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Offshore Blowout is a term used in the Oil and Gas Exploration and Production industry to refer to an uncontrolled release of oil and gas from a well. This can occur when the pressure of the well is too high, or when the well is not properly sealed. The resulting blowout can cause environmental damage, as well as economic losses due to the disruption of production.
Offshore Blowout Prevention and Control (BOPC) is an important part of the oil and gas industry, and involves the use of specialized equipment and techniques to prevent and control blowouts. This includes the use of blowout preventers, which are designed to shut off the flow of oil and gas in the event of a blowout.
The Offshore Blowout market is highly competitive, with a number of companies offering services and equipment related to BOPC. These include Schlumberger, Halliburton, Baker Hughes, Weatherford International, and National Oilwell Varco. Show Less Read more
