Offshore drilling is increasingly becoming a popular oil / gas production technology. What advantages is/ are offered by the Offshore oil and gas production in comparison to land based installations?
1. Offshore oil and gas production is cheaper and easier than land-based installations
2. Offshore oil and gas production is environment friendly
3. Land oil has already been exploited in most places
Choose the correct option from the codes given below:

Answer: [C] Only 3 is correct

Offshore oil and gas production is more challenging than land-based installations due to the remote and harsher environment.  Much of the innovation in the offshore petroleum sector concerns overcoming these challenges, including the need to provide very large production facilities. The first two statements are incorrect . The third statement is correct because that is one of  the reasons. Even, now the shallow oil off  shore deposits are mostly taken/exploited so people are having to go to deeper water.

This question is a part of GKToday's Integrated IAS General Studies Module