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International procurement, inspection, logistics, warehousing, and distribution services are provided by Petroleum Logistic Service. Inspecting risky items is one of its services, along with supplier search and selection, consulting, order tracking, samples, and technical services.
Transportation of drilling equipment, crude oil and natural gas extraction, and transportation of refined products are all included in the term “oil and gas logistics.” Upstream and downstream are all covered by petroleum logistics.
Pipelines move the crude oil to another carrier or directly to a refinery after the crude oil and natural gas have been separated. Thereafter, petroleum products are transported via tanker, vehicle, railway tank car, pipeline from the refinery to the market. A fossil fuel is petroleum, sometimes referred to as crude oil.
Petroleum was created from the remains of extinct marine animals like plants, algae, and bacteria, just like coal and natural gas.
Large Oil & Gas projects require efficient and effective logistics since it takes several means of transportation to process raw materials, transfer equipment to job sites, and deliver finished goods to clients.Products made from petroleum include petrol, diesel, home heating oil and kerosene.
Transportation fuels, heating and electricity-generating fuel oils, asphalt and road oil, and feedstocks for the production of chemicals, polymers, and synthetic materials that are used in almost everything we use are all petroleum products.
The Global petroleum logistics market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
BDP Project Logistics and its parent company, BDP International (BDP), are already acknowledged as major participants in the logistics industry for the transportation of energy, chemicals, and petrochemicals.
The new business will enable BDP to provide an all-inclusive service package to oil and gas firms by expanding its service offerings to cover mid- and upstream market operations within the oil and gas supply chain. According to Runshaug, BDP Oil and Gas Logistics will provide services to clients along the whole oil and gas value chain.
“The new business combines BDP’s two key advantages: its position as a world authority in the downstream industry and its depth of knowledge in project logistics.