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The oil and gas industry is one of the most revenue-generating industries in the world. In fact, according to a report by Research and Markets, the global oil & gas industry collected revenue of $1,977,380.6m in 2017. However, the oil and gas industry is also among the most capital-intensive industries in the world. Operations taking place throughout the oil and gas industry incur huge capital investment. A huge chunk of this investment goes into the supply chain and procurement arm of oil and gas companies. Oil and gas directories were essentially developed in the ’00s to help reduce the time and cost involved within this ecosystem. This whole concept then readily went online, giving the oil and gas companies the ability to use it through their desktops, laptops or mobile phones.

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