Value Chain for Oil and Gas Business is the work activities from discovering fields (Upstream) through appraisal and production to supply oil and gas products to the end users (Midstream and Downstream). Upstream business is from an exploration, transportation up to downstream facilities through the oil and gas separation and purification facilities. Midstream is the transportation of raw materials and final products by pipelines, rails, barges, oil tankers or trucks, and storages. Downstream consists of from receiving facilities of the oil or gas, and treating, upgrading, and producing of the final products, the downstream plants are a refinery, petrochemical, chemical plant, and products distribution facilities.
Related Definitions in the Project: The Project; Project Management; Plant and Process Unit
