Downstream petroleum value chain. Mar 13, 2023 · crude oil production.

Downstream petroleum value chain. 4 percent to the country’s Gross Domestic roduct (GDP) according to Dr. Whether they are emerging players developing the oil and gas sector based on newly discovered resources, or long-established companies managing mature and complex oil and gas Jul 2, 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. com Sep 3, 2020 · Entering 2020, the outlook for North America’s downstream oil and gas industry was one of strong margins, a buoyant economy, and robust demand. Jan 10, 2014 · 1. Navigating the oil and gas value chain requires a holistic understanding of the upstream, midstream, and downstream sectors and the specialized skills necessary for each phase. Sep 10, 2024 · The downstream segment of the oil and gas industry is the last link in the value chain and deals with the processing, distribution, and sale of the products. Our recent work for downstream oil and gas companies See full list on nasdaq. Applications are now open for the Readiness Programme taking place on 18 November - 29 November 2024. The Oil and Gas value chain: a focus on oil refining 1 SCOPE OF THIS DOCUMENT This document reviews the current state of the industry and the common practices used throughout the value chain, with particular focus on downstream. Upstream midstream includes transporting oil from production Quick Facts about Oil Crude oil is measured in barrels. Re˜ning Retail Re˜ning Midstream Cross Value Chain Core Business, Finance, Procurement, HR Oil & Gas Value Chain Downstream Exploration & Production Blockchain Production, Apr 11, 2024 · The oil and gas industry is divided into three components or sectors: the upstream, midstream, and downstream. One barrel is 42 gallons. Upstream Oil & Gas Upstream is crucial for determining the supply side of the oil and gas market, and it involves several key activities: 2. Call +1(917) 993 7467 or connect with one of our experts to get full access to the most comprehensive and verified construction projects happening in your area. 1) UPSTREAM OIL AND GAS Dec 8, 2022 · If so, here’s our crash course on the petroleum value chain, along with the challenges South Africa is facing within it. Note that these three sectors also correspond to the three major categories of activities of the oil and gas industry value chain. The Dutch banks involved in the DBA identified the following types of financing they provide to We shall start with processing of hydrocarbons in the oil patch, to oil and gas value chains upstream, midstream, and downstream refining and petrochemicals. Density, or gravity, is measured on the The downstream oil and gas industry involves the final stages of processing and selling petroleum products. Likewise, oil refineries take in crude oil—a raw, unrefined resource—and transform it into refined Apr 19, 2024 · The course explores physical supply chain processes including oil and gas production, gas processing, shipping and pipeline transportation of oil, gas and LNG, storage and retail distribution. 21 In fact, starting with this segment, differentiated offerings and strategies start becoming more apparent in the entire downstream Feb 1, 2016 · 1) INTRODUCTION 1. Explore how digital transformation and value chain integration in the oil, gas, and chemical industries are driving efficiency and new business opportunities. According to Lewin (2003), the importance of the sector in fulfilling the Dec 6, 2021 · It states that the importation of refined petroleum products into Ghana, and their distribution and sale within the country, and other downstream trading activities will be reserved exclusively for Ghanaian enterprises. The subsequent subsections, with a specific Mar 1, 2016 · The oil and gas industry's value chain is classified into three distinct segments or sectors: Upstream (also known as exploration and production, or "E&P") Midstream; Downstream; The oilfield services segment can also be considered a distinct segment, which serves the upstream oil and gas companies. The Petroleum Value Chain has three major phases, namely; Upstream, Midstream, and Downstream. We turn data into action to help organizations capture opportunities, manage risk, and improve performance. The Oil Value Chain The oil sector can be divided into upstream, midstream, and downstream segments. Chapter 1 describes the current practices along the entire value chain, from exploration and appraisal to field development, production and abandonment. 4 million barrels per day of petroleum products. With over 3,000 service providers, the sector predominantly features high local participation Downstream Petroleum Industry Literature relating to supply chain especially in the downstream petroleum is scanty. com Downstream Sector Petroleum Supply Chain The downstream organisation is a continuation of the upstream and midstream process. 1 Upstream The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. This document reviews the current state of the industry and the common practices used throughout the value chain, with particular focus on downstream. MAKING CLEANER ENERGY MORE SUSTAINABLE. A crude oil gets carried out to be further processing and refining. The downstream operations comprise of the refining/processing, transportation, marketing and distribution of petroleum products31. 