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Showing posts with the label oil and gas

Oilfield Chemical

If there is any one market that is showing an upward trend in terms of production, transactions, infrastructure and development, it is Oil and Gas industry. This sector plays a key role in deciding the fate of the world economy. This sector is accelerated by the uniform increase in drilling oil production, which is directly proportional to the demand for oilfield chemicals. Oilfield chemical are specialty formulations utilized in oilfields applications and drilling well sites. The efficiency and productivity of the oil field machineries and application areas depends on well site operations that cost-effectively maximizes recovery of oil and gas reserves and minimizes the impact on the environment. Oil field chemicals impart unique capabilities and functionality to the operational sites for well drilling completion and intervention services. Oilfield chemical majorly caters to three sub sectors, viz. Upstream, Midstream and Downstream. Since Oil and Gas industry involves huge i