Page 4: of Marine Technology Magazine (July 2008)

www.seadiscovery.com

NEW YORK 118 E. 25th St., New York, NY 10010

Tel: (212) 477-6700; Fax: (212) 254-6271

FLORIDA 215 NW 3rd St., Boynton Beach, FL 33435

Tel: (561) 732-4368; Fax: (561) 732-6984

PUBLISHER

John C. O'Malley [email protected]

Associate Publisher & Editor

Gregory R. Trauthwein [email protected]

Contributing Editors

Capt. Edward Lundquist, USN (Ret.) • Steve Withrow

Production Manager

Irina Tabakina [email protected]

Sales Administration Manager

Tina Veselov [email protected]

Marketing Administration

Kami Accursio [email protected]

Manager, Accounting Services

Esther Rothenberger [email protected]

Manager, Public Relations

Mark O’Malley [email protected]

Manager, Information Technology Services

Vladimir Bibik [email protected]

CIRCULATION

Kathleen Hickey [email protected]

ADVERTISING

Vice President, Sales and Marketing

Rob Howard [email protected]

Tel: (561) 732-4368 Fax: (561) 732-6984

Advertising Sales Manager

Lucia M. Annunziata [email protected]

Tel: (212) 477-6700 Fax: (212) 254-6271

Scandinavia

Roland Persson [email protected]

ÖRN MARKETING AB, Box 184, S-271 24 Ystad, Sweden

Tel: +46 411-184 00 Fax: +46 411 105 31

Japan

Katsuhiro Ishii [email protected]

Ace Media Service Inc., 12-6, 4-chome, Nishiike, Adachi-ku,

Tokyo 121, Japan,

Tel: +81 3 5691 3335 Fax: + 81 3 5691 3336

T he Third Annual MTR100, presented here in our Yearbook edition, has become a valuable exercise in assessing the overall direction and health of the subsea industry. The direction and health of this industry today can be summarized in a simple phrase: “Oil & Gas.”

While academia and defense remain strong pillars, a near perfect storm has formed in regards to subsea tech- nology and the hunt for offshore O&G. Record demand and prices for oil and gas globally; a strong orderbook for technologically advanced ships and boats to drill for and service this expanding industry; political pressure and renewed supprt in the U.S. to expand offshore O&G zones for drilling; and ever- improving technology which makes the discovery and recovery of subsea assets more cost-efficient: All have conspired to induce the most balance-minded executives to put all of their proverbial eggs into the mushrooming oil and gas basket.

The 2008 MTR100 is filled with a diversity of subsea market players, but this year the flavor is decidedly O&G, with insights from not only the devel- opers of subsea technology serving this market, but also some of the biggest names in the deployment of this technology to feed the world O&G need.

Subscription: To subscribe please visit www.seadiscovery.com/subscribe

All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means mechanical, photocopying, recording or otherwise without the prior written permission of the publishers.

Marine Technology Reporter is published monthly except for

February, August, and December by New Wave Media, 118 E. 25th

St., New York, NY 10010-2915.

Periodicals Postage at New York,

NY and additional mailing offices.

POSTMASTER: Send address changes to MARINE TECHNOLOGY

REPORTER, 118 E. 25th St., New

York, NY 10010-2915.

Postmaster send notification (Form 3579) regarding undeliverable magazines to Marine

Technology Reporter, 118 East 25th Street, New York, NY 10010.

Publishers are not responsible for the safekeeping or return of editorial material. ©2008 New

Wave Media. 118 East 25th Street,

New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271

Vol. 51 No. 6

ISSN 1559-7415

USPS# 023-276 www.seadiscovery.com

Member

Business Publications

Audit of Circulation, Inc.

Gregory R. Trauthwein • [email protected] tel: 212-477-6700

MTR#6 (1-16).qxd 7/18/2008 10:03 AM Page 6