Hawaii Receives Funds for New Underwater Fiber Optic Cable (USA)

Hawaii Receives Funds for New Underwater Fiber Optic Cable (USA)

As reported by staradvertiser.com, Gov. Neil Abercrombie has released $52.5 million in funding for several projects, including an underwater fiber optic cable.

The Governor stated that these projects are “an investment in the future of Hawaii and our ability to be proactive in shaping our future as a state”.

About $2.2 million will go to the state Department of Business, Economic Development and Tourism for privately managed, shared open-access underwater fiber optic cable land stations.

Abercrombie added: “For a state as isolated as our own, high-speed Internet can be transformative, connecting families, businesses and institutions; spurring economic development and innovation; and giving current and future generations a competitive edge”.

The fiber optic cable will provide a universal access to affordable and high-speed Internet service by 2018.

Subsea World News Staff, August 26, 2012

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UTC 2017

The subsea industry has, as all other parts of the oil & gas industry, been seriously rattled by the most severe downturn in the hydrocarbon energy era. However, the realization of what hit us and actions to be taken to sustain a healthy and profitable future is still on-going – unfortunately with thousands of colleagues paying the price by losing their job as one of the most severe consequences. At this time, there are signs that we have reached bottom in terms of most industry indicators, but few experts expect a sharp recovery. Many seem to believe that a slow recovery is what the industry needs in order to avoid an unsustainable capacity build-up, as seen in the period after the financial crisis. Considering the uncertainty of what the future will bring, this year’s UTC Program Committee have decided to challenge all of us to present ideas, experiences, technological innovations, business models and execution models for how to shape our subsea future and explain how and why subsea is the future.
UTC welcomes abstracts based on the topics listed below. If selected, please consider writing a paper in addition to the UTC presentation. From 2017, UTC papers will be published in an international database.

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EIC Connect Oil & Gas UAE 2017

This one-day event, focusing on the oil and gas sector, will explore opportunities in the Middle East whilst recognising the challenges that…

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