Oil & Gas Sector Overview

 Did you know that the world consumes 36 billion barrels of oil per year? Yes, you heard it right.


Oil and Gas is one of the Largest industries in the world and the fact stated above justifies that. Let's dive deep into how this industry functions.



There are 3 Sub sectors:


i) Upstream - Upstream businesses consist of companies involved in the exploration and production of oil and gas. These are the firms that search the world for reservoirs of the raw materials and then drill to extract that material.


ii) Midstream - Midstream is focused on transportation. They are the ones responsible for moving the extracted raw materials to refineries to process the oil and gas. Midstream companies are characterized by shipping, trucking, pipelines, and storing raw materials.


iii) Downstream - The downstream sector is the processing and refining of crude oil and raw natural gas, as well as the marketing and distribution of products derived from them.


All these sectors use tons of equipment in operations. O&M has been a critical part as the world has seen some disastrous accidents occurring in this industry.


Click here to watch our exclusive video on the flushing system.


We at Minimac provide all-around customised solutions for plants and equipment which helps in lowering the downtime and improving reliability.


Lubricants to Equipment is like Blood to Body, they keep them Running !!


Lubricants are the most important aspects for any equipment reliability purpose, As well lubricants are also most important for the efficiency & life expectancy of any rotating equipment.



Some of the major equipment used in refineries are Pressure vessels, Fired heaters, a Piping system, Heat exchangers, Storage tanks & Pumps, and Compressors. The maintenance of this equipment are very important as refineries operate continuously and production is a top priority.


Lubrication Reliability and Contamination Control plays an important role in preventing mechanical breakdowns and downtime costs. With the help of Condition Monitoring and Oil Analysis health and contamination level in Oil and equipment can be checked and reclaimed.


Read in detail how improper storage practices of equipment lead to contamination in oil which ultimately leads to machine failure and subsequent financial loss.


Which role do you play in Oil's journey from production to processing?


We would like to know your involvement in the Oil & Gas industry and the Maintenance challenges you face in order to help you in the most effective and efficient way possible.



Resources, Environment, and the cost spent on lubrication can be saved by adapting to modern methods and choosing the right strategy for your plant and equipment.


Note down your doubts and queries regarding Lubrication Reliability and Contamination Control as our experts will answer them on 25th June 2021.


Sign up for our upcoming webinar on the topic of  "Ask the Experts - Lubrication Reliability & Contamination Control".

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