Page 40

UPSTREAM LOGISTICS

GOING THE

EXTRA MILE

Logistics providers both big and small across the region are finding that offering enhanced end-to-end solutions for their oil and gas customers is giving them a competitive advantage

38

Oil&Gas Middle East September 2010

he global logistics market is by any stretch of the imagination a lucrative one and with revenues of US$3.56 trillion (2008), it is easy to see why. Forecasts predict this figure nearing $4 trillion by the end of 2013. Catering for upstream oil and gas operations is a niche area of the market where a delay in delivery by a logistics operator could mean losing millions of dollars in downtime waiting for a replacement part on an oilfield site. Most of these operators pride themselves in being able to provide value added services to

T

their discerning clientele in the oil and gas sector. Whilst the region’s larger global logistics solutions providers are looking to enhance their well-established market share with increased capacity, smaller outfits are getting creative by capitalising on their specialist knowledge and expertise of the region. Oil & Gas Middle East speaks to the region’s logistics experts to analyse the state of the logistical support currently on offer to the upstream oil and gas industry in the Middle East. Gulf Agency Company (GAC) is a marine shipping provider which started its operations in Kuwait

www.arabianoilandgas.com

Oil & Gas Middle East - Sept 2010  

Oil & Gas Middle East - Sept 2010 - ITP Business

Oil & Gas Middle East - Sept 2010  

Oil & Gas Middle East - Sept 2010 - ITP Business

Advertisement