The great giant and the tumbling in the downstream
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Date
2019-06-19
Authors
Oyekunle, L.O.
Journal Title
Journal ISSN
Volume Title
Publisher
University of Lagos Press and Bookshop, Akoka
Abstract
The oil and gas industry is usually divided into three major sectors: upstream, midstream and downstream. The upstream oil sector is also commonly known as the exploration and production (E&P) sector. The upstream sector includes the searching for potential underground or underwater crude oil and natural gas fields, drilling of exploratory wells, and subsequently drilling and operating the wells that recover and bring the crude oil and/or raw natural gas to the surface.
The midstream sector involves crude oil/natural gas transportation (by pipelines, tankers, railroad and ships), storage and marketing. The downstream sector comprises of crude oil refining, production of petrochemicals, transportation and distribution of petroleum products. The midstream operations are usually included in the downstream category.
Description
An inaugural lecture delivered at the University of Lagos, Akoka
Keywords
Oil industry , Historical development , Petroleum refining , Nigerian crude oil , Research Subject Categories::TECHNOLOGY::Chemical engineering
Citation
Oyekunle, L.O. (2019). The great giant and the tumbling in the downstream. An inaugural lecture delivered at the University of Lagos, Akoka. Inaugural lecture series, 70p.