Tuesday, January 13, 2026

Aramco Moving Ahead with Massive Shipyard

King Salman Global Maritime Industries Complex will be largest shipyard in Middle East Saudi Arabia is looking to move beyond petroleum production, as the Kingdom prepares for the inevitable decline of its massive oil fields and the prosperity that has come from them. Today Aramco announced a newly-created joint venture with Hyundai, Bahri and Lamprell to build a massive shipyard

EnerCom Inc. Oil & Gas 360

Manitok Natural Gas Production up 66% YOY

Total production up 43% Manitok Energy (ticker: MEI) announced first quarter results today, showing a net loss of $3.8 million, or ($0.01) per share. Manitok has grown significantly in the last year, with production growing from 4,407 BOEPD in Q1 2016 to 6,300 BOEPD in Q1 2017. This 43%year-over-year growth is primarily driven by Manitok’s expanding natural gas production, which