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Sunday, March 1, 2026

Offshore Oil

"Offshore" refers to the discovery and development of oil and gas resources which lie underwater. Usually the term refers to ocean-based oil extraction , though the term can also apply to drilling in lakes and inland seas. The remote locations and harsh conditions of offshore oil production present different challenges than do land-based operations. Platforms and facilities must be carefully designed, assembled, and maintained to ensure safe, productive, and environmentally responsible operations.

Crew supplies , transportation, and waste disposal all rely on support vessels, and must be carefully coordinated to make the most of limited time, space, and resources. The isolation and cramped conditions of offshore facilities can cause personnel difficulties. Rig work is considered higher risk and the staff usually receive higher salary than industry workers in other fields. Technological advances in communications, such as video conferencing, have made it possible to keep more personnel onshore.

Offshore drilling presents environmental challenges, especially in extreme conditions or when operations are located close to land. Platforms are designed to function in many different situations: from shallow-water steel jackets and jackup barges; to floating semi-submersibles and deepwater drillships. There are currently more than 600 mobile offshore drilling rigs in the competitive rig fleet, including jackups, semisubs, drillships, and barges.

Tags: Offshore Oil

© Adobe Stock/JT Jeeraphun

France Calls Draft Law on Oil Exploration in Overseas Territories

French Finance Minister Roland Lescure called a draft law proposing to allow offshore oil…

© Adobe Stock/Lukasz Z

BOEM Invites Public Input on Potential Offshore Oil Leasing Areas in California

The Bureau of Ocean Energy Management announced the issuance of two Calls for Information…

© Adobe Stock/Photocreo Bednarek

US Explores Plan to Swap Venezuelan Oil for Crude to Fill Emergency Reserve

The U.S. Department of Energy is exploring a plan to exchange heavy Venezuelan oil for U.S.

Source: DeepOcean

DeepOcean and Jana Marine Enter Saudi Arabia Subsea Partnership

Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have…

© Denys / Adobe Stock

Offshore Drilling Gains Momentum in US as Onshore Fades

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry…

Source: Department of Interior

US Unveils Schedule for Over 30 Offshore Lease Auctions

U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive…

© twixx/Adobe Stock

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Russia signed an investment agreement with Myanmar on Friday that it said could open…

© olinchuk / Adobe Stock

Republican Governor Doesn’t Want Trump’s Offshore Drilling

The Republican governor of South Carolina appealed to the Trump administration on…

Source: BOEM

US Plans New Offshore Oil and Gas Lease Sales

US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy…

Saipem has signed a renewal for its framework agreement with Saudi Aramco. Credit: Adobe Stock/Timon

Saipem Renews Offshore Activities Agreement With Saudi Aramco

Saipem has signed a renewal for its framework agreement with Saudi Aramco. The Long…

© Caio / Adobe Stock

Petrobras Ups Ship Orders to 48 by 2026

Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026…

© AI04 / Adobe Stock

Windward Unveils AI Solution for Critical Maritime Infrastructure Protection

Windward has launched a Critical Maritime Infrastructure Protection solution, an…

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