WorldOil Peterson, Port Cameron partner to develop deepwater staging port in Louisiana Leading international energy logistics provider Peterson has signed a teaming partnership agreement with Port Cameron LLC, to develop a state-of-the-art port and supply base facility in the Gulf of Mexico. Peterson will provide logistics consultancy services to support the planning and initial development of Port Cameron, a 500-acre deepwater staging port situated in Cameron, Louisiana, serving the Gulf of Mexico. Westwood highlights exploration hits, misses of 2017 A new report from Westwood Global Energy Group, the energy market research consultancy, has highlighted 10 potentially commercial discoveries in 2017 considered likely to be more than 100 MMboe. Borr Drilling goes from empty-handed to the largest jackup driller in just 16 months Borr Drilling announced its intention to acquire Paragon Offshore after inking a binding tender agreement to purchase all outstanding shares for $232.5 million. With the acquisition, Borr gets their hands onto 31 jackups and one semisubmersible unit. GE, Noble Corp. launch world's first digital drilling vessel Following the partnership formed by GE and Noble Corporation plc, the two companies launched the world’s first digital drilling vessel, targeted to achieve 20% operational expenditure reduction across the targeted equipment and improve drilling efficiency. Abrado Wellbore Services awarded multi-string section milling PandA project in Trinidad Abrado announced today that it has been awarded a multi-million-dollar dual-string section milling plug and abandonment project in Trinidad utilizing its proprietary Medusa cutting technology. MCEDD ‘18: Conference program features 35 global deepwater companies ENI, host of Marine Construction Engineering Deepwater Development (MCEDD) 2018, will support an expanded technical program at this year’s conference, one of the world’s premier deepwater events. Offshore oil recovery beginning in world's harshest environments Explorers are once again testing the waters in their search for oil, according to Transocean Ltd., the world’s biggest offshore rig contractor by market value. Abrado completes rig-less, dual-string section-milling PandA job in GOM Abrado announced today that it has completed the first well in a multi-well PandA campaign for an independent GOM operator, using its proprietary Medusa expandable casing section-milling technology. Interior sets date for largest oil, gas lease sale in U.S. history In support of President Donald J. Trump's ‘America-First Offshore Energy Strategy,’ Deputy Secretary of the Interior David Bernhardt announced that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development. Noble Energy exits Gulf of Mexico with $710-million sale of assets Noble Energy, Inc., has announced that its board of directors has authorized a $750-million share repurchase program. In addition, the Company has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy LLC for a total value of $710 million.