OIL AND GAS SUPPLY CHAIN
Supply-chain links involved in the oil and gas enterprise include; exploration, production, refining, marketing and consumption. Various operations are involved in each of these stages. To begin with, the exploration stage involves geological seismic and geophysical procedures. Production involves engineering facilities, reservoir and drilling operations. On the other hand refining involves complex processing procedures resulting products for the market. The consumption stage refers to when the oil and gas products have reached the end user. All the above stages are carried out as separate segments in a company or as specialized companies dealing with a single stage of the supply chain. ...