Energy News Beat Cockett Group Vitol and Grindrod have decided to close down their bunkering business, Cockett. The joint shareholders of the marine fuels and lubricants trader said the operation will be wound down in an orderly manner. Cockett will continue to fulfil all its existing obligations to both suppliers and customers but it will […]
Energy News Beat Middle EastOffshore Vantage Drilling Vantage Drilling Saudi oil and gas driller ADES has signed a multi-year contract extension for one of its jackup rigs. ADES signed a deal for the 2009-built Sapphire Driller with what it described as a “major operator in Qatar”. The extension is for a firm duration of four […]
Energy News Beat Aurora Offshore Christen Sveaas’ Viking Supply Ships has expanded its anchor-handling tug supply (AHTS) fleet with a new acquisition. The Stenungsund-based firm said on Tuesday that it entered into an agreement to buy the 2012-built Ice Class 1A AHTS vessel Atlantic Kestrel from Canadian company Atlantic Towing. The 85 m vessel, originally […]
Energy News Beat AmericasOffshore MarineTraffic / Alberto ADR MarineTraffic / Alberto ADR US-based LNG player New Fortress Energy has executed a three-year charter agreement for the Energos Freeze FSRU with Energía 2000 in the Dominican Republic. The 125,000 cu m floating storage and regasification unit will be deployed to Energía 2000 LNG import terminal in […]
Energy News Beat Egypt’s Suez Canal will offer a 15% discount for the next three months on transit fees for containerships of 15,000 teu and above in terms of capacity, to encourage trade back, with recent headlines suggesting the Red Sea shipping crisis is coming to a close. The Suez Canal Authority said the offer was in […]
Energy News Beat The future of coal was one of the dominant topics crystal balled at this year’s Geneva Dry conference, with some panellists believing that last year saw the peak in seaborne trades. The panel, led by Benjamin Wilkes, chief operating officer of d’Amico’s dry cargo division, opened with coal’s largest importer, China, and […]
Energy News Beat Port of Barcelona Japan’s Nippon Yusen Kaisha (NYK) has been awarded a 27-year concession from the Port of Barcelona for a finished-vehicle logistics terminal. The new facility, scheduled to commence operations in 2027, will incorporate a fully automated multilevel parking system, utilise renewable energy, and have an annual throughput of around 180,000 […]
Energy News Beat Maersk / Singapore MPA The world’s first commercial-scale e-methanol plant began operations in Denmark yesterday, with Maersk set to buy part of the production. The Kassø e-methanol facility in Aabenraa, Denmark, developed by European Energy and operated in collaboration with Mitsui & Co, has an annual production capacity of 42,000 tonnes and operates entirely on renewable […]
Energy News Beat Abu Dhabi’s AD Ports Group is expanding its business in Central Asia, signing with KazMunayGas (KMG), the national oil company of Kazakhstan, to build four shallow-draft containerships designed for use on the Caspian Sea, each with a capacity of 780 teu, and contemplating investing with KMG in up to four aframax tankers. […]
Energy News Beat Acknowledging the challenges in sourcing the right numbers of staff at sea, French liner giant CMA CGM has launched CMASHIPS.com, the company’s first global seafarer recruitment website. The site is an open gateway for seafarers from around the world to apply for positions aboard CMA CGM vessels. It brings together all the […]
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.
