The Buoy

About ABTechnology

ABTechnology (ABT) has been established to develop solutions using buoy technology that will provide cost efficiencies to clients when compared to other, more conventionally used technologies, particularly in the offshore energy sector. Due to their versatile nature buoys can generate significant capital and operational cost savings over traditional offshore structures such as vessels, semi-submersibles and fixed platforms. This means that they can significantly improve the returns of a project, whether they are used independently or as part of a larger project. Such cost savings can radically change the economics of project models, meaning that assets that were classed as uneconomic when considered using conventional technologies can be brought into economic viability.

The concept is fundamentally a buoy structure with an access tower. The buoy is submersible with the tower above the surface which provides excellent stability, eliminates damage due to wave action and requires minimal mooring. There are several applications of the concept.