Global Report on Single Point Anchor Reservoir (SPAR) Market
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...
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