Oil platforms that are in the middle of the sea have two ways of transporting the oil to land, depending on how far it is from land. If it's close enough (or there is enough oil and money), the best way is by underwater pipelines that connect directly to a refinery on land. While the cost is high, the risk is lower. read more
Oil platforms that are in the middle of the sea have two ways of transporting the oil to land, depending on how far it is from land. If it’s close enough (or there is enough oil and money), the best way is by underwater pipelines that connect directly to a refinery on land. While the cost is high, the risk is lower. read more
If there is a platform, the oil is usually pumped ashore by pipeline. Oil is not stored on the platform because of lack of space and also the danger that having masses of oil around would pose. If there is no platform, then the oil is stored in an FPSO until a shuttle tanker can offload the oil. read more
To Explore and Produce offshore you need a platform (typically referred to as a rig) from which to drill wells, extract product, and in most cases store the oil or gas until it can be transported to refineries or other destinations. read more