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Solstad vessels hired to support North Sea drilling campaigns

Norwegian offshore vessel owner Solstad Offshore has been awarded four platform supply vessel (PSV) contracts for work in the UK North Sea. The contracts were...

Exmar’s ammonia fuelled midsize gas carrier gets AIP

Lloyd’s Register (LR) has awarded an Approval in Principle to Exmar’s ammonia fuelled 40,000 m3 midsize gas carrier (MGC). The vessel was designed by China-based Jiangnan...

ExxonMobil curbs spending plans, reveals path to lower-carbon future

Oil major ExxonMobil has revealed its capital spending in 2021 will be in the range of $16 billion to $19 billion as well as...

Chevron sticks to lower budget plans, sets new carbon reduction goals

U.S. oil major Chevron has reaffirmed its lower budget plans, doubled its savings estimate from the takeover of Noble Energy, and set new goals...
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