Energy News Beat Subsea 7 Offshore engineering and services player Subsea 7 has won a contract for work on Shell’s Sparta deepwater development in the US Gulf of Mexico. The project involves the transportation and installation of a floating production system at Garden Banks block 959, which is located off the southeastern coast of Louisiana […]
Energy News Beat The trend towards high-frequency sensor data is increasing, but investment decisions require a truly rigorous approach, writes Christian Rae Holm, the CEO of Coach Solutions. Data continues to represent value in the pursuit of vessel energy efficiency, and as the value of actionable information increases, the focus is increasingly on using high-frequency […]
Energy News Beat Maersk / Singapore MPA Green methanol provider C2X has secured $100m in further investment from A.P. Møller Holding, A.P. Møller – Mærsk and Japanese energy company ENEOS. The proceeds from the investment will primarily be used to fund the final development phase of the Beaver Lake Renewable Energy (BLRE) project which C2X is […]
Energy News Beat Dry CargoEurope ResInvest Group and Myrtle Marine Corp have entered into a strategic joint venture, forming a 50/50 partnership to invest in Mira Bulk. Mira Bulk will focus on marketing Myrtle Marine’s vessels and servicing the freight needs of EP Resources. “With a strong presence in both geared and gearless markets, Mira […]
Energy News Beat Windcoop, a French cooperative, has placed a landmark order in Turkey for a sail-powered boxship. Tuzla-based RMK Marine, which is also building the wind-powered Neoliner Origin roro, will build the new-look container vessel. The 91.3 m long open hatch ship, costing EUR28.5m ($31.6m) has a capacity of 210 teu, plus 40 reefer […]
Energy News Beat Fed’s assets-to-GDP ratio dropped to 22.6%, first seen in 2013. Quantitative Tightening has shed 25% of total assets from peak. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet fell by $33 billion in March, to $6.72 trillion, the lowest since May 6, 2020, according to the Fed’s weekly balance sheet […]
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.