1 BACKGROUND Scope 3 emissions are those generated from value chain activities that are not accounted for and reported in the company’s scope 1 and 2 corporate inventories. Companies were building for a future of plenty. The MIDSTREAM segment connects upstream and downstream by gathering, transporting, storing and distributing crude oil, natural gas and other energy products. Jun 1, 2022 · With the use of secondary data, this paper reviewed the value chain of Ghana's oil and gas operations considering the upstream, midstream and the downstream sectors from 2010 to 2021. In as much as these players in the petroleum value chain ensure the The oil and gas industry consists of three major segments: upstream, midstream and downstream. Apr 10, 2024 · Midstream operations involve the processing, storage, and transportation of raw crude oil, natural gas, and natural gas liquids from oil fields to refineries and end-users. May 10, 2022 · 1. What constitutes the upstream, midstream and downstream parts of the oil and gas supply chain? The upstream sector is generally known as the exploration and production sector concerned with identifying suitable locations for drilling wells to obtain resources and recovering these from the sites identified. S. We have found that digitizing downstream operations leads to the following benefits for oil and gas companies: operating costs reduced by 12 percent to 20 percent. Our services span the entire downstream value chain and are provided in five distinct capabilities: Crude Oil Markets services provides fresh, original, and data-rich analysis and insights into the short and long-term future of the global oil market. retail channel, reflecting consumer confidence in our brand. evaluation at (Figs. PETROLEUM INDUSTRY SEGMENTS & VALUE CHAIN PWI2017EEI 1 Petroleum Industry Structure Petroleum industry consists of a series of distinct segments—Upstream, Midstream & Downstream UPSTREAM Exploration, Development, & Production MIDSTREAM Transportation, Processing (Gas), Storage, Crude Trading DOWNSTREAM Refining, Distribution, & Marketing PWI2017EEI 2 1 Upstream Petroleum Industry E&P Downstream Enhances the value of petroleum resources through refining, marketing and trading of crude oil and petroleum products, and manufacturing and marketing of petrochemicals, specialty chemicals and derivatives. ExxonMobil’s Downstream business is one of the world’s largest manufacturers and marketers of fuels and lubricants and sells more than 5. If you ask the typical man on the street where plastics or even detergents come from, he will likely stutter for an answer, not knowing about the petrochemical business. 3 mbpd in 2023 and cross the 100 mbpd mark for the first time in history. examined the downstream petroleum industry and the key play- above and the crude oil and natural gas value chain components. Apr 16, 2024 · Also called exploration and production (E&P), upstream is farthest from the end-user consumer in the oil & gas supply chain. Aug 2, 2023 · Downstream. The concept of value chain analysis is therefore useful in several ways such as identifying constraints and opportunities in the oil and gas industry. . Jun 25, 2019 · The diversified chemicals group appears to have remained one of the most “stable” segments in the downstream value chain and has maintained its “value share” of nearly 14 percent across the value chain. Natural Gas Value Chain Infrastructure for Midstream and Downstream Sector. Jun 10, 2016 · THE SUPPLY CHAIN OF THE OIL AND GAS INDUSTRY IN GHANA. 2) reveals the current development. Refining: Crude oil is refined in petrochemical industries to yield products such as gasoline, diesel oil, jet fuel, and other more obvious products such as lubricants and asphalt Despite these disruptions, global oil demand remains on track to grow by 2. This play is a good fit for oil companies with advantaged access to energy resources, such as hydrocarbons and green energy, as well as Oct 2, 2024 · Downstream: The heart of the Petroleum Value Chain . Downstream manages different Oil Products and Chemicals activities as part of an integrated value chain that trades and refines crude oil and other feedstocks into a range of products which are moved and marketed around the world for domestic, industrial and transport use. value-chain embedded Digital Reference Architecture coupled with Digital Initiative Assessment Model. Over the past several years, greenhouse gas (GHG Sep 2, 2016 · In the downstream supply chain of petroleum products, the logistics planning optimization is a crucial issue that not only involves the inventory management of oil depots to stabilize market supply, but also needs to take transportation into account and develop a reasonable resource allocation plan associated with replenishment costs. This sector includes refining crude oil into usable products like gasoline, diesel, and jet fuel, producing petrochemicals used in a variety of consumer and industrial products, and distributing and marketing these refined products to consumers and businesses. Our experience across all segments and regions gives us critical insight into what it takes to achieve performance and operational excellence. 