Oil platforms
Sometimes referred to as offshore platforms or oil rigs (which is incorrect), oil platforms are usually large structures equipped with facilities needed to extract oil out of the ground below the sea floor. They also extract natural gas and can either process it on site or temporarily store it before shipping it to another facility […]
Offshore drilling: pros and cons
Offshore drilling is a dangerous and difficult task, and it demands great financial, construction and physical efforts to overcome all the challenges presented. Many problems can arise while working on an oil rig out in the open sea, from life-threatening weather to fires and other hazards. Also, offshore drilling carries a great environmental concern. But, […]
History of the oil industry in the USA
The oil extraction business started in the early 19th century in the United States. The discovery of oil, however, happened a bit earlier. It was in 1859 at Oil Creek in Pennsylvania. This discovery was the precursor of the first oil boom in the US, from 1859 to the early 1870s. Colonel Edwin L. Drake […]
