Introduction
From food to automotive, stainless steel has been transforming nearly every industry. The oil and gas industry has been no different.
The oil and gas industry is an evolving industry with modern requirements. And to meet these needs, stainless steel continues to optimize industrial operations by ensuring long-lasting and reliable performance.
Stainless steel can withstand corrosion which is a very important consideration in the oil and gas industry; hence, it’s very evident that stainless steel is a critical component for safe operation in oil and gas processing systems.
In this blog, we’ll look at why stainless steel plays an important role in petroleum refining and some of the established advantages and applications of stainless steel in the oil and gas industry.
Oil & Gas Industry
The oil and gas industries are a significant contributor to the thriving economy. The final products of this industry are mainly fuel, oil, and petroleum.
The industry has three major processes: Upstream, Midstream, and Downstream.
1. Upstream –
The Upstream market entails exploration and development. This procedure involves the search for underground natural gas and crude oil wells as well as the drilling of exploratory wells.
2. Midstream –
The Midstream market concerns the transportation, storage, and processing of oil and gas. The transportation process is accomplished by the use of pipelines, oil tankers, and even fleets of trucks.
3.Downstream –
The Downstream market covers the filtering of the raw material attained during the Upstream phase. The process includes the refining, filtering of crude oil, and purification of natural gas.
Major Challenges Faced By Oil & Gas Industry
The oil and gas industry is a major power-generating source at present. Though, there are some challenges associated with this source of energy generation.
It functions in challenging environments at different temperatures in chemical processing. In order to achieve efficiency in the operation, it requires good quality grades of metal that can resist corrosion in extreme temperatures.
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