Shear Power Services, Inc. is looking for a joint venture partner currently servicing the offshore decommissioning industry in the Gulf of Mexico. The hydraulic shearing technology developed by James Todack – Shear Power Services, Inc.’s president –was developed to cold cut offshore pipelines and abandoned oil platform structures. The Shear Power technology is one of the safest, fastest, and most cost effective hydraulic cutting technologies available to the offshore decommissioning service contractor. The ability to sever multi-string grouted casing, conductors, bracing, and structural supports in minutes means less time on and below the water.
Most of the available cutting technologies being deployed in the offshore abandonment market today are labor intensive and relatively slow. High Pressure Water Jetting, Diamond Wire Saws, and Guillotine style hacksaw cutters require attachment prior to making the cut. Installation and cutting times vary between these technologies but none of these cutting methods and tool packages can compete with the Shear Power technology in installation time and cutting speed. James Todack is offering a long-term exclusive license for the Shear Power hydraulic shearing technology for deployment in the Gulf of Mexico. The exclusive license includes an option to acquire the patent rights. Contact us today or review the Shear Power product at their website: http://www.shearpowerservices.com.
