Real Estate News

(Photo: Jonathan Banks, courtesy Microsoft)

Most Data Lives in the Cloud. What if it Lived Under the Sea?

. In search of cost savings, greater sustainability and better service, data center providers are looking to get their feet wet.Tech giant Microsoft and other companies want to relocate data centres into the world’s oceans, submerging computers and networking equipment to take advantage of cheap real estate and cool waters. Is this a good thing? What about the environmental impact? Are we simply replacing one damaging practice with another?Which companies are doing this?Microsoft’s Project Natick has been pursuing the idea of data centers beneath the waves since 2014. The initial premise was

A large robot, loaded with sensors and cameras, designed to explore the ocean twilight zone. Marine Imaging Technologies, LLC © Woods Hole Oceanographic Institution

The Ocean Could Store Vast Amounts of Captured Carbon – But We Need Deep Ocean Sensors to Track the Effects

specializes in mooring design. Another is building chemical sensors and physical sensors that measure ocean properties and environmental DNA.This summer, 2023, an experiment in the North Atlantic called the Ocean Twilight Zone Project will image the larger functioning of the ocean over a big piece of real estate at the scale at which ocean processes actually work.We’ll have acoustic transceivers that can create a 4D image over time of these dark, hidden regions, along with gliders, new sensors we call “minions” that will be looking at ocean carbon flow, nutrients and oxygen changes.

Meet SHADOWLARK: The $10M Personal Vessel Plus Submarine Package

of 1.5. -m, SHADOWLARK includes a dive center, lounge, galley, bar and storage over three decks. “I think the challenge with this, and the reason we've done a completely custom design, is because we need to be able to safely store and launch the submarine, and that takes up a lot of the real estate of the boat,” said Dan Mace, technical manager Incat Crowther. “We don't want that to dominate the whole boat. Everything has to be really space-efficient so that you can have a lounge off the aft deck for when you come back in, a galley, a mess, accommodations, and you might

Credit: Forum Energy Technologies - File photo

Forum Energy Technologies Names New Board Director

served as Non-Executive Chairman of Valaris plc, a publicly-traded offshore drilling contractor, and its predecessor, Ensco plc. Mr. Rowsey was formerly the Chief Executive Officer of Compatriot Capital, and a founder and the managing partner of E2M Partners, LLC, a sponsor and manager of private real estate equity funds. Rowsey continues to serve as Chairman of E2M. Mr. Rowsey is a graduate of Duke University and Southern Methodist University School of Law, and he is a citizen of the Cherokee Nation.Cris Gaut, Forum Energy Technologies's Chairman of the Board, said, “I am pleased to

Richard (Rick) W. Spinrad, Ph.D. Image courtesy NOAA

Richard W. Spinrad, Ph.D.: MTR's 2021 #1 Ocean Influencer

can do virtually real-time analyses of the DNA content in the ocean using a relatively small sensor package that sits on an underwater or an uncrewed underwater vehicle. And then onboard processing is the last part of that. The ability to power, collect data, transmit data can be done with a lot less real estate.If you had the best advice for young people thinking of pursuing a career in oceanography, what would that advice be?Well, the first bit of advice I have is go to sea. I worked for an admiral once who said, “Let’s make sure we don’t all turn into cubicle scientists or cubicle

Siemens testing its subsea power distribution system. Photo from Siemens.

Putting Power on the Seabed: Edging towards a Subsea Powerhouse

good fit for all-electric fields, including electric Xmas trees, he says, as that means you no longer need hydraulic cables and would have a more flexible power distribution architecture.“With the Subsea Power Distribution Station, you have a lower overall system cost as you have removed all the real estate modification constraints,” he says, highlighting that a power control module topside would mean adding 70-100 tonnes and the mechanical structure adjustments that comes with it.When that’s all subsea, you just need to hook up a power umbilical. “With that, we can start entertaining

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© zozulinskyi/AdobeStock

The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World

doing so.Many foreign companies have started to develop a U.S. presence or open a local office. Beyond the strategic considerations of where to open relative to where the work and the clients are located, such a decision of course also requires proper due diligence to ensure compliance with U.S. real estate, tax, employment, regulatory, immigration and environmental laws. Foreign wind energy companies also must ensure compliance with U.S. statutes and regulations, including U.S. anti-corruption laws, such as the Foreign Corrupt Practices Act, U.S. trade and investment sanctions, and anti-money laundering

NORBIT DCT – Hydrographic Survey Made Easy

client.What is DCT?The Data Collection Tool (DCT) - is a survey data acquisition utility, part of NORBIT’s offerings aimed to simplify the standard bathymetry survey operations. The general bathymetry grid is dis-played in a web browser allowing quick estimation of the coverage and data quality in real-time while running the survey.DCT can be operated with a simple touch screen of the navigation plotter, tablet, smartphone or PC by a single person. By reducing the amount of configuration required by the user the real-estate on the screen is maximized allowing for a clear, precise and easy way to

© ligados / Adobe Stock

Singapore's Offshore Industry Recovering

faces growing headwinds from a bitter U.S.-China trade dispute.Dwindling ContributionThe offshore and marine engineering industry's direct output contribution has more than halved since 2014 to about 1 percent of the city-state's economy, but its significance extends beyond manufacturing: real estate has been pressured as companies needed less office space and fewer workers needed housing. Well-paid engineers have stopped browsing the shopping malls.And executives doubt they can bring them all back."During this whole crisis ... we lost quite a lot of this talent to other industries, so

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