Washington Journal-Oil Industry and Politics

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51 Good Catchy Oil Industry Slogans

Oil & gas industry went on a $250 bn buying spree in 2023

Oil & gas industry went on a $250 bn buying spree in 2023

Offshore drilling refers to the process of extracting oil and gas resources from beneath the seabed in offshore locations. It involves the use of specialized drilling platforms, known as offshore rigs, which are typically stationed in coastal waters or out in the open sea. Offshore drilling begins with the installation of a well, which is a hole drilled into the ocean floor to reach the underground reservoirs. Once the well is established, a combination of drilling fluids and equipment is used t