The government has given permission to an oil company to do offshore drilling on the west coast of the state.
With no direct taxation, the Cayman Islands are a thriving offshore financial center.
A recent study suggests that an estimated 65% of the worlds hard currency is held in
offshore banks and that nearly 40% of world trade in goods are transacted through offshore finance centers.
Our agency offers confidential offshore financial and company formation services.
They anchored the boat offshore and then swam to the beach.
The Middle Eastern
nation of Bahrain has become an important financial center due to the government's policy of encouraging the growth of offshore banking and other financial services.
A number of American naval vessels are stationed about ten miles offshore, ready to intervene in the conflict if called
upon.
There is a canyon which is as big as the Grand Canyon just offshore in Monterey Bay, California.
Margaret Thatcher once stated, "Unless we change our ways and our direction, our greatness as a nation will soon be a footnote in the history books, a distant memory of an offshore island, lost in the mists of time like Camelot, remembered kindly for its noble past."
Rich people often use offshore banks in an effort to avoid paying taxes.
Offshore drilling for oil is very dangerous in the North Atlantic.
From our global network of offices, we deliver offshore companies, onshore companies, offshore trusts, and company management services to a variety of clients.
In 2004, over 225,000 jobs in the U.S., mainly in computers and related fields, moved offshore in order to cut costs.
Dr. Patin is currently studying the impact of the offshore oil and gas industry on the ocean environment and living resources.
Right now there is a lot of controversy about the effects of offshore drilling on the marine environment.