How Offshore Oil Rigs Work • Discoverology

How Offshore Oil Rigs Work

Business, Explainers, Videos

Offshore oil rigs are inherently a higher-cost, higher-risk method of oil extraction, but the oceans are, of course, home to a huge proportion of the world’s oil reserves so, if there are no more low-cost oilfields on land, that’s where the companies go.

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Videos

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