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offshore oil

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offshore oil [′ȯf¦shȯr ′ȯil]
(petroleum engineering)
Oil produced from reservoirs under the offshore continental shelves.


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Jobs on offshore oil rigs are among the most sought after in the oil and gas industry, and for good reason It is exciting work, and an adventure Jobs on offshore oil rigs are among the most sought after in the oil and gas industry, and for good reason.
China's largest listed offshore oil and gas producer CNOOC said Wednesday that its first-half net profit fell 55 percent on the back of lower oil prices.
lt;strong>Offshore oil and gas exploration to fall</strong> Derrick Petroleum Services projected the number of new offshore oil and gas exploration wells will shrink by about 15 percent in 2009, due to the oil market volatility and the credit crunch, Reuters reported.
 
 
 
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