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Challenges and Operations in the Oil and Gas Industry

   

Added on  2023-01-20

14 Pages3534 Words24 Views
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Name of the student
Name of the institution
Date
Challenges and Operations in the Oil and Gas Industry_1
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Executive summary
The oil and gas industry is among few known global industries which provide large quantities of
energy consumed in the whole world (Nader, 2010, p. 22). The main aim of this paper is to give
ways which the company follows to carry out its activities thus giving it leading position in oil
industry. In modern world, the material wealth accumulation is fuelled with abundant energy in a
cheap manner. So as to gain understanding in oil and gas industry, one has to look on decisions
and challenges the companies under that sector come across along the supply chain which they
follow. In the supply chain, the upstream is the great potential in supply chain as it is
characterized by many projects in large scale (Raji, 2013, p. 404). It also has technological
inventions which require few processes and standardization.
Challenges and Operations in the Oil and Gas Industry_2
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Table of Contents
Executive summary 2
Introduction.....................................................................................................4
Organization upstream and midstream 4
Coordination activities ............................................................................................7
Transportation......................................................................................... .........9
Comparing and contrasting...................................................................................9
Human behavioral ...........................................................................................10
Conclusion....................................................................................................12
Recommendations............................................................................................12
References.....................................................................................................14
Challenges and Operations in the Oil and Gas Industry_3
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Introduction
The oil and gas industry is among few known global industries which provide large quantities of
energy consumed in the whole world (Shuen, 2014, p. 231). The Royal Dutch shell is the third
largest company in the whole world in market capitalization as it has $176 roughly. From its
supply chain, the upstream and midstream has given the company a great potential thus making
the supply chain management to carry out large scale projects with very few processes. Shell
manages its challenges successfully.
This paper explains some of the challenges the Royal Dutch shell come across in midstream and
upstream, supply of the products in Southeast Asian, participants, makeup, mapping suppliers,
modes of transport among others. Also to discuss the operations that make the industry to run
smoothly, behavioral challenges that staffs face on daily basis, comparing and contrasting
different operations and logistics in both West Africa and south East Asia among many other
things.
1.0 Main body
1.1 Carry out a brief analysis of your organization’s upstream and midstream Oil and Gas market
(s) to identify the logistics and operations activities being undertaken in those markets
Royal Dutch shell is an organization dealing with oil and gas. Like any other organization it has
upstream and midstream while dealing with oil and gas (Laksmono, 2013, p. 441). In the
upstream, the shell explores and recovers natural gas, crude oil and also natural liquid gases, and
then it transports gas and oil where in midstream infrastructure it’s necessary to deliver the
Challenges and Operations in the Oil and Gas Industry_4

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