Offshore Oil
Offshore oil refers to the extraction of petroleum from beneath the ocean floor. This process typically involves drilling wells in the seabed, where oil reserves are located. Offshore oil platforms are constructed to facilitate this extraction, allowing companies to access resources that are not available on land.
The offshore oil industry plays a significant role in the global energy market, providing a substantial portion of the world's oil supply. Countries with coastlines often invest in offshore drilling to boost their economies and meet energy demands. However, this practice also raises environmental concerns, particularly regarding potential oil spills and their impact on marine ecosystems.