The CX-15 buoyant tower designed by Horton Shallow Water Development (SWD) has been successfully set as planned for BPZ Energy off the coast of Peru.

The pick-up of drilling activity in offshore UK will continue, on the back of high oil prices and 2012 budget reforms supporting production and development, according to Research and Market’s "United Kingdom Oil and Gas Report Q3 2012.

Deepwater Gulf of Mexico (GoM) is experiencing a strong resurgence of exploration and production activity and is well on its way toward reaching a “new equilibrium” in 2013 according to Wood Mackenzie’s latest upstream outlook.

A McDermott International, Inc. subsidiary has been awarded a contract by the Discovery system for offshore facilities in the Gulf of Mexico.

The CX-15 buoyant tower, designed by a joint venture between GMC and Horton Wison Deepwater for BPZ Energy and completed at Wison Offshore & Marine’s yard in Nantong China, was transported to Peru.

Heerema Fabrication Group’s Hartlepool yard in the UK received a frame contract from GDF Suez E&P UK for the fabrication and commissioning of four topsides for the Cygnus gas field development on the UK Southern North Sea.

McDermott International, Inc. plans to build another high capacity reeled pipelay vessel with top-tier payload capacity, tentatively named Lay Vessel 108 (“LV108”).

National Ocean Industries Association (NOIA) President Randall Luthi issued the following statement regarding a letter from the OCS Governors Coalition to President Obama, airing concerns with the Proposed Final OCS Leasing Plan for 2012-2017:

Offshore oil and gas operators in the Gulf of Mexico continue to restore production following Hurricane Isaac. The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team will continue to work with offshore operators and other state and federal agencies until operations return to normal.

South Carolina Gov. Nikki Haley, U.S. Senator Lindsey Graham, and Third District Congressman Jeff Duncan have all spoken out in support of legislation which will open the South Carolina coast to oil and gas drilling.

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