Shifting Away from US Dollars: Oil Trade Goes Currency Agnostic

Shifting Away from US Dollars: Oil Trade Goes Currency Agnostic Over the past few years, a significant shift in the global oil trade has been observed. A growing number of countries are moving away from using the US dollar as the primary currency for oil transactions, thereby making oil trade increasingly currency agnostic. This blog […]

Emerging Markets for Oilfield Supply Centres

Emerging Markets for Oilfield Supply Centres Oil and gas exploration and production operations are constantly expanding their reach to new geographies, and this trend has led to the emergence of new markets for oilfield supply centres. As the demand for oil and gas continues to increase, there is an ever-increasing need for reliable supply chain […]

Piping Accessories in the Oil and Gas Industry

Piping Accessories in the Oil and Gas Industry Piping accessories are a critical component in the oil and gas industry, which are used in various processes, including drilling, refining, and transportation. These accessories play a vital role in maintaining the integrity of the pipeline systems and ensuring smooth operations. In this article, we will provide […]

API Standards and their Importance in the Oil & Gas Industry

API Standards and their Importance in the Oil & Gas Industry API (American Petroleum Institute) standards play a vital role in ensuring the quality, safety, and reliability of the products and services in the oil and gas industry. As an expert in the field of oilfield supply, SOSC understands the importance of adhering to API […]

How to Choose the Right Supply Centre for You?

How to Choose the Right Supply Centre for You? When it comes to sourcing oilfield equipment, choosing the right supply centre can make all the difference. With so many options available, it can be challenging to determine which one is the best fit for your needs. Here are some essential factors to consider when selecting […]

The Future of Oilfield Supply Centers: Trends and Forecasts

The Future of Oilfield Supply Centers: Trends and Forecasts The oil and gas industry has been a vital component of the global economy for decades, with oilfield supply centres serving as crucial hubs for the distribution of equipment, materials, and services to support exploration, production, and refining activities. However, recent years have seen significant changes […]

Ensuring Safety and Compliance in Oilfield Supply Centres

Ensuring Safety and Compliance in Oilfield Supply Centres As an oilfield supply centre (OSC), safety and compliance are at the core of our operations. With the complex and hazardous nature of the oil and gas industry, it is essential that OSCs take every possible precaution to protect their employees, customers, and the environment. In this […]

The Impact of Global Events on the Oilfield Supply Centres

The Impact of Global Events on the Oilfield Supply Centres Oilfield supply centres play a crucial role in the oil and gas industry by providing the necessary equipment, tools, and services for exploration, drilling, and production. However, these supply centres are heavily influenced by global events that can have significant impacts on their operations.   […]

The Role of Oilfield Supply Centers in Promoting Local Economic Development

The Role of Oilfield Supply Centers in Promoting Local Economic Development Oilfield supply centres play a vital role in promoting local economic development. According to a study by the International Association of Oil & Gas Producers (IOGP), the oil and gas industry supports over 10 million jobs worldwide. By providing equipment to the industry, oilfield […]

Understanding Oilfield Supply Chain Risks and Mitigation Strategies

Understanding Oilfield Supply Chain Risks and Mitigation Strategies As an oilfield supply centre, we understand that our industry is fraught with risks that can impact our supply chain and can lead to disruptions that can negatively affect our customers. It is, therefore, essential to proactively identify and mitigate these risks to ensure that our customers […]