What makes up the supply chain in the Oil & Gas industry? The oil and gas supply chain can be defined as the goods and services required to maintain smooth operations for operators spanning the Upstream (production), Midstream (transmission), and Downstream (refining) sectors, as well as the people, resources, and tooling required to purchase ...

Mar 6, 2023 · This article sets out a three-step plan that oil and gas companies could use to assess their supply-chain risk, and explores risk-mitigating levers and management-mindset changes that could build resilience in the face of a supply-chain crunch.

Supply chain management in oil and gas coordinates all operations from exploration to consumer delivery, managing costs, risks, and efficiency across upstream (exploration), midstream (transport), and downstream (refining/distribution) activities.

Mar 4, 2024 · Effective supply chain management in the oil and gas industry ensures efficient resource delivery, mitigates risks, and optimizes costs. Discover its importance, challenges, benefits, and key attributes.

What is the oil and gas supply chain? The oil and gas industry operates through a global supply chain that includes domestic and international transport, trading, shipping, ordering, and inventory visibility and control.

Jul 28, 2016 · Companies in the oil and gas supply chain have gone from boom to bust in the past two years. Here are five strategies oil-field service and equipment companies are exploring to adjust to the changing environment.

Jun 9, 2020 · Oil and gas operators are reeling from the effects of the pandemic as well as collapsing oil prices. In addition, worldwide lockdowns and border closures are hampering the ability of oilfield services and equipment (OFSE) suppliers to deliver on time and on budget.

Energy companies can resolve years-long challenges and establish a more resilient posture against future threats by taking three actions today. The energy industry is vulnerable to a number of supply chain networks threats, including extreme weather, cyberattacks, trade disputes, workforce instability and surges in supply or demand.

The oil and gas industry’s supply chains are complex and subject to various risks. By understanding these challenges and implementing effective strategies, companies can build more resilient and efficient supply chains, ensuring a sustainable future for the industry.

Effective supply chain management offers several advantages for oil and gas companies, significantly impacting their profitability, competitiveness, and sustainability. By reducing costs, improving efficiency, and minimizing disruptions, companies can achieve higher profit margins.

Improvements in advanced crude oil production technologies continues to lift domestic supply. The growth results largely from a significant increase in onshore crude oil production, particularly from shale and other tight formations, which has been spurred by technological advances.

Within the dynamic realm of the oil and gas industry, the orchestration of an efficient supply chain stands as a cornerstone for operational success, financial prudence, and overall adaptability.

Jun 1, 2023 · This article examines the effects of supply chain disruptions on the oil and gas sector, highlighting specific examples and expert opinions. Additionally, we will explore the potential...

Our hope is that shining a light on the O&G supply chain — and reflecting back the results to an industry under pressure — will facilitate new dialogue and reveal new paths to change. I’m excited to share some key findings from the study, which you can read in full here.

May 26, 2022 · Oil and gas companies can contribute to easing constraints on global supplies and promote sustainability while building their resilience. But to do so, they need to empower their supply chain functions to create value rather than prioritize only cost reduction.

Oil & gas supply chain management solution helps companies to manage risk, minimise costs and increase cash flow from procurement to payment.

Jan 30, 2025 · Our Upstream supply chain review looks back on key themes that shaped the industry in 2024. Amid a multi-year recovery, inflation eased in most markets but suppliers still maintained pricing power. Capital discipline held for both operators and the service sector and this reflected in the respective strategies.

Jan 5, 2025 · Balancing cost-efficiency and quality in the oil and gas supply chain is crucial for maintaining operational excellence and competitiveness. Here are some strategies to achieve this balance: 1 ...

Jan 16, 2025 · Rystad projects that these supply corrections will be sustained throughout the decade until sometime in the mid-2030s. At that point, oil supply is expected to overcorrect while global demand peaks at around 109 million B/D in 2035. ... “Increasing confidence in a higher-for-longer demand outlook for oil and gas is forcing upstream companies ...

Hydrocarbons account for approximately 80% of today’s global energy consumption, and oil alone accounts for 30%. From a US perspective, about 60% of the 4.18 trillion kWh of electricity generated in 2023 came from fossil fuels, with natural gas accounting for over 43%. Total renewables, on the other hand, only amounted to 21% of total generation.

4 days ago · Drillships, vital for offshore oil and gas drilling, face mounting pressure from an ageing fleet. Once drilling concludes, Floating Production Storage and Offloading (FPSO) vessels take over, storing oil and processing hydrocarbons. ... Supply Chain Digital Magazine connects the leading supply chain and logistics executives of the world's ...

4 days ago · President Trump’s tariffs could threaten supply chains in the renewable energy industry and disrupt oil and gas markets. By David Gelles President Trump’s trade war has begun, with tariffs ...

For this project, Tuper is supplying approximately 120 km of API 5L Pipes with triple-layer polyethylene external coating, in various diameters ranging from 2″ to 10″. Tuper’s API 5L pipes for Line Pipe applications offer an effective combination of strength and toughness.

In Latin America, at the moment, there are a series of projects to build, expand and rehabilitate gas pipelines, which are of great importance to the strengthening of midstream infrastructure of those countries.

Jan 14, 2025 · Natural gas price at Henry Hub (dollars per million British thermal units) $2.20: $3.10: ... Global oil prices: EIA expects growth in global oil production to outpace global demand for petroleum products, which would push oil prices downward through 2026. In EIA’s forecast, the Brent crude oil price will average $74 per barrel in 2025, 8% ...

Jan 14, 2025 · Supply Chain Oil, Gas & Chemicals Operations - Oil & Gas Sector - Senior - Consulting The upstream energy industry is facing unprecedented challenges through volatile energy prices, changes to geopolitical landscape and supply and demand fluctuations.

supply chain, oil gas jobs in Winnipeg, MB. Sort by: relevance - date. 75+ jobs. Buyer. Micro Tool & Machine Ltd. Winnipeg, MB. $50,000–$60,000 a year. Full-time +1. Monday to Friday +2. Easily apply. ... Collaborating with the Supply Chain Manager to …

Mar 4, 2024 · Serão investidos R$ 800 milhões para levar a infraestrutura até o Oeste mineiro, onde está instalado um grande polo industrial que ganhará mais competitividade com o acesso ao gás. Considerando todos os ramais, o Gasoduto Centro-Oeste aumentará em 300 quilômetros a extensão da malha de distribuição de Minas Gerais, um acréscimo de 23%.