Single Point Anchor Reservoir (SPAR) Global Market During The Forecast Period 2017 - 2020

ResearchMoz presents this most up-to-date research on "Single Point Anchor Reservoir (SPAR) Global Market During The Forecast Period 2017 - 2020".

SPAR is a type of floating oil platform which is generally used to carry out offshore drilling activities in ultra deep water regions. It is a vertical floating platform which is moored by a semi-taut mooring system. A SPAR platform comprises of a large diameter and a single vertical cylinder that supports the deck. The cylinder is filled with a material which is denser than water and lowers the centre of gravity of the platform and provides stability. The cylinder is normally located at the bottom of a chamber. They are anchored to the sea bed by way of the spread mooring system through a chain wire or by a chain polyester composition.

SPARs are segmented on the basis of their types such as cell spar, classic spar and the truss spar. Cell spar comprises of a large central cylinder which is surrounded by small cylinders of various lengths. At the bottom of the long cylinders is the soft tank that contains the heavy ballasting material which is almost same as that of a truss spar.

Presently, only one cell spar is in operation worldwide. Truss spar contains a short cylindrical hard tank in comparison with a classic spar and has a truss structure connected at the bottom of hard tank. At the bottom of the truss structure lays a relatively small square shaped soft tank that contains the heavy ballasting material. Majorly, truss spars are generally used to carry out offshore drilling activities of this type. The classic spar comprises of the cylindrical hull with the heavy ballast at the bottom of the cylinder.

Some of the key players in the business of SPARs are Hyundai Heavy Industries, Samsung Heavy Industries Co.Ltd, Teekay Corporation, SBM Offshore N.V, Mitsubishi Heavy Industries, Technip S.A and Bumi Armada Berhad among others.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World

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