Oct 23 2007
Versabuoy International announces a new deepwater platform system that could change the way the world uses deepwater. The key to the new platform system is the articulating spars. The length of the spar keeps heave to a minimum while the articulating joint absorbs wave energy keeping the platform level. This innovation brings deepwater land mass creation closer to fruition.
Model tests for the platform have proven that the Versabuoy System is 5 to 10 times more stable in harsh marine environments such as hurricanes, typhoons and rogue waves.
"This could change the way the world uses deepwater," says Versabuoy CEO Steve Khachaturian. Creating man made islands and portable land masses is something that has never before been possible. Versabuoy's new platform design offers the first proof that it is actually feasible. Now the company wants people to look forward to what is possible with 71% of the earth, much of it in deepwater.
Khachaturian adds, "It's possible to create not only a more stable platform for the oil and gas industry, but because we can connect our platforms together, you can create floating, moveable land masses like floating airports, renewable energy platforms for wind turbines or hydrogen production, private islands, floating casinos, floating prisons, oil refineries, offshore ports and even mobile offshore real estate! And because of fabrication and deployment strategies, we believe our platforms will cost roughly half that of the oil and gas platforms."