1 UPSTREAM, MIDSTREAM AND DOWNSTREAM PARTS OF THE VALUE CHAIN Figure 4 Upstream, midstream and downstream parts of the value chain 1. Furthermore, these three represent the chronology of critical oil and gas activities. Innovate to protect mobility market share. Midstream includes all the infrastructure needed to move these resources, such as pipelines Jul 19, 2024 · By Kizito CUDOE The domestic downstream petroleum industry amassed a monetary value exceeding GHȼ71billion in 2023, contributing approximately 8. Jun 7, 2024 · The Greenhouse Gas (GHG) Protocol categorizes scope 3 (value chain) emissions into two main groups: upstream and downstream emissions. Global downstream outlook to 2035 7 Many oil and gas company leadership teams understand that digitization is more than an opportunity — it is an imperative (see Exhibit 1). Downstream oil players are in a privileged position to continue to be the main energy suppliers of the mobility/transportation sector. At the end of the production chain of the oil and gas industry is the Downstream, the segment responsible for refining and distributing oil and gas products. Ghana’s Oil and Gas Industry is operational within three sectors; upstream, mid-stream, and downstream. Since 2009, McKinsey has served 90 percent of the global top 20 oil and gas companies in more than 550 projects on downstream strategy and operations. AfriCorp Petroleum is an “Independent Downstream gas distribution Company ” . Upstream Transportation Primary Dist. 1 mmbpd at December 31, 2022, (2021: 4. Mustapha Abdul-Hamid, Chief Executive Officer-National Petroleum Authority (NPA). Downstream. 1) The Oil and Natural Gas Value Chain 2) PETROLEUM INDUSTRY STRUCTURE 3) THE AMERICAN PETROLEUM INSTITUTE CLASSIFICATION OF THE PETROLEUM INDUSTRY 3. 3 At a global level, electric vehicle (EV) sales grew by over 35% in 2023, with one in seven cars sold being an EV. This segment plays a vital role in energy operations by treating crude oil to remove waste and compressing gas before transporting it to the markets downstream. Scope 3 emissions are divided into 15 categories to help companies understand, manage, and report on the scope 3 activities relevant to their operations. Chapter 1 describes the current practices along the entire value chain, from National oil companies (NOCs) in resource-rich countries should take a holistic approach to the management of activities across the oil and gas value chain. We expect this policy to give local companies a very big push, in allowing us to attract and retain more value in the economy. 6— Estimating petroleum industry value chain (Scope 3) greenhouse gas emissions • Overview of methodologies 1. throughput improved by 6 percent to 12 A value chain is a series of events that takes a raw material and with each step adds value to it. 0 mmbpd), hence the trichotomization of the oil value chain process namely; upstream, midstream and downstream sectors as shown in figure 1 below: Figure 1: Oil Sector Value Addition Chain The Oil Value Chain The oil sector can be divided into upstream, midstream, and downstream segments. Learn about the impact of low-carbon technologies and the strategic frameworks necessary for success. This crucial phase involves exploration and production activities that precede the delivery of oil and gas to consumers. This course is available for IN-HOUSE; For Further information, please contact: Tel: +234 8037202432, Email: petronomics@yahoo. Upstream activities include exploration, drilling, and extraction. Major downstream oil players have been reluctant to take a strong position in other energy sources, such as biofuels, which are “Upstream” extracts oil and natural gas, “midstream” moves them safely, and “downstream” provides fuel oils and finished petroleum products. Follows the different types of trading and how vast quantities of oil are being transported Jan 1, 2021 · As indicated by a handful of review studies, however, most of the research on the downstream petroleum supply chain (DPSC) have focused on formulating network design models and determining product flow allocations [4], [31], [41] without a consolidated assessment of the aforesaid critical aspects. Web: www. The environmental concerns in exploration is also crucial. com. It also considers the commercial and regulatory arrangements for oil and gas trading and end-user supply. These and streams’ refer to where a company sits in the supply chain. In the oil and gas industry, the “upstream” sector holds great significance as it forms the foundation of the entire value chain. A. Crude oil quality is measured by density and sulfur content. In the petroleum industry, the value chain is divided into three parts: • Upstream • Midstream • Downstream Objective Students will gain an overall picture of the sequence of processes that make up the petroleum industry value chain. It is the phase in which the product will reach the final consumer. Aramco’s downstream investments diversify its revenue and integrate its oil and gas operations to optimize value across the hydrocarbon chain, supporting crude oil and gas demand and facilitating the placement of its crude oil. 1. thepetronomics. 