The document discusses two methods for underwater welding: wet welding and dry welding. Wet welding involves welding directly in water and has advantages such as being the cheapest and fastest method, but disadvantages such as poor visibility and risk of hydrogen embrittlement. Dry welding involves welding in a pressurized chamber and has advantages like better weld quality and worker safety, but higher costs associated with the complex equipment required. The document compares the pros and cons of each welding method.