Author Archives: Offshore Jobs
What is Peak Oil
Peak oil is the point in time when the maximum rate of global petroleum extraction is reached, after which the rate of production enters terminal decline. The concept is based on the observed production rates of individual oil wells, and … Continue reading
What is an Oil Derrick?
An oil derrick is a drilling rig designed for use in oil and natural gas production. The basic oil derrick has an upright stationary section which is potentially capable of supporting hundreds of tons of weight, combined with a movable … Continue reading
Offshore Oil Drilling
Offshore oil drilling is an oil extraction technique which allows oil companies to access deposits of oil buried under the ocean floor.
