Oil & Gas Industry Quiz (1 - 5)

Which stage involves searching and producing crude oil?

• Upstream

• Midstream

• Downstream

• Refining

Midstream activities mainly include:

• Refining crude oil

• Transporting and storing hydrocarbons

• Drilling wells

• Abandoning fields

Which downstream product is used as jet fuel?

• LPG

• Kerosene

• Diesel

• Asphalt

What is the final stage of the upstream life cycle?

• Exploration

• Production

• Abandonment

• Development

Why is LNG liquefaction necessary?

• To increase pressure

• To reduce volume

• To improve permeability

• To raise temperature

Which facility stores oil offshore before tanker transport?

• FPSO

• Refinery

• Pipeline

• LNG tanker

Which petrochemical is used to make synthetic rubber?

• Ethylene

• Propylene

• Butadiene

• Benzene

OPEC’s main role is to:

• Explore new oil fields

• Stabilize oil markets

• Refine crude oil

• Transport LNG

Malaysia’s oil revenue dependency is approximately:

• 25%

• 40%

• 57%

• 75%

Which type of company is state-owned?

• IOC

• NOC

• OPEC

• Private