212 results found for 'oando'

212 results found for 'oando'
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  • Cooper River Dredging Plans on the Table

    4 October 2017
    Business & Finance

    The South Carolina Ports Authority has submitted an application to the Department of the Army and the S.C. Department of Health and Environmental Control for a permit to dredge the Cooper River at a location adjacent to the Hugh K. Leatherman (HLT) in Charleston. The proposed work consists of conducting new work and maintenance dredging to improve […]

  • SCPA’s Top Priority Is Deepening of Charleston Harbor

    16 October 2014
    Business & Finance

    SC Ports Authority has achieved 13 percent year-over-year growth in container volume for the first quarter of the 2015 fiscal year. This was announced yesterday by SCPA president and CEO Jim Newsome who said that SCPA experienced fairly significant growth during the first quarter, and above-plan volumes are reflected in SCPA’s strong financial performance for […]

  • SCPA’s Harbor Depth as Asset

    15 October 2015
    Business & Finance

    Moody’s Investors Service and Standard & Poor’s Ratings Services have affirmed South Carolina Ports Authority’s (SCPA) solid financial position, citing a growing regional economy, significant capital support and a strong operating profile as key factors in the positive ratings issued this week. The ratings come as SCPA plans to issue approximately $290 million in new […]

  • Oil jumps after surprise drop in U.S. crude inventories

    21 September 2016

    By Amanda Cooper LONDON (Reuters) – Oil prices jumped 2 percent on Wednesday after a surprisingly large drop in U.S. crude inventories and as an oil services workers strike in Norway threatened to cut North Sea output. Brent crude futures <LCOc1> were up 91 cents at $46.79 per barrel by 1113 GMT, while West Texas […]

  • Sirius Petroleum agrees Ororo financing with BP

    14 August 2017
    Project & Tenders

    Investment company Sirius Petroleum has entered into a $10 million revolving pre-payment facility and commercial offtake agreement for the sales of crude oil produced from Nigeria’s Ororo offshore field with BP. Sirius entered discussions with BP regarding an offtake and pre-payment facility to support the financing of the company’s proposed drilling program on the Ororo […]

  • Nigeria: Ororo seabed survey in preparation ahead of rig arrival

    27 March 2017
    Project & Tenders

    Investment company Sirius Petroleum has executed a contract with Polaris Consulting Company which has been hired to undertake a seabed survey around the Ororo field license area, offshore Nigeria.  The Ororo field, discovered in 1986, is located within OML 95 in shallow waters offshore Ondo State. It is operated by Guarantee Petroleum (55% interest) with Owena Oil […]

  • Oil prices stabilise as Russia joins OPEC in production cut

    1 February 2017

    By Henning Gloystein SINGAPORE (Reuters) – Oil steadied on Wednesday as Russia joined OPEC in cutting production to try to balance the market, although plentiful supply in places such as the United States dragged on prices. Brent crude futures <LCOc1>, the international benchmark for oil prices, were trading at $55.63 per barrel at 0749 GMT, […]

  • Advancing infrastructure projects at SC Ports

    1 November 2020
    Infrastructure

    South Carolina Ports Authority is continuing to advance infrastructure projects, securing its position as the preferred U.S. container port ahead of an incredibly significant year. SC Ports is investing more than $2 billion to build timely, world-class infrastructure, ensuring ample capacity and big-ship capabilities for decades to come. In 2021, SC Ports will open the […]

  • Oil prices dip as rising U.S. output offsets OPEC-led cuts

    27 January 2017

    By Henning Gloystein SINGAPORE (Reuters) – Oil prices dipped on Friday as rising crude output from the United States was offsetting efforts by OPEC and other producers to prop up the market by cutting supplies. Brent crude futures, the international benchmark for oil prices, were trading at $56.17 per barrel at 0556 GMT, down 7 […]

  • USDOT Grants USD 74 Million to Maritime Projects

    15 September 2014

    U.S. Department of Transportation (USDOT) Secretary Anthony Foxx has disclosed  that seven grants, totalling little over USD 74 million or about 13 percent of total Transportation Investment Generating Economic Recovery (TIGER) grant funding, are going to projects that USDOT classifies as “maritime.” Another USD 54,469,652 comprising five awards, which is equal to about 9 percent of the total funding, […]

  • Nigeria: Officials Remove 62 Shipwrecks from Lagos Waterways

    4 June 2013
    Business & Finance

    The Minister of Transport, Senator Idris Umar, says government had to remove 62 critical wrecks from Lagos waterways to allow for dredging and also accommodate bigger vessels. Umar disclosed this in Abuja on Monday during the 2013 Ministerial Platform organised by the Ministry of Information. The News Agency of Nigeria (NAN) reports that the event […]

  • Sirius still waiting for COSL rig set for Ororo drilling

    4 May 2018
    Exploration & Production

    Sirius Petroleum is awaiting clarification from COSL on timing for completion of mobilization of the rig set to drill the Ororo-2 well.

