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On the eve of the Offshore Technology Conference (OTC 2006) in Houston, strong growth in the offshore oil and gas business continues to deliver solid business opportunities for nearly all sectors of the undersea technology business. Quite simply, the trend toward the discovery and recovery of resources in increasingly deep waters is driving not only business prospects, but technical capability as well. Companies working in deeper waters need not only the capability to go deeper, but are seeking systems and technologies that are proven to be effi- cient and robust. According to a recent study by International Maritime Associates, the demand for floating production systems is growing rapidly, with 179 floating production systems in operation and another 46 on order. This segment of the offshore business has grown 203% in the last 10 years alone, and prospects are good that the trend will continue. See the story on page 26. Greg Trauthwein Associate Publisher & Editor • trauthwein@marinelink.com 4 MTR April 2006 editorial Your Marine Technology One-Stop-Shop www.seadiscovery.com Log on everyday and receive: • Daily News Exclusive Product & Technology Reports New Job Listings Or, join thousands of your colleagues and sign up for our weekly NEWS & JOB Updates via E-mail. It’s Fast ... and FREE! Subscription: To subscribe please visit www.seadiscovery.com/subscribe Alan C. McClure Associates ...................................51 Alaska Volcano Observatory...................................10 Amerada Hess ......................................................33 Anadarko Petroleum Corp......................................17 AT&T Submarine Systems......................................22 Atlas Hydrographic................................................54 AXYS....................................................................50 BAE Systems ..........................................................6 Benthos................................................................46 BHP Billiton...........................................................17 Bock Associates .....................................................8 BP........................................................................48 British Royal Navy .................................................54 C&C Technologies .................................................50 Cal Dive International.............................................48 Canyon Offshore .............................................47, 49 Caprock Communications ......................................34 Caris ....................................................................52 Chesapeake Technology .......................................53 Chevron/Unocal ....................................................17 Chevron Technology Ventures.................................47 Chris Oynes ..........................................................19 Chris Tarmey ..................................................32, 49 C-MAX ..................................................................54 Coastal and Marine Science Center ........................10 Coda Octopus.......................................................57 Cummins ..............................................................14 David Barczak.......................................................18 David Myers..........................................................34 Deep Marine Technology..........................................8 Deirdre Smith..........................................................9 Devon Energy Corp. ..............................................33 DNT Offshore........................................................48 Doug Ottens .........................................................51 Dr. Uri ten Brink ....................................................11 EdgeTech .............................................................55 Epic Divers & Marine .............................................50 Faro Technologies .................................................52 Foxtrot Intl. ...........................................................33 Frank Basil............................................................14 Frank Cuccio.........................................................20 General Acoustics .................................................55 GeoCable..............................................................53 GeoConsult...........................................................33 Geophysical Instruments........................................44 Global Marine Systesm Limited ..............................52 Globalstar.............................................................34 Hamilton Brothers .................................................26 Harry Maxfield.......................................................44 Harry Weiler..........................................................50 Huisman ...............................................................16 Hydrovision...........................................................33 Industrial Audio/Video Inc.........................................8 INMARSAT.............................................................34 Innomar Technologie..............................................55 International Maritime Associates ...........................26 Iridium .............................................................7, 34 IXSEA ...................................................................55 Jason Reid............................................................57 Jeremy Herndon......................................................8 Josiah Goetz.........................................................11 Julie Rodriquez......................................................50 Ken Wright............................................................48 Keppel Shipyard....................................................27 Kongsberg Maritime ........................................50, 56 L.J. Rivet ..............................................................50 Larry Langebrake..................................................57 MacArtney ............................................................53 MARIMATECH........................................................56 Marine Sonic Technology .......................................53 Marine Technology Society.....................................42 MATE Center.........................................................42 Merwede Shipyard.................................................16 Minerals Management Service.....................17,18, 19 Mitsubishi Heavy Industries ....................................38 National Science Foundation ..................................44 NAVOCEANO...................................................50, 54 Nippon Kaiyo ........................................................50 NOAA .............................................................44, 51 Norm Robertson ...................................................30 Nordhoek..............................................................50 Ocean U.S. ...........................................................42 ONR ................................................................44,51 Oregon State University .........................................56 ORION Program ....................................................42 Peak Petroleum Industries......................................33 Peter Worcester....................................................51 Petrobas...............................................................26 PetroCom .............................................................48 Phoenix Intl...............................................31, 49, 52 QinetiQ .................................................................47 Rapp Mareq ..........................................................48 Richard Adams Sr. ................................................14 Scripps Institution of Oceanography .......................51 Schilling Robotics......................................33, 49, 52 Schilling Sub-Atlantic Alliance .................................30 Seaeye Marine......................................6, 32, 48, 50 Shell.....................................................................27 Sonavision ............................................................56 Stingray Geophysical .............................................47 Subsea 7........................................................16, 32 Supreme Services.................................................14 Talisman Expro Ltd................................................33 Teledyne RDI.............................................44, 49, 51 Telenor .................................................................48 Tetra Technologies ................................................50 Texas Instruments .................................................49 Tim Janaitis ..........................................................31 Transocean...........................................................17 Tyco Telecommunications ................................20, 50 United States Coast Guard.....................................10 United States Geological Survey.............................10 University of South Florida .....................................57 VT Halter ..............................................................48 Werum Software & Systems...................................53 William Kikendall..............................................44, 49 Woods Hole Oceanographic Institute ................10, 44 Zander Technologies ...............................................8 Editorial Index Companies & People with editorial mention in this edition 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. ©2006 New Wave Media. 118 East 25th Street, New York, NY 10010 tel: (212) 477-6700; fax: (212) 254-6271 Vol. 49 No. 4 ISSN 1559-7415 USPS# 023-276 www.seadiscovery.com Member Business Publications Audit of Circulation, Inc. 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