OIL AND GAS SEMI-SUBMERGED RIGS
A drilling rig without any heave (vertical) movement from waves may be taut moored using fiber ropes. The list of benefits with this new technology is long.
For drilling operations, you don't need a sub-sea BOP. A smaller and lighter dry BOP placed on-board the rig saves time and money. A simpler mooring system that is faster and cheaper to lay out. No need for heave compensation equipment that are heavy and costs a lot of money. No need for slip-joint and marine riser.
For work-over rigs that perform light or heavy interventions the benefits are many. In rough sea areas you may extend the operational window from today being 3-4 months of the year to a year round operation. That alone represents enormous savings for the oil company as well as the contractor. The safety of the rig will also be increased when helicopters may land in any type of weather condition due to the fact that the rig is not moving.
For a Dynamically Position semi-submersible rig with no mooring we have a special system built into the rig that allows the Dynamically Position rig not only to be horizontally kept in place, but also be vertically kept in place due to the Heave Neutralization system. This will be very beneficial for deep water drilling and interventions. As the rig will be kept in place in a 3D perspective. This has never been done before.
Floating cities can solve space shortages and climate crises. Such cities are now planned in several locations around the world. The "zero heave" technology means cities are as stable as on land since there are no vertical movements. The city is anchored with fiber rope and becomes completely rigid in the horizontal direction.
EXTRACTION OF SEABED MINERALS
The extraction of minerals from the seabed is a tremendous future opportunity. Large areas of the seabed have not yet been mapped, and there is now a lack of many minerals that have previously been found with traditional mining. Large amounts of cobalt, copper, manganese, silver, gold and zinc are found under the seabed. A stable and completely rigid platform is needed to extract these valuable minerals.