1. GRI Simulations, a Canadian company focused on providing simulation technology for offshore oil construction and production, has secured $250,000 funding from the Research and Development Corporation (RDC), a Newfoundland Crown Corporation, to develop a 3‐D software kit that will allow oil companies to simulate oil field design. The software provides numerous advantages to oil companies to improve efficiency in the design, fabrication and installation of fields and components in a variety of harsh environments. The provincial government allocated $19 million to RDC as part of the 2012 provincial budget.