Pros and Cons of Offshore Oil Production

Did you know? The undisputed oil hub in Asia is Singapore. That’s right because this diverse country is one of the world’s leading when it comes to offshore oil and gas production.

Aren’t this interesting? If you want to know more, here are the pros and cons of offshore oil production.

PROS

1. Oil: World’s Universal Resource
   Believe it or not. Everything from this world needs oil, such as clothing, mechanical parts, transportations, furniture, cosmetics, and medicine. That’s why oil becomes the world’s universal resource.
2. Economic Benefits

   Surely, without doubt, offshore oil and gas production creates thousands of jobs in different but related industries such as shipping, transportation and even medical research.

   With the growth of available jobs, it will certainly increase the economy and even a decrease in domestic costs, because Singapore alone has a mobile offshore production unit so need to get imports from foreign countries.

3. Healthy for the Environment
   Some people would say, offshore oil production harms the marine population. But contrary to that, with a moderate offshore oil and gas production and proper handling of mobile offshore production units, oil drilling can reduce the pressure of oil reservoirs underground, and it can improve the aquatic and atmospheric condition.

CONS

1. Can Damage the Environment
   It is undeniably true that almost everyone has a false impression of offshore oil drilling production. However, it can only do damage to the environment if the authorised personnel can’t properly use the mobile offshore production unit, and that will lead to an oil spill.
2. Creates Pollution Hazard

   Aside from damaging the environment, doing an offshore oil drilling production can also create air pollutants hazard by producing carbon dioxide, carbon monoxide, hydrogen sulphide, and other particulate matter. But all of this can be avoided since the offshore oil and gas production industry trained their staff efficiently.

Here are just the pros and cons of offshore oil production. But if you want to know more, contact this offshore oil and gas production company called MOPU Holdings in Singapore.