging markets across Africa. 

About OCEANTECH ENGINEERING-(US-GH)

OCEANTECH Engineering-(US-GH), a Ghanaian owned and operated company, focuses on engineering services in the oil & gas, power and waste management sectors. The company maintains strong relationships to private and public organizations including: Government Ministries (Business Development, Energy, Trade, Water & Sanitation), National Petroleum Authority, Ghana National Petroleum Corporation, Ghana Gas, Tema Oil Refinery, Ghanaian Embassy in Washington DC and Ghanaian Consul in Houston. Oceantech Engineering-(US-GH) is led by Isaac Aduhene Opoku (CEO) and Solomon Tamakloe (CFO).

About Sultan Global Group

SGG is a multi-industry and multi-sector business advisory firm specializing in government affairs and engagement, public affairs, energy and strategy and development. Saadia Sultan is the Founding Partner at SGG. Ms. Sultan is a seasoned government relations leader, previously with ExxonMobil and BHP Billiton. She has over 18 years of experience in domestic and international government relations and public affairs.

New Frontiers

ECOWAS is an organization which is unlikely to be known my many. The Economic Community of West African States is a 15 member bloc of countries founded in 1975 and encompasses just under 350 million people. Like NAFTA – it is a trading block. Unlike NAFTA, it has a (small): parliament, development bank and peace-keeping force with greater aspirations on setting up an EU-like model. Read more

FOR IMMEDIATE RELEASE

EnergyFundz’s™ CEO, Raya Guruswamy, was recently invited to be a guest panelist at the Society of Petroleum Engineer (SPE) Roughneck Conference.

HOUSTON, TX- July 20, 2017 – Raya Guruswamy, CEO of EnergyFundz™, was recently invited to be a guest panelist at a discussion featuring successful oil & gas professionals in an interactive career session. The purpose of the session was to talk to recent graduates and young professionals about the various career paths one can pursue in the oil & gas industry. Raya spoke about his early career and how this helped him refine his interests and gain valueable industry knowledge. He explained how he was then able to use this vital experience to launch EnergyFundz™ and pursue his goal of running his own company.

The panel included oil & gas professionals from finance, consulting, startups, majors and government agencies. The key-note address, delivered earlier in the day, by Anadarko CEO, Al Walker.

Read more about the SPE RNC Conference here: http://www.spegcs.org/events/3610/

Nigeria and Oilfield Sales

“But, it’s Nigeria”, was the feedback during a recent conversation with a client on the potential to expand oilfield sales to Nigeria. To be fair – it is likely many small to mid-tier international oilfield companies have said (or thought) something similar on the prospect of expanding oilfield sales in this part of the world. Read more

Consider These Trends If You Are Buying Or Selling Rigs In 2017
,

Valuations in Buying or Selling Rigs

According to VesselsValue, valuations for some drilling contractor rig fleets have decreased by 40%. This is a likely higher for companies with older fleets. However, there are several opportunistic firms buying or selling rigs determined to use this down-market to buy rigs at severely discounted prices. In conversation with several clients, this has been compared to Baron Rothschild’s advice: “The time to buy is when there is blood in the streets”.  Below are EnergyFundz’s™ observed trends in buying or selling rigs. Read more

As we wrote about recently, acquisitions involving US rigs and oilfield equipment are getting the attention of international buyers. There is little information, however, on what needs to be considered before transporting rigs and oilfield equipment. Read more

When I’m speaking with potential sellers of rigs and oilfield equipment, a routine question they ask me is: Who is buying in this market? It’s a fair question. Read more