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NAICS Code 213112-10 Description (8-Digit)

The Offshore Platforms/Oil industry involves the exploration, extraction, and production of oil and gas resources from offshore locations. This industry is a crucial component of the global energy sector, providing a significant portion of the world's oil and gas supply. Offshore platforms are large structures that are used to extract oil and gas from beneath the ocean floor. These platforms are typically located in deep water and are designed to withstand harsh weather conditions and extreme temperatures.

Hierarchy Navigation for NAICS Code 213112-10

Tools

Tools commonly used in the Offshore Platforms/Oil industry for day-to-day tasks and operations.

  • Subsea drilling equipment
  • Blowout preventers
  • Wellhead systems
  • Offshore cranes
  • ROVs (remotely operated vehicles)
  • Pipeline inspection gauges
  • Underwater cutting and welding tools
  • Hydraulic power units
  • Diving equipment
  • Mud pumps

Industry Examples of Offshore Platforms/Oil

Common products and services typical of NAICS Code 213112-10, illustrating the main business activities and contributions to the market.

  • Offshore drilling
  • Oil rig construction
  • Subsea engineering
  • Offshore pipeline installation
  • Platform decommissioning
  • Offshore well testing
  • Underwater inspection and maintenance
  • Offshore platform design
  • Offshore logistics and supply chain management
  • Offshore safety and risk management

Certifications, Compliance and Licenses for NAICS Code 213112-10 - Offshore Platforms/Oil

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • API Spec Q1: This certification is required for companies that provide quality management systems for the oil and gas industry. It is provided by the American Petroleum Institute (API).
  • OSHA 30-Hour General Industry Training: This certification is required for workers in the offshore oil and gas industry to ensure they have the necessary knowledge and skills to work safely. It is provided by the Occupational Safety and Health Administration (OSHA).
  • BOSIET: This certification is required for offshore workers to ensure they have the necessary safety training to work on offshore platforms. It is provided by the Offshore Petroleum Industry Training Organization (OPITO).
  • HUET: This certification is required for offshore workers to ensure they have the necessary safety training to work on offshore platforms. It is provided by the Offshore Petroleum Industry Training Organization (OPITO).
  • TWIC: This certification is required for workers who need access to secure areas of maritime facilities and vessels. It is provided by the Transportation Security Administration (TSA).

History

A concise historical narrative of NAICS Code 213112-10 covering global milestones and recent developments within the United States.

  • The offshore platforms/oil industry has a long and rich history dating back to the 1890s when the first offshore oil well was drilled in California. The industry experienced significant growth in the 20th century, with the first offshore drilling rig being built in 1938. In the 1950s, the industry saw the development of jack-up rigs, which allowed drilling in deeper waters. The 1970s saw the introduction of semi-submersible rigs, which could operate in even deeper waters. In recent years, the industry has seen advancements in technology, such as the use of 3D seismic imaging and horizontal drilling, which have made it possible to extract oil and gas from previously inaccessible areas. In the United States, the industry has faced challenges such as the Deepwater Horizon oil spill in 2010, which led to increased regulations and safety measures.

Future Outlook for Offshore Platforms/Oil

The anticipated future trajectory of the NAICS 213112-10 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The offshore platforms/oil industry in the USA is expected to experience growth in the coming years due to the increasing demand for oil and gas. The industry is expected to benefit from the rising oil prices, which will encourage more investment in offshore drilling. Additionally, the industry is expected to benefit from the development of new technologies that will make offshore drilling more efficient and cost-effective. However, the industry is also facing challenges such as increasing competition from other sources of energy and the need to comply with environmental regulations. Overall, the offshore platforms/oil industry in the USA is expected to experience moderate growth in the coming years.

Industry Innovations for NAICS Code 213112-10

Recent groundbreaking advancements and milestones in the Offshore Platforms/Oil industry, reflecting notable innovations that have reshaped its landscape.

  • Advanced Drilling Technologies: The offshore platforms/oil industry has seen significant advancements in drilling technologies, which have made it possible to extract oil and gas from deeper waters and more challenging environments.
  • Subsea Processing: Subsea processing is a technology that allows oil and gas to be processed on the seabed, reducing the need for expensive surface facilities and pipelines.
  • Digitalization: The offshore platforms/oil industry is increasingly using digital technologies such as sensors, data analytics, and automation to improve efficiency and reduce costs.
  • Floating Production Systems: Floating production systems are a cost-effective alternative to traditional fixed platforms, allowing oil and gas to be produced in deeper waters.
  • Environmental Monitoring: The offshore platforms/oil industry is investing in new technologies to monitor and reduce the environmental impact of offshore drilling, including the use of autonomous underwater vehicles and remote sensing technologies.

NAICS Code 213112-10 - Offshore Platforms/Oil

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