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    Oil & Gas Industry Sector-1

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    Bossok
    The oil and gas industry is divided into three sectors: upstream involves exploring for and extracting oil and gas from below ground, midstream focuses on transporting crude oil and natural gas via pipelines and other means, and downstream consists of further processing crude oil and natural gas into useful final products and raw materials for other industries through refining and marketing.

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    Oil & Gas Industry Sector-1

    Uploaded by

    Bossok
    12 views1 page
    The oil and gas industry is divided into three sectors: upstream involves exploring for and extracting oil and gas from below ground, midstream focuses on transporting crude oil and natural gas via pipelines and other means, and downstream consists of further processing crude oil and natural gas into useful final products and raw materials for other industries through refining and marketing.

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    The oil and gas industry is divided into three sectors: upstream involves exploring for and extracting oil and gas from below ground, midstream focuses on transporting crude oil and natural gas via pipelines and other means, and downstream consists of further processing crude oil and natural gas into useful final products and raw materials for other industries through refining and marketing.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    12 views1 page

    Oil & Gas Industry Sector-1

    Uploaded by

    Bossok
    The oil and gas industry is divided into three sectors: upstream involves exploring for and extracting oil and gas from below ground, midstream focuses on transporting crude oil and natural gas via pipelines and other means, and downstream consists of further processing crude oil and natural gas into useful final products and raw materials for other industries through refining and marketing.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Oil & Gas Industry Sector

    Upstream
    Finding, lifting, and processing oil & gas from subsurface into surface and ready for
    transportation. Also known as Exploration and Production (E&P).

    Midstream
    Transportation and storage of crude oil and natural gas from E&P plant for further processing
    by pipeline, railway, road, or tanker.

    Downstream
    Further processing of crude oil and natural gas into useful final product or raw material for
    other industry. Also known as Refining & Marketing (R&M)

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