Energy News Beat Middle EastOffshore Vantage Drilling Vantage Drilling Offshore drilling contractor Vantage Drilling has received a conditional letter of award from an undisclosed client for the 2010-built drillship Platinum Explorer. The company stated that the conditional letter of award has a 90-day validity period. The contract value is around $80m with an anticipated 260 […]
Energy News Beat Excelerate Energy Limited Partnership, a unit of Excelerate, has priced its offering of $800 million in aggregate principal amount of 8.000 percent unsecured senior notes due 2030. The firm said in a statement that the 2030 notes will mature on May 15, 2030, and will be issued at par. The recent offering […]
Energy News Beat “Louisiana LNG has a foreign-trade zone, enabling the project to defer payment of tariffs until completion of each LNG train,” O’Neill said in Woodside’s quarterly report on Wendesday. “We are assessing the potential impacts of recent tariff announcements and potential further trade measures on Louisiana LNG. Around 25 percent of Louisiana LNG’s […]
Energy News Beat Excelsior’s AIS data shows that the unit arrived offshore Wilhemshaven from Rotterdam on Wednesday. LNG Prime invited DET to comment on the chartered unit’s arrival and provide further information about the commissioning process. In 2023, the FSRU arrived at the Navantia yard in El Ferrol, Spain, for a planned stopover before its job […]
Energy News Beat Daily Standup Top Stories How would a Nuclear Deal with Iran impact the global oil markets? Can OPEC+ acctually enforce production limits is the second part of that question. While examining the headlines of other publications, it is interesting to consider the potential impact of the 1-2 million barrels per day returning […]
Energy News Beat AfricaEuropeOffshore MarineTraffic / Sondre M Pettersen MarineTraffic / Sondre M Pettersen Norwegian offshore vessel owner Olympic has won work for one of its anchor handling vessels from US supermajor Chevron. The US company hired the Olympic Zeus anchor handler and offshore construction vessel for work on the Agbami FPSO off Nigeria. According […]
Energy News Beat Hanwha Ocean Advantage Tankers has reportedly added to its newbuilding orderbook in a deal for a brace of VLCCs in South Korea. Greece’s Xclusiv Shipbrokers note the Geneva-based owner and operator of about 25 ships has booked the two 320,000 dwt units at Hanwha Ocean at $126.5m each. Established in 2014, the […]
Energy News Beat The White House President Donald Trump has hinted at easing his aggressive trade stance with China, suggesting a significant reduction in the steep tariffs on Chinese imports amid ongoing market turbulence. Speaking at a White House press briefing on Tuesday, Trump indicated that the current tariffs, which have soared past 145%, will […]
Energy News Beat There might be a 12m teu gap between them, but old rivals Hutchison Ports and PSA International are neck and neck when it comes to revenues these days, helping explain what a canny potential deal BlackRock and Mediterranean Shipping Co (MSC) have carved out for themselves. The latest data from Alphaliner covering […]
Energy News Beat AmericasOffshore Democratic Party Representative Salud Carbajal has reintroduced the California Clean Coast Act into the US Congress. The California Clean Coast Act would permanently ban future offshore oil and gas leasing in areas of the Outer Continental Shelf off the coast of California. The act was the first bill the congressman introduced […]
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.
