ONSHORE AND OFFSHORE DICHOTOMY; IMPACT ON THE NIGERIA ECONOMY

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ABSTRACT

The words onshore and offshore have traditionally been used in the sense of oil exploration. Onshore refers to activities of oil exploration that are conducted on land away from the ocean while offshore pertains to oil exploration and rigging under the bed of the ocean. The activity of extracting oil from under the sea bed is called offshore drilling whereas onshore drilling is the practice of extracting oil from under the surface of earth away from the ocean. It is not just oil that requires onshore and offshore drilling but sometimes this is undertaken for extraction of natural gas also.

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