Upstream Sector
The upstream sector in the maritime industry refers to the exploration, development, and production of oil and gas reserves in offshore and onshore fields. This sector involves activities such as seismic surveys, drilling of wells, and installation of production platforms. The upstream sector is considered the riskiest and most capital-intensive segment of the oil and gas industry, as it involves high costs and uncertainties associated with finding and extracting hydrocarbons. The success of the upstream sector is critical to the entire oil and gas value chain, as it provides the raw materials for downstream activities such as refining and distribution.
Your Previous Searches
Random Picks
- Hereditary Material: In maritime context, hereditary material refers to the genetic information that is passed down from one generation of marine organisms to the next. This material is responsible for the traits and characteristics that are unique to each spec ... Read More >>
- TRCF: TRCF stands for Tactical Remote Control Function. It is a system used in naval vessels to remotely control various functions such as weapons, sensors, and communication systems. TRCF allows the crew to operate these systems from a safe dist ... Read More >>
- Pull-out Manoeuvre: Pull-out manoeuvre is a naval tactic used to evade an incoming missile or torpedo. It involves a sudden and rapid turn of the ship to change its course and avoid the incoming threat. The manoeuvre is executed by turning the rudder hard over ... Read More >>
Top News
Captain Cook's Endeavour confirmed to be in Rhode Island waters...
The location of the HMS Endeavour, a lost ship belonging to 18th-century British explorer Captain James Cook, has been confirmed as Rhode Island's Newport Harbor....
News Source: CBS News on 2025-06-17
Mapping Iran’s oil and gas sites and those attacked by Israel...
Iran is a top 10 oil and gas producer, making its energy sites crucial to both regional and global markets....
News Source: Al Jazeera English on 2025-06-17
Ships collide in Hormuz Strait in shadow of Israel-Iran war...
Incident in strategic waterway said to be 'not security related' despite potential effects of conflict....
News Source: Al Jazeera English on 2025-06-17
How else could Iran retaliate over the ongoing Israeli strikes targeting the cou...
As Israel pounds Iran with airstrikes targeting military facilities and its nuclear sites, officials in Tehran have proposed a variety of steps the Islamic Republic could take outside of launching ret...
News Source: ABC News on 2025-06-17
Wall Street isn’t freaking out about Israel and Iran yet. The Strait of Hormuz...
Global markets have remained relatively calm amid the escalating tensions between Israel and Iran. But that sentiment could quickly shift, according to experts, if the conflict affects the Strait of H...
News Source: CNN on 2025-06-17