Oil and Gas sector
Oil and Gas sector is vital part of industrial sector globally. It mainly comprises
- Exploration
- Extraction
- Refining
- Distribution of Petroleum and natural gas
This Sector is divided into three segments
- Upstream: This segment involves Exploration and Production. Key activities include drilling, Well completion and operation of Oil and Gas fields
- Midstream: This segment involves transportation, Storage and Wholesale marketing of Crude or refined petroleum products thru Pipelines, Tankers, Ships and Storage Terminals
- Downstream: This segment involves refining of the Crude oil, Processing and purifying the natural gas and distribution of final products to the consumers. Products like gasoline, diesel, jet fuel, LPG etc.