Seven courses cover the important midstream sector of the industry the transportation and processing of oil and gas into products that meet market standards. The upstream sector involves the exploration for and extraction of petroleum crude oil and natural gas. A study of sustainability in the oil and gas supply chain. The concept of value chain analysis is therefore useful in several ways such as identifying constraints and opportunities in the oil and gas industry. During production, crude oil is produced on both land and at sea. The upstream sector involves the exploration for and extraction of. Historically, we know the tales of eternal fires where oil and gas seeps ignited and burned. Oil has been used for lighting purposes for many thousands of years. Pdf supply chain management in the petroleum industry. A significant proportion is employed either directly or indirectly in the petroleum sector in norway.
This separate system provides all the benefits of the kn login platform, with added features to meet the specific needs of the oil and gas industry. The petrochemical value chain is immense and truly a source of wonderment. A value chain maps the full range of activities which are required to bring a product or service from conception, through the different phases of production. The oil and gas found in the ground come in different grades or qualities. Title examining the impact of supply chain integration on. As you embark on an educational journey through the oil and gas value chain, you will learn the. Aug 08, 2014 the outbound supply chain the supply chain associated with taking away the oil and gas produced by the field. Master of engineering in logistics massachusetts institute. If a reservoir contains both oil and gas, the gas it contains is called associated gas. He has 27 years of consulting experiences in supply chain management, operations and business strategy. The oil and natural gas supply chains can be complicated and sometimes obscure systems to many who rely on their products and services. The system also offers more detailed reporting and the. Bringing oil to the surface using natural and artificial methods.
Extractive industry basics the petroleum value chain. The oil course covers, crude transportation and storage. The oil and gas industry overview and trends nrgi reader april 2015 this reader is intended for. The oil and gas organization of the future mckinsey. You will become familiar with the various phases of the oil and gas value chain upstream, midstream and downstream the key industry players, the basics of oil and gas supply, demand and pricing and the challenges that the industry faces as demand for these important forms of energy grows by 50% in the next 25 years.
The oil industry is one of the few truly global industries. There are five phases to the life cycle of upstream oil and gas industry. The multiplicity of factors that influence the directions of the petroleum production chain is huge, making the task of preparing strategies and action plans. Supply chain management, supply chain optimization, oil industry abstract problem discussion. Oil and gas industry supply chain analysis, oil and gas. Oil and gas activities are generally considered essential activities by governments and have been. With the help of software optimizing a process of supply chain of oil depot. The four gas courses explore different types of gas processing, transportation, storage, and markets, including ngl, lng, pipelines, and load balancing. With the advent of shale oil boom, significant opportunities are created for the railroads as. The future of supply chain management in the downstream core. Oil production includes drilling, extraction, and recovery of oil from underground. Oil value chain fuels and products transporting and trading oil and gas developing and extracting oil and gas.
Supply chain management of the oil transport finding an optimal method to optimize the scm in oil depot and distribution. We all enjoy the benefits of natural gas in one way or the other, directly or indirectly, without questioning how the btu of natural gas is made available to us. Five strategies to transform the oil and gas supply chain. Short guide summarising the oil and gas industry lifecycle for a non. He is also sourcing and procurement lead for accenture s north america oil and gas practice. Companies involved in the supply chain, directly and indirectly.
The turret has wire rope and chain connections to several anchors. When gas is refined, leaving mostly methane, it is called dry gas. Vision 2040 global scenarios for the oil and gas industry deloitte. This is a draft version of chapter 1 of the study on national oil companies and value creation, undertaken by the oil, gas and mining policy division of the world bank. The oil and gas supply chain is one of the most complex webs of organisations, activities, information, and resources in global business today.
These enhancements include improved monitoring and alerting capabilities at shipment, order and item level. In recent year, the oil and gas industry has streamlined their. Backed by over 150 years of experience and a global team of oil and gas experts, dnv gl works in partnership with operators, suppliers, governments and industry associations to support progress across the entire gas value chain. This reader covers basic information about oil and gas and the industry that extracts. Supply chain analysis helps an oil and gas industry client streamline the procure to pay process category overview the recent drop in the pricing of oil is pushing firms to compromise on operational costs to sustain their foothold in the oil and gas market landscape.
However, a lot of integrated processes requiring huge investments along the whole value chain are involved before it reaches us. Jul 15, 2015 the petrochemical value chain is immense and truly a source of wonderment. Vision 2040 global scenarios for the oil and gas industry 5 how to read the study few areas of the economy are as volatile literally and figuratively as the oil and gas sector. Oil and gas logistics market global industry analysis. Straddling the six inhabited continents and spanning disciplines from seismic scanning to point of sale at the pump, the hydrocarbon supply chain consists of thousands of companies, millions of. The thesis titled current issues in the supply chain management in the gas and oil industry is aimed to study and provide a clear idea of todays supply chain optimization, development of the industry, new operational challenges, environment risk concerns and example of the worst disaster in. In this seminar, decherts shane debeer and navpreet atwal examine the basics of the oil and gas extraction industry from a legal perspective, including exploration and production in the us and. The oil and gas industry is involved in a global supplychain that includes domestic and international transportation, ordering and inventory visibility and control, materials handling, import. Overall, this paper seeks to introduce key activities, value drivers and risk factors of the petroleum industry.
