Exploration, production and storage
Theand is classified into three different sectors: upstream, midstream and downstream. The sector is also referred as exploration and production (E&P) sector. The upstream sector includes the searching for potential underground or underwater and field, , and subsequently and operating the well that can recover and bring the and/or raw to the surface. There has been a significant shift toward including unconventional as a element of the upstream sector, and comparable improvement in (LNG) processing and transport. Upstream Industry has traditionally experienced the increase quantum of MERGERS, Acquisitions and Divestitures.