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A s this edition was going to press the Obama

Administration announced the lifting of its contro- versial deepwater and natural gas drilling moratori- um, though it is widely expected to take several additional weeks to get back to business as usual. While the lifting of the moratorium comes about six weeks earlier than expect- ed — perhaps coincidentally in step with mid-term elections in the U.S. — there are still many questions as to the breadth and depth that the

Deepwater Horizon spill will have on the business of offshore energy discovery and recovery, this generation and next.

I am pleased to welcome to this edition of MTR the insights of Jonathan K.

Waldron of Blank Rome LLP. Waldron is a long-time contributor to MTR sister- publication Maritime Reporter & Engineering News, and starting on page 24 he deliv- ers thoughts on “What’s Next” in the aftermath of the worst oil spill in the history of the U.S.

The only certainties are that change is imminent and that our business, the busi- ness of working more safely, efficiently and cost-effectively under the water — some- times very deep under the water — will be called on increasingly to deliver the tech- nologies and techniques to ensure that the chance for a repeat of the Deepwater

Horizon is mitigated as much as possible. Having just returned from a successful

Oceans conference and exhibition in Seattle, and having the opportunity to chat on the sidelines with a number of colleagues from the oil majors, it is a safe bet to assume that no one wants to see their uncontrollable oil well spewing 24/7 on major media outlet’s web portals.

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To subscribe please visit www.seadiscovery.com/subscribe editorial (Photo Cr edits: CodaOctopus Pr oducts Ltd. ) 6 MTR October 2010