4 Mt CO 2) among all Chinese listed companies (~3800 in total), followed by China State Sep 1, 2022 · For downstream companies, end-to-end hydrocarbon optimization, reliability excellence, supply chain digitization, B2B commercial excellence, and digitally enabled B2C programs have helped to deliver cost savings of more than $1 per barrel, while also boosting asset availability and increasing profitability (see sidebar, “Quantifying the Mar 13, 2023 · crude oil production. However, with a realisation of effective supply chain management, the trend is increasingly changing. We cover everything from the latest thinking on OPEC+ strategy and world and regional oil of data scientists and analysts enable organizations across the entire energy value chain to make well ­informed strategic, tactical, and operational decisions. Download scientific diagram | Simplified oil and gas value chains (upstream, midstream, downstream) from publication: Importance of Midstream in Oil and Gas Resource Development | The midstream The oil and gas value chain can be categorised into three sectors – upstream, midstream and downstream. Aramco’s net refining capacity was 4. 1 & A. Read more on page 152 Project Delivery and Technology Innovate with pace, leverage technology and digital synergy Nov 1, 2020 · The Table 1 below illustrates a detail assessment of the midstream to the downstream infrastructure state of the petroleum industry in Ghana with the aid of API twenty assets infrastructure checklist technique (American Petroleum Institute, Report, 2013, American Petroleum Institute’s Report, 2017) and petroleum value chain components (Figs. Upstream covers exploration, development and production Jun 17, 2024 · Upstream and downstream oil and gas production refers to an oil or gas company's location in the supply chain. - connect with us Jun 8, 2023 · The oil and gas value chain can be categorised into three sectors – upstream, midstream and downstream. The global oil & gas value chain Global banks play an important role in the global oil & gas value chain by providing financing to companies along the entire value chain, from upstream to downstream activities. Deepening the analogy, the heart receives deoxygenated blood from the body, sends it to the lungs for oxygenation, and pumps the oxygen-rich blood back out to fuel the body with energy. The upstream oil sector is also commonly known as the exploration and production (E&P) sector. t is the Petroleum Value Chain?Wha The Petroleum Value Chain (Figure 2) is the series of activities staring from exploring for oil to consumption of petroleum products. The supply-chain in the oil and gas industry is global and involving international trade system. For a decade, downstream companies in North America invested in Mobil 1 is the top-selling motor oil (conventional or synthetic) in the U. While most companies operate in only one sector, some integrated companies work across two, sometimes all three, sectors. The only cloud on the horizon was the potential impact of the energy transition. Introduction to oil and Gas Downstream Value Chain A fresh approach to value creation 17 – 19 February, 2014 | The Resource Space, Lagos, Nigeria. 4 This simultaneous growth in both petroleum-powered vehicles and EVs reflects regional disparities in demand structure May 16, 2023 · In 2019, China Petroleum & Chemical Corporation had the largest upstream value chain carbon footprint (166. Our vast distribution channels strategically places us to provide excellent delivery and customer service throughout the Gas value chain. Upstream oil and gas production includes identifying, extracting, or producing materials. opportunities through the value chain. Course Overview. Terminal & Depot Second Dist. The upstream sector also known as the exploration and production (E&P) sector is that aspect of the value chain involved in crude oil and natural gas recovery and production. This paper reviews the operations of the oil downstream sector in Ghana by appraising the industry report for 2016. Learn more. Density, or gravity, is measured on the Sep 2, 2016 · With a time frame of 16 years, from 2000 onwards, the search was performed through the Web of Science, the world-leading citation databases (Thomson Reuters, 2014), using keywords such as petroleum (oil) supply chain, petroleum (oil) industry and distribution planning combined or not with optimization, downstream, refined products and oil This segment is the first phase in the value chain of the oil and gas industry, laying the foundation for the midstream and downstream sectors that follow. The study population study was 1,044 full-time employees of five selected oil and gas marketing companies in Nov 23, 2022 · Integrated project developers: National oil companies can leverage their strong cross-value-chain positions to derisk project and downstream industries as well as their G2G relations to help secure demand. By investing in continuous training and development, professionals can enhance their expertise, drive operational excellence, and adapt to the industry’s evolving demands. hoaan uoioi dfrihtw hkjyo jdb vbxe okjeml giyx keeutcy ramst