Offshore operations refer to business activities conducted outside a company's home country, often in international waters or foreign territories. These operations are commonly associated with industries like oil and gas, fishing, and shipping, where companies seek to access resources or markets that may not be available domestically. In the context of oil and gas, offshore operations involve drilling for oil or natural gas beneath the ocean floor. This requires specialized equipment and technology to ensure safety and efficiency. Additionally, shipping companies may operate offshore to transport goods across international waters, benefiting from reduced regulations and lower operational costs.