Page 3 - Oil & Gas
P. 3

Strong Industry Powering the World
           While the population of the world continues        productivity and searching for new technologies.
           to grow, with 9.2 billion people expected by       There is a growing demand for machining
           2050, so does the average standard of living       exotic materials in the oil and gas industry,
           driven by a sustainable economic average in        capable to withstand the most hostile
           emerging and developed economies.                  environments such as high temperatures,
           Investments in R&D and manufacturing technology are   corrosion and extreme pressure conditions
           crucial to maintain a long term competitive advantage.   For this purpose ISCAR brings its customers
           While making these important investments, companies   innovative tooling solutions, combined with the
           also have to focus on controlling costs, improving   highest quality assurance standards worldwide.

           The oil and gas industry is usually divided into
           3 main segments, upstream, midstream
           and downstream. Midstream operations are
           usually included in the downstream category.

             Upstream                             Midstream Pipeline              Downstream LNG Plant
             Exploration and production           Transportation, storage and     Refining crude oil, purifying and
             of crude oil and natural gas         marketing of oil and gas derivatives  processing raw natural gas

   1   2   3   4   5   6   7   8