Abstract: A method and apparatus for varying the buoyancy of a floating structure are provided. The method can include securing a plurality of floatation modules to at least a portion of the floating structure at various locations thereabout, while the floating structure is at sea such that the operational flexibility of the floating structure is modified.

Abstract: A submersible process environment for sub-sea processing is provided. Such environment can include a modular encapsulated unit having an interior volume and one or more processing units disposed therein, a first valve in fluid communication with the interior and exterior of the unit, and a second valve in fluid communication with the interior and exterior of the unit. The first valve and the second valve can be in fluid communication with the processing unit, and the processing unit can receive a fluid from the first valve and discharges the fluid to the second valve.

Abstract: A method and apparatus for conducting simultaneous drilling and production are provided. The apparatus can include a ship shape floating vessel, wherein the ship shape floating vessel includes at least two drilling derricks, at least two drilling modules, and at least one production module, all situated on the upper surface of the ship shape floating vessel. The drilling modules are adapted for conducting drilling operations; the production module is adapted for conducting production operations. The apparatus can include at least two marine risers, wherein each marine riser depends from a drilling or production module toward a hydrocarbon bearing zone or sea floor and is adapted for conducting drilling and/or production operations; at least one production turret located on the lower surface of the ship shape floating vessel; and at least one production riser, wherein the production riser depends from the production turret, extends toward the sea floor, and is adapted for conducting production operations.

Abstract: A method and apparatus for conducting simultaneous drilling and production are provided. The apparatus can include a ship shape floating vessel, wherein the ship shape floating vessel includes at least two drilling derricks, at least two drilling modules, and at least one production module, all situated on the upper surface of the ship shape floating vessel. The drilling modules are adapted for conducting drilling operations; the production module is adapted for conducting production operations. The apparatus can include at least two marine risers, wherein each marine riser depends from a drilling or production module toward a hydrocarbon bearing zone or sea floor and is adapted for conducting drilling and/or production operations; at least one production turret located on the lower surface of the ship shape floating vessel; and at least one production riser, wherein the production riser depends from the production turret, extends toward the sea floor, and is adapted for conducting production operations.

Abstract: A submersible process environment for sub-sea processing is provided. Such environment can include a modular encapsulated unit having an interior volume and one or more processing units disposed therein, a first valve in fluid communication with the interior and exterior of the unit, and a second valve in fluid communication with the interior and exterior of the unit. The first valve and the second valve can be in fluid communication with the processing unit, and the processing unit can receive a fluid from the first valve and discharges the fluid to the second valve.

Abstract: A method and apparatus for varying the buoyancy of a floating structure are provided. The method can include securing a plurality of floatation modules to at least a portion of the floating structure at various locations thereabout, while the floating structure is at sea such that the operational flexibility of the floating structure is modified.