Learn about the three key sectors in oil and gas, the current state of the industry and future outlook. Whether upstream, midstream, or downstream, oil and gas businesses can add improvements in their supply chains, turning logistics into a competitive advantage. Our goal is to raise the level of awareness around the oil. In response to these disruptions, we see five big ideas for how organizations can adapt. Jul 28, 2016 in this seminar, decherts shane debeer and navpreet atwal examine the basics of the oil and gas extraction industry from a legal perspective, including exploration and production in the us and.
The oil and gas industry is involved in a global supply chain that includes domestic and international transportation, ordering and inventory visibility and control, materials handling, import. Proppant manufacturers arent the only companies in the oil and gas industry that can benefit by taking a fresh look at gaps in their supply chains. Value chain analysis along the petroleum supply chain. For the sensitivity tables you would look at commodity prices as one of the variables rather than. Investment opportunities in nigeria oil and gas value chain free download as powerpoint presentation. Operators and supply chain working together to reduce the costs of well decommissioning.
The supply chain in the oil and gas industry is global and involving international trade system. The outbound supply chain the supply chain associated with taking away the oil and gas produced by the field. Optimization of process between oil depot and gas station. Jul 02, 2015 this video provides an overview of the value chain for the downstream oil industry and what questions are asked every day by those working in the industry. They begin with the negotiation of host country agreements, which are necessary to obtain access to exploration blocks, and continue through exploration and field development of both oil and gas fields, to the sale of crude and. Oil and gas logistics synchronizes with all kinds of equipments from multiple origins to the areas that are difficult to access with the continual concern for manpower and environment. Six courses are devoted to the challenging upstream sector of the industry how oil and gas is found, produced and supplied to world markets. The programme promotes and develops high standards of professional skill, ability and integrity for all working in procurement and supply chain management in the oil and gas sector. To an extent, im referring to oil and gas refining, but its much broader and deeper than that.
The emphasis is on identifying opportunities and strategies for value creation within the industry, including infrastructure investment, physical supply chain operations and commercial trading activities. The study confirms the key findings in the value chain analysis literature, especially the issues around strategic value chain activities and their importance in conferring competitive advantage in the context of the oil industry. Investment opportunities in nigeria oil and gas value chain. Several changes are driving the influx of data in the oil and gas industry, including the growing use of sensors, larger numbers of unconventional wells, and an increase in remote and automated conventional sources. Api has created supply chain models for both oil and natural gas to communicate, in the simplest terms, how the industry works. Based on the theory of scm creating an optimized supply chain. Players in the downstream sector include oil refineries, petrochemical plants, petroleum distribution outlets, retail outlets and natural gas distribution companies. Overview of the oil value chain is an online training course that takes a look at the upstream, midstream and downstream sectors of the oil industry. The terms upstream and downstream oil and gas production refer to an oil or gas companys location in the supply chain. Companies focus on one sector given the complexities of this extractive industry, most companies focus on one particular sector.
Five big ideas for the oil and gas organization of the future. The oil and gas industry impacts organizations, individuals. Moving oil to refineries and consumers with tankers, trucks and pipelines. Overview the first step in the oil supply chain is production. Employment in the petroleum industry norwegianpetroleum. It is also described as either sweet or sour depending on the amount of hydrogen sulfide in the reservoir. The thesis titled current issues in the supply chain management in the gas and oil industry is aimed to study and provide a clear idea of todays supply chain optimization, development of the industry, new operational challenges, environment risk concerns and example of the worst disaster in the petroleum industry. Superficial research on oil and gas investments will inevitably turn up misconceptions, myths and outdated advice about the risks of exploration, production, and individual investment. A study of sustainability in the oil and gas supply chain by tijiani abubakar a thesis submitted in partial fulfilment for the requirements for the degree of. Here the challenges center around the fact that as traditional oilfields left.
Our goal is to raise the level of awareness around the oil supply. The terms upstream, midstream and downstream are often used to refer to the major sectors or operational components of the petroleum industry. Oil and gas companies may need more profound changes to meet demands for meaningful work and social responsibility to attract the next generation of top engineering and leadership talent. For 39% of the oil and gas executives we interviewed. The significance of the oil industrys impact on the global economy is obvious. A case study of mol hungar ian oil and gas plc authors. Along its supply chain, oil passes through different legal frameworks as it moves from one country to another. At every stage of the asset lifecycle, our purpose is to safeguard life, property and the environment. Nov 28, 2009 overall, this paper seeks to introduce key activities, value drivers and risk factors of the petroleum industry. Creating the integrated value chain for downstream oil. This oneday workshop provides an introduction to all aspects of the oil and gas supply chain, from exploration and development of hydrocarbon resources to supplying endusers. Oil gas valuation quick reference amazon web services. The oil and gas industry is involved in a global supplychain that includes domestic and international transportation, ordering and inventory visibility and control. You will learn about basics of the resources yielding oil, how it is transported and stored, and what the endproducts are.
The environmental concerns in exploration is also crucial. Api has created supply chain models for both oil and natural gas to communicate, in the simplest terms, how the industry works from the identification of resources to the end user. Supplychain management issues in the oil and gas industry. This video provides an overview of the value chain for the downstream oil industry and what questions are asked every day by those working in. Gas value chain we all enjoy the benefits of natural gas in one way or the other, directly or indirectly, without questioning how the btu of natural gas is made available to us. In areas where oil is found in shallow reservoirs, seeps of crude oil or gas may naturally develop, and some oil could simply be collected from seepage or tar ponds.
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