As the industry gears up for its biggest event of the year, operators, contractors, and vendors are looking forward to the growing development opportunities in the offshore market.

LLOG Exploration Co. has ordered $30-million in subsea equipment from FMC Technologies (NYSE:FTI) for Who Dat field.

Oil production in the federal Gulf of Mexico waters grew 6% last year, according to a new report issued by the US Energy Information Administration.

Marubeni Corp. has agreed to acquire 49% interest in Williams Partners' (NYSE:WPZ) first Gulfstar FPS project.

This week at the Topsides, Platforms & Hulls Conference & Exhibition in Galveston, Texas, Bluebeam Software is exhibiting its Revu solution for digitizing communications between offshore and onshore teams.

Talk in Washington for the last month has swirled around the fiscal cliff, sequestration, tax rates, and the stare down between the White House and the House of Representatives.

Leistritz Corp. has contracts to design, construct, and commission 11 Leistritz Multi-phase Production Systems.

There are reports of an explosion on a production platform in the Gulf of Mexico.

Petrobras America Inc. has signed a $1.4-million contract for Flexlife to provide independent assessment services at Cascade/Chinook in the US Gulf of Mexico.