Page 8: of Marine Technology Magazine (April 2016)

Editorial

Gregory R. Trauthwein

Associate Publisher & Editor

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Image: DOE Wave Energy Prize/Waveswing America www.marinetechnologynews.com

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Tel: (212) 477-6700; Fax: (212) 254-6271 hen I was ? nally able to lift my head from the March 2016 “OI” edi-

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Tel: (561) 732-4368; Fax: (561) 732-6984 at a glance, an uplifting feeling in sizing up our “Offshore Annual.” As readers of this magazine surely know, the current slog through historic

PUBLISHER

Wprolonged depressed energy pricing is having a substantial material

John C. O’Malley effect on the business of discovery and recovery of oil and gas offshore. That said, there is [email protected] always a silver lining, and as we see it: Energy will rebound; how fast and how far is any- one’s best guess, but rest assured the need for oil and gas globally will be a viable business

Associate Publisher & Editor

Gregory R. Trauthwein for generation; & the Subsea Industry, as a whole, will continue to grow in importance.

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Two reports in this edition speak to the former, as starting on page 26 the latest analysis of the Floating Production Systems Market from Jim McCaul and IMA/World Energy

Web Editor

Reports. This is a very speci? c but unique niche, and McCaul has covered it closely for

Eric Haun [email protected] more than 20 years. This excerpt of his latest report comes with full projections on what to expect in the coming ? ve years.

Contributing Editors

The second report takes a different angle, speci? cally on the booming offshore decom-

Capt. Edward Lundquist, USN (Ret.) missioning market through 2040 (starting on page 30). From Ben Wilby of Douglas-West-

Claudio Paschoa, Brazil

William Stoichevski, Norway wood, this provides explicit detail on when and where this market will be hottest in the

Production Manager coming generation.

Irina Vasilets

In analyzing trends in recovering energy offshore, it would be remiss to dismiss develop- [email protected] ments in the renewable sector. Despite low oil and gas prices, the renewable sector contin-

Production & Graphic Design ues to draw investment and interest, as ever-tightening environmental regulation continue

Nicole Ventimiglia [email protected] to buoy the prospects of Wind, Wave and Tidal power. This month we take an in-depth look at the $2m Wave Energy Prize from the U.S. Department of Energy, with insights on

Corporate Staff the 11 ? nalist still alive, re? ning advance energy capture systems and vying for the top

Manager, Marketing

Mark O’Malley prize, to be awarded in November. This story starts on page 36.

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Accounting

Esther Rothenberger [email protected]

Manager, Information Technology Services

Vladimir Bibik [email protected]

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April 2016 8

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