Floating Offshore Drilling

Definition - What does Floating Offshore Drilling mean?

Floating Offshore Drilling is a type of drilling conducted offshore in sea with the use of MODU, i.e., Mobile Offshore Drilling Units. These floating units and other drilling devices are installed on drilling rigs and usually consist of drillships, semi-submersibles and jackups to name a few. These drilling facilities help petroleum organizations to drill and produce oil and gas from offshore locations such as the sea. The floating units are easy to port anywhere as per the requirement and can be fixed permanently or used temporary.

Petropedia explains Floating Offshore Drilling

Floating Offshore Drilling is majorly done by jackup rigs. However, other mobile offshore drilling units (MODUs) are also used to facilitate the easy drilling of an oil well located out in the sea. Other maritime drilling devices used to perform offshore drilling are semi-submersibles and drillships. These devices are carefully selected to enhance the oil drilling process efficiently. Each offshore drilling rig is specialized and may even have specially designed MODUs fitted in it. The floating offshore drilling procedure thus makes use of the special drilling equipment and supplies which help the workers to not only drill the oil well but also produce the oil and send it to the shore. Floating storage and offloading vessels are used to store the oil that is produced from the floating offshore drilling.

This definition was written in the context of Mobile Offshore Drilling Units

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