OCTG – Oil and Gas Production Industry

The oil and gas production industry is a key sector of the global economy, engaged in the exploration, extraction, processing, and marketing of crude oil and natural gas.
This industry plays a crucial role in providing energy for various applications, including transportation, industry, power generation, and heating.
The oil and gas production sector is closely tied to geopolitical developments and is influenced by a range of economic, political, and environmental factors.
Despite the growing interest in renewable energy, oil and gas remain essential energy sources for the time being, and the industry is expected to continue playing a significant role in global energy supply.