Offshore

Petrobras has begun production in the Cascade Field through the Cascade 4 well, which is connected to the FPSO BW Pioneer (a Floating, Production, Storage and Offloading vessel platform), located 160 miles off the coast of Louisiana in 2,500 meters of water in the U.S. Gulf of Mexico.

Det Norske Veritas (DNV) has developed a new deepwater gas pipeline concept that is designed to “significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integrity regime.”

A subsidiary of McDermott International, Inc. won an engineering, procurement, construction and installation (EPCI) project for Al-Khafji Joint Operations (KJO), in the Hout field, in Saudi Arabia in 31 meters of water.

OTC 2012 – the world's foremost event for the development of offshore resources in the fields of drilling, exploration, production and environmental protection – will be held April 30- May 3 at Reliant Park in Houston. Last year’s attendance topped 78,000 and officials expect similar attendance this year.

CRC-Evans Pipeline International, Inc. announced a new strategic agreement between its Offshore division and Technip Norway.

Latin America will account for half of the projected floating production Capex over the next five years according to a Douglas-Westwood report.

The UK-headquartered oil and gas environmental waste management company TWMA won a contract from Maersk Oil to handle and dispose of subsea structures and equipment damage when storms in the UK North Sea caused the Gryphon FPSO to move off station in February.

Port Arthur, TX parks will soon get upgrades as part of a settlement the General Land Office has reached over the Eagle Otomes spill, which put nearly 397,000 gallons of crude into the Port Arthur Ship Channel.

Petrobras announced a new oil discovery in the extreme southwestern part of the Walker Ridge concession area, located in the U.S. Gulf ultra-deep waters.

T.D. Williamson Inc. recently completed the first-ever subsea STOPPLE® Train isolation.

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