Tag: oil and gas
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What is Upstream Project in Oil and Gas
What does upstream mean in oil and gas? In the oil and gas industry, the term “upstream” refers to the first phase of the production process. It involves activities related to the exploration, drilling, and extraction of oil and gas reserves from the earth’s surface or beneath the seabed. Upstream operations are primarily focused on…
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Understanding the Basics of Oil and Gas: Importance, Considerations, and Future Outlook
Oil and gas have been the backbone of the global energy industry for decades, fueling economic growth and driving technological advancements. These resources are formed over millions of years from the remains of ancient plants and animals that were buried and subjected to intense heat and pressure. As a result, they are rich in carbon…