There is provided a buoyancy system for a structure having at least one component being substantially stationary with respect to the bottom of a water covered area. The system comprises a set of buoyancy modules of engineered materials to apply an identified amount of buoyancy. The set of buoyancy modules is attached to the structure at a set of buoyancy load transfer locations. The set of buoyancy modules comprises layers of the engineered materials. The engineered materials comprise a substantially reinforced axial layer, a substantially reinforced hoop layer; and a leak prevention layer.