Offshore oil drilling encloses the extraction of fossil fuels from the earth's crust under the ocean or seabed.
FREMONT, CA: As oil and gas requirements expand globally, countries nearby seas and oceans shift their focus from onshore drilling to offshore drilling to grow supply.
Offshore oil drilling encloses the extraction of fossil fuels from the earth's crust under the ocean or seabed. Since the ocean bed is abundant in oil wells, locating offshore oil reserves and establishing an oil rig on the water's surface can be frightening. Thus, it makes offshore drilling expensive.
Offshore/Deepwater Drilling:
Offshore drilling excerpts natural resources such as oil and gas from the oil reserves under the ocean bed. Oil rigs are built on the water surface to carry the equipment and many workers. These rigs contain tools for drilling oil wells on the seabed. They can reduce and raise drill pipes from the ocean bed during drilling.
Advantages of Offshore Drilling Rigs:
The following are the advantages of offshore oil drilling.
• Advances in Oil Production: Oil production has grown to sustain the rising demand since offshore drilling technology was developed.
• Enables Energy Independence: With offshore drilling, numerous foreign countries can study the ocean for oil and gas, enabling self-reliance.
• Promotes Economic Growth: Third-world nations bordering oceans can study their oceanic oil reserves and grow.
Liabilities of Offshore Drilling Rigs:
Following are the liabilities of offshore oil drilling.
• Expensive and Possibly Dangerous: Offshore oil drilling is pricey as it needs sophisticated equipment. Again, it postures major risks to workers.
• Multiple Environmental Harms: Offshore oil drilling causes mass pollution, mostly during oil spills. If not alleviated, the spills can harm marine life.