Energy News Beat ENB Pub Note: This article is quietly essential, as President Trump is talking about buying tankers. We need American-flagged LNG tankers at a huge volume, and we also need cargo carriers so we can’t have sanctions placed on our exports. We are looking up information, but the ship sizes built by Hyundai […]
Energy News Beat Daily Standup Top Stories Saudi Arabia’s Budget Deficit Surged Before the Oil Price Crash May 6, 2025 Clark Savage ENB Pub Note: The story below is from Tsvetana Paraskova on Oilprice.com, and she has some great points about the Saudi Budgets. I have been saying that the Saudis need the $80 to $85 […]
Energy News Beat Ørsted Danish offshore wind developer Ørsted has discontinued the Hornsea 4 offshore wind project in the UK, citing rising costs and increased risks for development. The Danish firm said that, since the contract for difference (CfD) award in September 2024, the 2.4GW Hornsea 4 project had seen several adverse developments relating to […]
Energy News Beat EuropeOffshore Siem Siem Norwegian seismic service provider Electromagnetic Geoservices (EMGS) has expanded its business into the offshore construction sector with the acquisition of the Siem Day offshore subsea construction vessel (OSCV). EMGS said that the acquisition represents a strategic diversification, complementing its existing electromagnetic operations and expanding into the growing subsea construction […]
Energy News Beat EuropeTankers Kremlin Kremlin Russia has spent $14bn buying just over 400 tankers for its so-called shadow fleet since May 2022, an armada that is now struggling to deliver exports around the world, according to new data from Navigating Russia, a substack penned by former Wall Street banker Craig Kennedy. Large-scale tanker sanctions […]
Energy News Beat The White House Donald Trump, the American president, has claimed that after more than 17 months, the Red Sea shipping crisis is coming to a close. Speaking at the White House yesterday, Trump said Yemen’s Houthis have agreed to halt their attacks on shipping and that Washington would in turn stop carrying […]
Energy News Beat AsiaOperations Narendra Modi Official Website Narendra Modi Official Website Shipping has a new hotspot to navigate through with South Asia erupting into conflict overnight. India conducted missile strikes on nine targets in Pakistan and Pakistan-administered Kashmir last night. India’s military reported seven civilian deaths from Pakistani shelling along the de facto border, […]
Energy News Beat EuropeOffshore TGS TGS Oslo-listed seismic data specialist TGS has been awarded a 4D streamer contract in the East Mediterranean. The company said in an Oslo Bors filing that the acquisition was scheduled to begin in the second quarter of this year. The deal has a duration of approximately 90 days. Kristian Johansen, […]
Energy News Beat Solstad Offshore Norwegian vessel owner Solstad Offshore has won a new contract for one of its anchor handling tug supply vessels (AHTS). The 2007-built anchor handler Normand Turquesa was awarded a new four-year deal by Brazilian state-owned oil and gas major Petrobras. According to a statement by the Norwegian firm, the contract […]
Energy News Beat Kernel Mykhailo Kravchenko, head of fleet service and transhipment commercial operations at Kernel, reflects on key takeaways from last week’s Geneva Dry summit. Geneva Dry 2025 brought together some of the most experienced players in dry bulk shipping — traders, shipowners, operators, and analysts — to discuss the current market and what […]
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.
