Energy News Beat Adnoc said in a statement that the offering of 3.1 billion ordinary shares in Adnoc Gas represents 4 percent of the issued and outstanding share capital of the company. According to Adnoc, the offering saw “exceptional” demand from institutional investors in the GCC and internationally, with a total oversubscription of 4.4x. It […]
Energy News Beat Cheniere’s Sabine Pass facility currently has a capacity of about 30 mtpa following the launch of the sixth train in February 2022. In December 2023, Cheniere said it plans to build two instead of three liquefaction trains as part of the Sabine Pass Stage 5 expansion project with an optimized unit/cost footprint. The project […]
Energy News Beat BP operates GTA with a 56 percent working interest alongside Kosmos Energy (27 percent), Petrosen (10 percent), and SMH (7 percent). “The first LNG cargo is expected later this quarter, with an LNG tanker currently standing by the hub terminal ready for loading,” Dallas-based Kosmos said on Monday. Also, the partnership is […]
Energy News Beat Rob Mortimer, managing director of fuel specialist Fuelre4m, takes a challenging look at the outcomes from last week’s IMO Intersessional Working Group on the Reduction of GHG Emissions from Ships My biggest takeaways from the recent convening of 107 parties, representing 97% of the world’s shipping tonnage are: We’re committed to cutting […]
Energy News Beat Shearwater Geoservices Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a contract for a large deepwater 4D OBN reservoir surveillance program by US supermajor ExxonMobil in Guyana. Under the award, Shearwater will commence a six-month survey starting in the first half of 2025. The field unit will be comprised of […]
Energy News Beat EuropeOffshore Saipem Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have reached an agreement in principle on the key terms of a possible merger of the two companies. The combination of Saipem and Subsea 7 will be completed by way of an EU cross-border statutory […]
Energy News Beat Changhong International The US is considering slapping huge fees on Chinese-built ships calling at its ports, while also clamping down on Chinese ownership of terminals on home soil. The United States Trade Representative (USTR) has finally outlined the ways it feels Washington DC can fight back against the dominance China has in […]
Energy News Beat EuropeOperations NATO Swedish police are investigating another suspected case of sabotage of an undersea telecoms cable in the Baltic Sea. Finnish telecom operator Cinia said on Friday that it had detected minor damage in Swedish waters on its C-Lion1 undersea fibre-optic link connecting Finland and Germany, the third time this particular cable […]
Energy News Beat Comment spammers are a scourge, and we crush them. But if your VPN assigns you an IP address that spammers had used to attack our comments, you get blocked. And this happens. By Wolf Richter for WOLF STREET. VPNs can be great, and they work fine with WOLF STREET until they assign you an IP […]
Pecos Country Operating, LLC is a privately owned oil and gas exploration and production company headquartered in Fort Worth. We own and operate wells across the South Central United States with our predominant means of production coming out of West and North Texas.
