Energy News Beat Terna Energy French-based offshore wind developer Oxan Energy has been revealed as the winner of the first Estonian floating offshore wind tender. The company and its partner SNOW, a financial advisor specialising in renewable power generation, will develop the Saare 1 project with a potential capacity of 900MW and up to 60 […]
Energy News Beat OSM Thome Shipmanager OSM Thome has launched EVIGO, a green services division which will be headed by Pia Meling, who currently works with Grieg Green. EVIGO offers end-to-end solutions designed to help customers achieve compliance with evolving environmental regulations while advancing their sustainability goals and staying competitive. “I am thrilled to lead […]
Energy News Beat Seanergy Maritime China’s remarkable thirst for bauxite to manufacture aluminium has helped prop up cape rates considerably in recent years. Now for the first time, the capesize fleet in carrying more bauxite than coal, according to broker Arrow. “Volumes from Guinea have surged at the start of the year, whilst panamaxes have […]
Energy News Beat AsiaTankers Asahi Tanker GSB Tankers and Asahi Tanker have jointly established the Asia Chemical Tanker Alliance (ACTA) to manage the operation and commercial management of chemical tankers ranging from 10,000 to 15,000 dwt. ACTA is headquartered in Singapore, with an additional office in Tokyo. Initially, the joint venture will manage four chemical […]
Energy News Beat Ukraine is ready to make a deal, US President Donald Trump said while addressing the annual World Economic Forum (WEF) in Davos, Switzerland via teleconference. Trump was answering a question from WEF President Borge Brende as to whether there will be a peace agreement by the time of next year’s meeting in […]
Energy News Beat Brazilian state-owned oil and gas major Petrobras has extended the charter of the Modec-owned FPSO Cidade de Angra dos Reis working off Brazil. The FPSO, located on the Tupi field, has been in operation since October 2010. The extension will see the unit stay for an additional five years, until 2030. It […]
Energy News Beat The Singapore Strait is becoming a piracy hotspot once again. A Singapore-flagged bulk carrier was boarded by six individuals while transiting eastbound in the Philip Channel of the Singapore Strait in Indonesian waters, the latest in a series of attacks in the same area over the past few months. According to UK […]
Energy News Beat Disgraced Sentek Marine & Trading will cease bunkering activity in Singapore next month after the country’s Maritime and Port Authority (MPA) decided to not renew its bunker supplier and bunker craft operator licences. In September 2022 Sentek Marine was charged in court with acquiring marine gasoil that was embezzled from Shell’s facility […]
Energy News Beat Suezmax specialist Nordic American Tankers (NAT) is adding a leased vessel to its owned fleet and shipping out one of its oldest tankers. The New York-listed company said it had declared a purchase option on an unnamed 2018-built vessel “on favourable terms from a close financing partner”. NAT has three 2018 Samsung-built […]
Energy News Beat After 14 months and three days in captivity, the crew of the Galaxy Leader car carrier was released on Wednesday. The vessel’s crew, made up of 25 nationals from Bulgaria, Ukraine, the Philippines, Mexico and Romania, was captured on November 19, 2023, when armed Houthis stormed the ship via helicopter. This started 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.
