OTEC

OTEC (Ocean Technology & Energy Corporation) is an American maritime technology corporation that specialized in the underwater shipping and technology services around the Pacific Rim. After IHAG filed for bankruptcy in 2012, OTEC began preparations to buy out the corporation. This later resulted in a conflict with CINO, which then escalated into the Fourth Corporate War. OTEC later hired Militech, a local security force, to fight the war for them against Arasaka, which was CINO's proxy.

Name and Location of Major Shareholder
Amanda Russell, AquaDelphi One, retaining 22% of all shares.

History
They began as a group of at-sea oil drilling companies that were bought out by billionaire Damon Russell with the intent that at-sea colonization would start with the ownership of the ocean's vast energy resources.

As early as 1993 Russell began aquaculture and nautitech on an immense scale and introduced processed krill to the diet of millions worldwide. His attempts at genetically engineering sea plant and animal life resulted in the creation of new foods and other organic products for consumption. Their greatest creation is the floating synthetic plastic known as Crypropalan. Made from the remains of genetically engineered microfauna, it is what many of the floating cities rest on. Strong, incredibly bouyant, light, and derived from a renewable natural source, it was a breakthrough in construction science.

In 1996 Russell's scientists perfected their tidal energy converters and thermal varience converters and began beaming energy from purchased old "Star Wars" laser satellites from the financially-strapped US to the power-hungry masses in major cities of the world. Damon Russell was killed in an extraction attempt in 2006, when Sean Lowell, head of Unified Ocean Sciences (UOS), OTEC's largest rival, attempted a hostile takeover. Amanda Russell, Damon's wife, has run the company since his death and has expanded OTEC's earnings by thirty percent in seven years.

Since then OTEC. has been the undisputed leader in ocean technological advances and continues to rule the seas. They have been under media assault in recent years due to the fact that they have attempted to nationalize their floating islands and stations. This would give them more claim to the surrounding resources than they already have.

The corporation has, however, been a significant source of food, plastics, petroleum products, liquid hydrogen production, stress science technology (which gets used in space exploration as well as underwater colonization), genetic engineering, and motion energy sciences. Space exploration and colonization is their next field of endeavor and they are currently seeking an energy source with greater energy return per pound than fusion.

Background
OTEC is an extremely large multinational megacorporation that has been in existence for over 35 years.

Relatively benign, less so since Amanda Russell and her current board of directors have been in office.

Not ruthless unless forced to be, they are content to make a profit and continue on like their founder desired; to benefit mankind. Information is what makes them powerful. They have strong ties with think tanks such as InfoComp and the Information Treasury, as well as Orbital Air, who makes use of their liquid hydrogen for rockets and Low Earth Orbit (LEO) vehicles.

They use little outside help, thus preventing as much espionage as possible. They have a poor opinion of the security measures of Arasaka, as they were the corporation used when Damon Russell was killed. It was believed that an inside man made it possible. They do not forget favors and do not forgive insult.

As far as corporate policy goes, they attempt to woo scientists with the freedom and financial largess which is theirs to offer. Important scientists are allowed and encouraged to experiment, given the best care, facilities and protection money can buy. The best. Extract from OTEC at your peril.

Equipment & Resources
Dispersed among the floating cities are : over 100 small ocean transports, 30 large ocean transports, 30 AV-4 s, 30 submersible Vehicles-2 (Transport), 15 submersible air vehicles (at sea/air combat), 5 SEV-1 (Surface Effect Vehicles, top secret stealth attack craft), 30 attack helicopters, 10 transport helicopters, and other non-military transport vehicles.

130 shoreline oil rigs, 13 tidal flux converter stations, 12 thermal variance stations, 3 underwater metal extraction stations, 4 deep sea oil rigs, 8 genetic engineering laboratories, 2 nuclear reactors, 1 fusion reactor, 2 orbital stations in Low Earth Orbit, 1 solar/microwave converter beaming station, 1 satellite stations in LaGrange orbit.