BROWSE THROUGH OUR TRADE FAIRS FOR OIL & GAS INDUSTRY
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Oil & Gas
Overview of the oil and gas industry
The oil and gas industry is one of the most extensive and valuable economic segments. It focuses on producing, processing, distributing, selling and using oil and gas. It includes diverse processes and systems. As a result, the industry that spans over 89,000 enterprises.
Is the industry extensive?
The oil and gas industry features an extensive network. It is due to the various wares required for the supply chain. Also, it is due to the importance of oil and gas. For example, the segment has links to the transportation, energy, and chemistry industries. It also has connections to the plastics, heating, and pharmaceutical sectors. It likewise has associations with the packaging and manufacturing industries. Also, it has linkages to the metalworking, ceramics, and construction sectors. It similarly has links to the environment, industrial supplies and industrial cleaning industries. It also has a connection to the industrial engineering sector. As a result, the industry directly employs over 2 million professionals.
Is the sector highly valued and innovative?
As a result, the industry generates high revenue and is a pivotal segment. For example, it has recently reached a market size of around $7.75 trillion. The sector often organises biannual trade expositions to complete diverse business goals. It ensures that the industry remains competitive. The sector’s expos take place in various countries, such as Norway and the United Kingdom. Such events attract tens of thousands of participants.