The tragic explosion and loss of Transocean's Deepwater Horizon last week, and subsequent efforts to use ROVs to help stop the outflow of oil from the well, which is situated more than 5,000 feet below the surface, serve as an unwelcome wake-up call regarding the inherent challenges and dangers that walk hand-in-hand with the advent of deepwater oil and gas drilling.
Corporate giant pledges nearly half a billion to further develop Offshore Wind Power
Offshore wind energy business is projected to grow mightily to 2013
The marine salvage business is potentially a big opportunity for subsea technology companies.