Since sharks lack a swim bladder, they use oil in their livers to regulate their buoyancy. Deep-sea sharks, those living below 300 meters, have huge livers with more oil to adjust to these depths. As a result, they are caught by deep-sea trawls, gillnetts and longlines for an oily substance found in their livers called squalene. Squalene, or its derivative squalane, is found in many cosmetic products.