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I'm not sure if you are asking what "offshore oil potential" means or what the "offshore oil potential" actually is in economic projection. But I will answer it both ways.
"Offshore oil potential" basically means the possible or projected quantity of crude oil located beneath the ocean floor that will be produced by a defined entity in a defined region.
Offshore crude oil output accounts for almost one-third of the world's oil production. At this stage, offshore is the only growing segment of the oil industry. It is without doubt the new oil and gas frontier as onshore production has only decreased in the last 20 years. What the exact potential is, I wish I knew the answer..
What else can I help you with?
What is the meaning of offshore job?
offshore oil companies in kakinada
When was China National Offshore Oil Corporation created?
China National Offshore Oil Corporation was created in 1982.
What is China National Offshore Oil Corporation's population?
China National Offshore Oil Corporation's population is 4,019.
How much of the worlds oil production currently come from offshore region?
Offshore oil accounts for approximately 23% of the total oil production.
What has the author Kirsten Rohrmann written?
Kirsten Rohrmann has written: 'Offshore oil and gas exploration and production' -- subject(s): Insurance, Law and legislation, Offshore oil industry, Offshore oil well drilling, Oil and gas leases
How much of the worlds production currently comes from offshore regions?
Offshore oil accounts for approximately 23% of the total oil production.
What is the difference between onshore and offshore drilling?
onshore is oil well drilled on land. offshore is oil well drilled in sea/ocean.
What has the author Deborah Cranswick written?
Deborah Cranswick has written: 'Deepwater in the Gulf of Mexico' -- subject(s): Offshore gas industry, Offshore oil industry, Offshore oil well drilling, Oil well drilling, Submarine, Petroleum in submerged lands, Submarine Oil well drilling
What is called offshore?
Offshore means to be away from the coast. For example: There are several oil-rigs working in the North Sea, just offshore from Aberdeen, Scotland.
Which company owns the most oil rigs?
Hercules offshore has the most oil rigs and buys and sells the most oil . It also does the most work offshore then any other company in the business .
Which oil field is asab from onshore or offshore?
Assab is an onshore oil field
How does the oil get from the offshore oil rig to refineries on the mainland?
Pipes under sea
