Energy News Beat A consortium consisting of NYK Line, NTT Facilities, Eurus Energy Holdings, MUFG Bank, and the city of Yokohama has signed a memorandum of understanding to build an offshore floating green data center. With the advancement of digital transformation, an explosive increase in demand for data centers is expected, and large sites are […]
Energy News Beat In a move to improve seafarer well-being and tackle worsening labour shortages in the shipping industry, the Global Maritime Forum has launched new guidelines for improving life at sea. The international not-for-profit organisation said that it aimed to use its most recent Sustainable Crewing Guidelines to boost working conditions and alleviate the […]
Energy News Beat AmericasOffshore ADES Brazilian offshore driller Constellation Oil Services has won a contract from compatriot oil and gas giant Petrobras for jackup rig work. The company said it was declared the winner of a recent tender and that the deal was awarded to the Admarine 511 jackup, owned by its commercial partner ADES. […]
Energy News Beat EuropeOffshore Prysmian Italian cabling giant Prysmian has signed a seven-year framework agreement with Dutch subsea services specialist N-Sea for rapid response maintenance and repair of submarine cables. This partnership will bring a brand-new solution for submarine cable maintenance and repair to the market. The announcement follows the European Commission’s recent request to […]
Energy News Beat Andrew Craig-Bennett provides readers with a history of hours of rest at sea. How much have things changed over the centuries? A few years ago, ships were being pulled up for hours of rest breaches by Port State Control (PSC) officers all the time, everywhere. This was brought on by the International […]
Energy News Beat AmericasTech Some famous names in shipping have teamed up with one of America’s most famous science research institutes to tackle challenges facing global shipping. ABS, Capital Clean Energy Carriers Corp, HD Korea Shipbuilding & Offshore Engineering, Foresight Group, Navios Maritime Partners, the Singapore Maritime Institute, and Dorian LPG are joining forces with […]
Energy News Beat CMA CGM Tech firm ABB and French liner giant CMA CGM are collaborating on a new parametric roll algorithm to improve ship safety with Splash reporting on many container overboard incidents over the years. The solution integrates a theoretical framework developed by CMA CGM into the ABB Ability OCTOPUS Marine Advisory system. […]
Energy News Beat Demand for mortgages to purchase a home has plunged by nearly double the rate of sales of existing homes. By Wolf Richter for WOLF STREET. For the past four weeks, mortgage rates have stabilized at just over 6.7%, with the average conforming 30-year fixed mortgage rate ticking up to 6.71% in the latest week, according […]
Energy News Beat Floatel International Oslo-based offshore accommodation vessel specialist Floatel International has won a contract extension for one of its units operating off Brazil. Under the extension, the 2013-built Floatel Victory will provide maintenance and safety unit support alongside the Peregrino FPSO. The flotel contract has been extended through the end of 2025. All […]
Energy News Beat McDermott Houston-based offshore contractor McDermott has been selected by UK supermajor Shell for an enterprise framework agreement for engineering and procurement services and integrated project management team services. McDermott said that the agreement has a duration of three years with two one-year optional extensions. The scope of the agreement encompasses the full […]
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.