  • Oil prices bounce but stuck near 2017 lows on supply overhang

    16 June 2017

    By Libby George LONDON (Reuters) – Oil prices edged up from 2017 lows on Friday but an ongoing supply excess put them on track for their fourth consecutive week of losses despite OPEC-led production cuts to support the crude market. Brent crude futures <LCOc1> were up 42 cents at $47.34 per barrel by 0755 GMT. […]

  • Rig delays move Sirius’ drilling plans to summer

    7 June 2018
    Exploration & Production

    Sirius Petroleum now expects to spud the Ororo-2 well in Nigeria “during the summer,” months after the originally anticipated April 2018 date. The delay was caused following rig delays by China’s drilling contractor COSL.

  • Muga Harbour hosts discussion on Baltic LNG infrastructure

    26 September 2014

    Over 150 specialists, investors and port representatives gathered on the 25th of September at the international LNG seminar to discuss over the development of LNG infrastructure in the Baltic Sea ports.  The seminar, which took place in Estonia, in Muuga Harbour, was organized by Baltic Ports Organization (BPO) and Port of Tallinn. Seminar’s keynote speech […]

  • Two giant ship-to-shore cranes arrive at SC Ports

    27 October 2020
    Equipment, Infrastructure, Ports & Logistics

    South Carolina Ports Authority (SCPA) received two new ship-to-shore (STS) cranes on 26 October, marking the first cargo-handling equipment to arrive for the Hugh K. Leatherman Terminal, which is under construction in North Charleston.

  • Sirius Petroleum raising funds ahead of Ororo drilling

    22 February 2017
    Project & Tenders

    Sirius Petroleum is raising funds for equipment mobilization deposits for the upcoming drilling campaign at the Ororo field, offshore Nigeria.  The Ororo field, discovered in 1986, is located within OML 95 in shallow waters offshore Ondo State. The field lies in water depths ranging between 23ft and 27 ft. Guarantee Petroleum has a 55% participating equity […]

  • MHI: First US Manufactured Gas Turbine Shipped to Dominion Group

    11 October 2012

    Savannah Machinery Works, the gas turbine manufacturing base of Mitsubishi Heavy Industries in the U.S., shipped an M501GAC gas turbine, the first MHI gas turbine ever manufactured in the U.S. The unit will be delivered to Virginia Electric and Power Company (VEPCO), a subsidiary of Dominion Resources, Inc. With this event production of MHI gas […]

  • ORCA AI joins 2nd phase of Japan’s fully autonomous ship project

    30 August 2023
    Automation, IT & Software, Vessels

    Tel Aviv-based maritime technology company Orca AI has revealed that it will participate in the second development stage of the MEGURI2040 full autonomous ship project administered by Japan’s Nippon Foundation.

  • Oil falls after failed North Korean missile test, U.S. rig count gains

    17 April 2017

    By Aaron Sheldrick TOKYO (Reuters) – Crude oil fell on Monday in quiet trading after the three-day Easter break on signs the United States is continuing to add output, undermining OPEC efforts to support prices, and as the market digested North Korea’s failed missile launch on Sunday. Benchmark Brent crude futures <LCOc1> were down 56 […]

  • 15 hybrid cranes join SC Ports’ Leatherman Terminal

    14 December 2020
    Environment, Equipment, Infrastructure, Ports & Logistics, Transition

    South Carolina Ports has welcomed 15 hybrid rubber-tired gantry cranes intended for its Hugh K. Leatherman Terminal, a new container terminal set for opening in March 2021. The RTG cranes were fabricated by ZPMC and then shipped across the Pacific Ocean and through the Panama Canal before making their final leg of the journey to Charleston. […]

  • SC Ports welcomes 7 new cranes as Leatherman Terminal nears opening

    4 November 2020
    Equipment, Infrastructure, Ports & Logistics

    South Carolina Ports Authority (SCPA) received three new ship-to-shore (STS) cranes and four hybrid rubber-tired gantry cranes on 3 November at the Hugh K. Leatherman Terminal in North Charleston.

  • SCPA officially opens Hugh K. Leatherman terminal

    12 April 2021
    Business Developments & Projects, Infrastructure, Ports & Logistics

    South Carolina Ports welcomed the first vessel to the Hugh K. Leatherman Terminal on 9 April 2021, marking the first container terminal to open in the U.S. since 2009.

  • ABS greenlights Japanese fully autonomous ship framework

    21 July 2023
    Automation, Business & Finance, Business Developments & Projects, Certification & Classification, Green Marine, Outlook & Strategy, Ports & Logistics, Regulation & Policy, Technology, Transition, Vessels

    The American Bureau of Shipping (ABS) has issued an approval in principle to the fully autonomous ship framework named Action Planning and Execution System for full autonomous (APExS-auto). The system was developed by Nippon Yusen Kabushiki Kaisha (NYK), Monohakobi Technology Institute (MTI), and Japan Marine Science Inc. (JMS) as part of the fully autonomous ship […]

  • Sirius Petroleum ready for transition into operating company

    18 December 2017
    Business & Finance

    Sirius Petroleum will complete its transformation into an operating company focused on developing proven oil and gas assets in Nigeria later this week.