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L ast month I had the honor to attend a dinner at the residence of U.S. Navy Chief of Naval Operations

Admiral Gary Roughead to engage in a discussion regarding Unmanned Underwater Systems, their application and future with the U.S. Navy. While the discussion among the 15 gathered industry leaders and senior Flag Officers was not fodder for publication, per se, it set my mind towards future applications of subsea technology in the military, commercial and scientific spaces.

As any reader of this magazine should know, the U.S. mil- itary — and in fact militaries worldwide — are a prime source of funding and cre- ative driver of subsea technology. Based on the dinner and discussion, I am quite cer- tain the level of interest in underwater technologies from a military perspective will advance even more rapidly in the months and years to come. More on that in future editions.

On the commercial side, the explosion and loss of Deepwater Horizon and subse- quent oil spill in the Gulf of Mexico will have an equally significant impact on our industry, as new rules and regulations enter force on just where, when, and more importantly ‘how’ oil companies go about the business of discovering and recovering natural resources in increasingly deep, hostile waters.

The Deepwater Horizon event will be debated for years and remembered for gen- erations, as the name itself – much like the Exxon Valdez and the global advent of double hull tankers – will become forever linked to new regulations and procedures in the production of oil and gas in the offshore environment, and the new and improved technologies that will certainly emerge to enable future accidents to be dealt with more expediently.

With that we offer the 5th Annual MTR100, our annual review and report on 100 leading companies in the subsea space. If the past four editions of the MTR100 is any indication, very shortly I expect to be inundated with comment and debate — which I sincerely welcome — on which com- panies are included (or not included).

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