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On theCoverWhile the offhsore environment presents some of the most try-ing work conditions, itsimultaneously pres- ents some of the mostlucrative rewards. (Photo courtesy BMTArgoss) 2MTRApril 2012 April 2012contentsMarine Technology Reporter? Volume 55 ? Number 3 (Photo: Greg Trauthwein) 14Profile Hooking Up UnderwaterCEO Geir Egil Østebøvik discusses Imencos success. ? by Greg Trauthwein 24LegalOffshore Innovation Technologys role in injecting life into the UK Continental Shelf. ? by Martin Ewan 26MarketOffshore Deepwater: $232B to 2016 Douglas-Westwood forecasts a deepwater Capex of $232B. ? by Jennifer Harbour30NavyThe Quietest Surface Ship in the World The 25-year-old NATO Research Vesssel Alliance. ? by Ned Lundquist42RegionFrom Europe to Canada European group visits Atlantic Canada to build relationships. ? by Andrew Safer 46RegionBergen Subsea Tech ... Part IIBergen, Norway is home to a tremendous subsea tech cluster. ? by Clare McIntyre 36Environmental Monitoring 46Bergen Subsea Tech 54People & Company News 56New Products