Serba Dinamik Annual Report 2019

95 The midstream sector is mainly concerned with the transportation of extracted oil and gas from production facilities to refineries and processing facilities. This mainly includes operation of onshore and offshore oil and gas pipelines and transport vessels. We also operate within the downstream sector of the oil and gas industry, which is mainly concerned with refining and processing of oil and gas, manufacturing of petrochemical products, and distribution of processed and refined petroleum products. Refining and processing convert extracted oil and gas into forms and products that can be used by intermediate and final users. Refining of crude oil involves fractional distillation to separate the different constituents of the crude oil to produce refined petroleum products. Meanwhile, natural gas processing involves the separation and purification of petroleum gases, and liquefaction and compression of natural and petroleum gases to facilitate storage, transportation and usage. Petrochemical manufacturing utilises feedstock from refineries and gas processing plants to produce basic raw materials for further manufacturing, or usable end-products. Some of the petrochemical products include various types of plastics derived from crude oil, and fertilisers such as urea derived from natural gas. Distribution activities are related to the delivery of refined and treated oil and gas products, and petrochemicals to the markets. This includes operation of LNG and LPG vessels, clean and dirty petroleum product tankers, petroleum tanker trucks, domestic gas networks and retail petrol stations. OUR BUSINESS ACTIVITIES WITHIN THE OIL AND GAS INDUSTRY We mainly operate within the upstream and downstream sectors of the oil and gas industry as depicted in Figure 4- 1. Our diversity in operating in several sectors and segments of the oil and gas industry provides us with two key benefits, namely: multiple areas for business sustainability and growth; diversify our dependency on any one sector or segment of the oil and gas industry. Whilewe operatewithin several sectors and segments of the oil and gas industry, our expertise and services are focused on repair andmaintenance of assets, where these assets are commonly used across various sector and segments of the oil and gas industry. We provide repair and maintenance services for rotating and static equipment used in production activities within the upstream sector, and refining, processing and manufacturing activities in the downstream sector of the oil and gas industry. Some of the equipment that we provide repair and maintenance services are as follows: MRO of rotating equipment such as: Gas Turbine Motor Blower Steam Turbine Pump Engine Compressor MRO S T R U C T U R E O F T H E O I L A N D G A S I N D U S T R Y