Midstream Services
Midstream services refer to the sector of the energy industry that focuses on the transportation, storage, and processing of oil and natural gas. This stage acts as a bridge between the upstream sector, which involves exploration and production, and the downstream sector, which includes refining and distribution. Midstream companies ensure that energy resources are moved efficiently from production sites to refineries or end-users.
Key components of midstream services include pipelines, storage facilities, and terminals. These infrastructures are essential for maintaining a steady supply of energy while minimizing risks associated with transportation. Midstream operations also involve the management of liquefied natural gas (LNG) and other products, ensuring they reach markets safely and effectively.