For a century, many people believe that offshore gas production is ultimately affecting both the energy market and the environment. However, it is the opposite because not only offshore gas production improves the economy, but it also helps the environment. Here are factors how offshore gas production benefits the economy.
1. Offshore Oil Production Benefits Economies
With the use of a mobile offshore production unit (MOPU), collecting oil and gas is no longer a problem. Thus, offshore oil and gas industry becomes more competitive, and the prices of everyday necessities will considerably reduce.
2. Increased Energy Production
The electricity that everyone uses today came from oil, so if a country invests in offshore oil production, they are promoting energy independence. It means they would not need to rely on other countries to sustain their energy needs because they can produce on their own.
3. Provide Employments
Since MOPU are large scale oil and gas equipment, and one operation takes days to end. Oil industries ensure they have sufficient workers who can safely operate and finish the production, and that reduces the unemployment rate.
4. Builds Businesses
Apart from employments, it also helps local businesses to grow because they are providing raw materials that are the main ingredients to make candles, crayons, ink, tires, along with other everyday items.
5. Significant Reductions in Oil Pollution
As mentioned earlier, offshore gas production helps the environment because it reduces the natural oil seepage. It’s an oil pollutant underwater that is exceedingly affecting aquatic life.
6. Great Help in Medical Industries
What’s more, oils gathered from this process become the resources to make water-resistant medical supply such as face mask, and gloves. They are also used to make medicinal creams like petroleum jelly.
Want to know how offshore oil and gas industry works? Contact MOPU Holding. They’re one of the largest offshore operators in Southeast Asia.
Resource:
https://www.scoop.it/topic/infographics-by-zhein-fuo/p/4119550408/2020/06/29/how-offshore-gas-production-benefits-the-economy
