Energy News Beat AmericasOffshore Valaris Valaris New York-listed offshore driller Valaris has been awarded new deals for its rigs, increasing the company’s backlog to approximately $4.2bn. US supermajor ExxonMobil exercised a six-month price option for the 2015-built Valaris DS-9 drillship. The option will begin in January 2026 in direct continuation of the existing firm program. […]
Energy News Beat ContainersGreater China Ningbo Ocean Shipping Ningbo Ocean Shipping Ningbo Ocean Shipping Co (NBOSCO) has revealed a fleet expansion plan, which is expected to see four newbuildings added to its fleet. The Shanghai-listed subsidiary of Ningbo-Zhoushan Port Group has lined up up to $192m for a quartet of 2,700 teu vessels, with the […]
Energy News Beat New Dayang Shipbuilding Japanese owner Kasuga Kaiun has returned to Chinese builder New Dayang with an order for two more ultramax bulk carrier newbuilds. No price has been revealed for the pair of 64,100 dwt vessels, which takes Kasuga’s bulker orderbook at the shipbuilding arm of state-run machinery manufacturer Sumec Group to […]
Energy News Beat Whitehouse.org Yesterday, the US imposed sanctions on seven entities engaged in Iranian petroleum products and petrochemical products trade as well as identifying two vessels as blocked property. The tankers Eloise and Olia managed by Vroom Marine Venture were the one picked up for the latest sanctions as the US continues its so-called […]
Energy News Beat Mark Charman, CEO and founder of Faststream Recruitment, provides readers with insights from his company’s latest Global Ship Operators Employment Report. The maritime sector is undergoing a profound shift and ship operators are right at the centre of it. In the Global Ship Operators Employment Report 2025, Faststream Recruitment surveyed ship operators […]
Energy News Beat ContainersEurope Euroseas Euroseas Euroholdings, a Nasdaq-listed spinoff and subsidiary of Greek containership owner Euroseas, has initiated a search for strategic options for its business. The company, incorporated in March this year, said that its board, led by chairman Aristides Pittas, has launched a “comprehensive review of strategic alternatives to maximize shareholder value”. […]
Energy News Beat Ørsted Danish offshore wind developer Ørsted has sold a 24.5% stake in the 389MW West of Duddon Sands offshore wind farm to funds managed by Schroders Greencoat. Schroders Greencoat has a combined net generating capacity of over 7GW and £9.6bn ($12.75bn) in assets under management. The asset manager is also a partner […]
Energy News Beat SBM Offshore Dutch floater expert SBM Offshore has signed a contract with UK-based supermajor BP for the wet tow and installation of the Kaskida semi-submersible floating production unit (FPU). The Kaskida field is a greenfield Paleogene development located approximately 400 km southwest of New Orleans in the Keathley Canyon area of the […]
Energy News Beat Wattlab, the Netherlands-based maritime solar specialist, has introduced its SolarDeck technology to the seagoing shipping industry. SolarDeck is a modular and scalable system of deck-mounted solar panels that yield significant reductions in fuel consumption and CO2 emissions. Moreover, based on installation on a seagoing general cargo vessel, SolarDeck combines substantial savings via […]
Energy News Beat Daily Standup Top Stories U.S. LNG will be the United States’ largest export product – Secretary Chris Wright On the Crude Truth Substack, Rey Trevino writes: Secretary Chris Wright provided a comprehensive summary of the first 100 days of the Trump administration’s energy initiatives during the cabinet meeting today. As an oil […]
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.
