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Hess Sanctions Payara Development, Offshore Guyana

Hess  announced it has made a final investment decision to proceed with development of the Payara Field offshore Guyana after the development plan received approval from the government of Guyana. Payara is the third oil development on the Stabroek Block; gross production capacity from the three developments is expected to reach approximately 560,000 barrels of oil per day in 2024.

The Breidablikk Field in the North Sea Ready for Development

Equinor and partners Petoro, Vår Energi and ConocoPhillips Skandinavia have decided to develop the Breidablikk field in the North Sea. The partnership will submit the plan for development and operation to the Minister of Petroleum and Energy, in addition to awarding contracts for subsea facilities and upgrading of the Grane platform.

OPITO Launches New Product Suite for the Renewable Energy Workforce

OPITO, the global skills organization for the energy industry, has made its first move into the renewable energy industry, with the launch of a new suite of safety and technical training standards, and qualifications, designed to address the skills requirements of a net zero economy.

WOC Partners with Reuters for Offshore & Floating Wind Europe Virtual

Offshore wind investments in the first half of 2020 totaled USD 35 bn, up 319% year-on-year. In a world of economic uncertainty, offshore wind is booming while floating wind projects have successfully become operational. The question for all stakeholders – are we geared up for expansion?

Maersk Supply Service and Ørsted to Test Offshore Charging Buoy

Maersk Supply Service A/S, a part of A.P. Moller-Maersk, and Ørsted have joined forces to test a proto-type buoy that will act as both a safe mooring point and a charging station for vessels, potentially displacing a significant amount of marine fuel with green electricity.

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