Energy News Beat Iraq approved BP’s $25B contract to develop key Kirkuk oil fields. The Western megadeals may stabilize Iraq’s oil ambitions and play a role in softening Baghdad–Erbil tensions. The BP deal signals a potential resurgence of Western influence in Iraq’s energy sector. Iraq’s Council of Ministers last week approved the final version of […]
Energy News Beat Is Iran’s Regime About to Go the Way of Syria’s? A series of perceived betrayals has shaken the clerical establishment’s “hard base.” By Saeid Golkar, a senior fellow at the Tony Blair Institute and an assistant professor at the University of Tennessee at Chattanooga, and Kasra Aarabi, the director of Islamic Revolutionary […]
Energy News Beat Daily Standup Top Stories Coal Coal Baby March 24, 2025 Clark Savage ENB Pub Note: This article is from Robert Bryce and his Substack. We highly recommend subscribing and supporting his work. He has amazing points on Energy and today is no exception. The world needs low-cost […] British Oil Sector Hinges on Shell’s […]
Energy News Beat Nortrans Singapore-based Nortrans Offshore has been awarded a contract with Italian giant Saipem for work on the Jansz-Io compression project offshore Western Australia. As part of this project, the company took the 200-person flotel Belait CSS 1 on a long-term bareboat charter. This is the flotel’s first project with Nortrans which is […]
Energy News Beat EuropeOffshore Prosafe Oslo-listed semisub accommodation vessel owner Prosafe has signed a deal to sell one of its flotels for recycling. Prosafe said that it would be recycling its 1984-built, anchor-moored semi-submersible tender support and accommodation vessel Safe Scandinavia. The vessel is presently located in Norway and has been in cold layup for […]
Energy News Beat Seanergy US-listed Greek capesize bulker specialist Seanergy Maritime has entered into sale and leaseback agreements with a Chinese financier for two of its vessels. The Stamatis Tsantanis-led company revealed in its annual report that the 2009-built Friendship and the 2010-built Squireship had been sold to China Huarong Shipping Financial Leasing, thereby refinancing […]
Energy News Beat Norwegian Offshore Wind The United States’ shift in offshore wind policy is set to create a potential global installation shortfall of 26GW by 2035 as a result, according to TGS’ latest report. The company said in its Quarterly Market Overview Report that the withdrawal of a major market like the US has […]
Energy News Beat LS Cable South Korea-based electrical cable provider LS Cable & System has announced that it will be expanding its presence in the offshore wind market through several of its subsidiaries. The company said that Gaon Cable, LS Eco Energy, LS Materials, and LS Marine Solution will further strengthen its competitiveness across the […]
Energy News Beat EuropeOffshore Odfjell Drilling Ørjan Lunde is stepping down as CEO of Norwegian shipowner Kristian Gerhard Jebsen Skipsrederi (KGJS) to return as chief financial officer at Odfjell Drilling, effective from September 1. Lunde was CFO at the drilling firm from 2019 to the start of 2024 when he moved to take the reins […]
Energy News Beat AsiaOperations ClassNK Hayato Suga has been promoted from senior vice president to become president and CEO of ClassNK, replacing Hiroaki Sakashita who becomes chairman of the Japanese classification society. Suga commented: “The business environment is changing rapidly, with boundaries between industries becoming increasingly blurred due to environmental challenges and digital transformation. In […]
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.
