Why start a Company Oil and Gas? - Best Oil & Gas Business Ideas and Opportunities
The amount of money needed in investment in the oil and gas industry is not the kind of money that can be easily raised. It requires a lot of money to become a major player in the oil and gas industry because that's as an accredited investor, you should consider investing in this industry if you do not have a portfolio of investments in this industry. You can invest in exploration and production of oil, liquid oil and gas services. The return on investment in this industry seems to be one of the highest compared with other industries.
As long as there is a gas turbine-powered around us, natural gas will not cease to be one of the main commodities needed for industrialization all over the world and investors in the industry, whether direct investor or investors indirectly, will continues. to generate huge profits from their investments.
You can choose from a registered channel where you can start to invest in oil and gas fields. Whatever choice you make will definitely benefit You regardless of the volatile nature of the oil and gas sector.
Here are 50 business ideas are sought after by investors or prospective employers who are interested in starting a business.
50 Best Oil & Gas Business Ideas and Opportunities
Go to the Filling Station Business
If you want to start a business in the oil and gas industry, one of your options is to open gas stations. Filling station business is very profitable and growing-especially if you have a chain of GAS STATIONS that are prone to traffic. A fueling station is a place where the spirit of motor premium, diesel, cooking gas and kerosene sold in retail.
If you are successful in securing a place in a location that is prone to vehicular traffic, then you should consider a business to start the pumps. Please note that you will be required to apply for and obtain a business license and a business license from the authorities before you can successfully build a gas station in any area you choose.
Go to Retail Gas Cooking
Retailing of gas cooking and undeveloped oil and gas business which benefit that employers are looking towards starting a business should consider to start. This type of business in those States where gas is not supplied to the apartment via a pipe system structure. You need to start a business of this type is the store located in the housing, gas tube and gas supply directly from the gas plant.
Retail gas cooking is one of the oil and gas business ideas that you can start with a small initial capital. Also, be aware that you need to do your research. This is that you can be armed with a wealth of information about the business that you want to investigate.
Start oil and gas serving the company
If you are looking to start a business in an oil and gas industry, a profitable and growing business and that requires technical skills, then one option is to start the oil and gas servicing company. Major oil companies around the world such as Mobil, Shell, Agip, Chevron and Texaco, among others, rely on oil serving companies such as Halliburton, Schlumberger, and Transocean et al, for maintenance and employment services.
Building oil and gas servicing companies demands both skilled labor and capital, but if you are well positioned and you know how to market your service you will surely get a great return on your investment. The oil and gas serving the company is indeed a profitable business venture to get into if you have the capacity.
Offering legal services in Oil and Gas Industry
There are lawyers specializing in oil and gas; they are referred to as oil and gas lawyers. So, as a lawyer, if you are looking to earn money from the business value chain of the oil and gas industry, then one of the best options is to specialize in oil and gas law to offer legal services in the oil and gas industry.
This is one of the growing and profitable businesses in the oil and gas industry that is reserved exclusively for lawyers. First of all, this means that you have to be experienced in the industry, and one way to be great is to be educated.
Shipping companies are starting crude
If you are conversant with the oil and gas industry, you will know that it is safe and economical to transport crude oil from oil fields to refineries especially if the locations are far apart. So, if you are a big time investor and you are looking for direction of having a business portfolio in oil and gas industry, then one option is to start crude oil shipping company. Certainly the type of business capital but the truth remains that it is a money spinning business.
Before you become a player in this industry, you will need to obtain the necessary licenses and permits from the necessary authorities before you can be allowed to start lifting crude oil. It is an industry that is regulated for the activities of pirates and Bunker crude oil.
Starting a petroleum product transportation company
Another thriving and profitable business venture in the oil and gas industry that aspiring entrepreneurs who are looking to invest in the industry should consider starting is to start a petroleum product transport company. Oil transport companies are involved in transporting petroleum products such as premium motor springs (gasoline / fuel), kerosene and diesel from refineries, harbors and oil tank farms et al to various filling stations spread across the country.
All you need to get this type of business start is an oil tanker fleet, tanker driver, required permit and business license et al. No doubt this type of business is big capital, but also very profitable.
Start your own personal oil refinery
There are countries where private companies and individuals are licensed to operate their own private law refineries. So if you live in any country where it's legal to have a private refinery, then you should consider opening your own personal oil refinery. It is a capital business but at the same time it is very profitable. Once you feel capable of securing your license to lift crude oil, then you will be on your way to making a mega dollar. As a matter of fact, this type of business is provided for big-time investors because money and politics are involved securing permits to run a private oil refinery.
Starts construction of refinery (building) and service company
Another very technical and profitable business that an engineer who is interested in starting a business in the oil and gas industry should consider starting is a construction refinery (building) and service company. It is one thing to secure a license to operate your own personal oil refinery it is another thing for you to have a refinery in place. This is the construction work of the refinery (building) and serves the company to design, build and service the refinery.
This type of business is highly developed in countries where individuals and private companies are allowed to have their own private refineries. You need a variety of professionals, especially engineers and architects to start this type of business.
Start The Cleaning Company Oil Spill
In Texas, the United States, in Rivers State, Nigeria and in other countries in the world where oil was drilled in deep sea, there is the possibility of oil spills so that the need for professional oil spill cleaning service. So, if you are looking to start a business value chain oil and gas industry, then one of your options is to start a company oil spill cleanup. This kind of business requires the highest level of professionalism with the reverence due to the risk involved in housekeeping. No doubt if you could secure only one oil spill cleanup contract, you are definitely making a profit in the range of millions of dollars.
Start oil and Gas Consulting and Advisory Services
There is no limit to the services offered by consultants. As a matter of fact, there is a consultant in all industries ranging from finance to medicals. If you have strong experience in the oil and gas industry and you have qualified and professional certification that is required to support your experience, then one of the ways that you can earn money from a business in the industry value chain oil and gas is starting a consulting services and consulting in oil and gas.
This is a growing business ventures and beneficial especially if you are a known figure in the oil and gas industry. However, you need to have some training and education before starting this type of business.
Start the TV Program oil and Gas
Other business ideas that are profitable and thriving in the oil and gas industry that an entrepreneur who intends to start a business in this industry should consider to start to start a TV show related oil and gas. One thing is for sure, if a TV show You a well-organized and packed properly to address the main issues relating to the oil and gas industry, then you will definitely attract the attention of a large audience and of course the sponsorship deals delicious from the major players in the field of oil and gas. gas industry in your country it is a cool way to make money, but you should always be your feet while developing engaging content for TV shows.
Launch Event Talk Radio Oil and Gas
Of course it is more expensive to buy a slot on TV than radio. So, if you want to start a talk show related oil and gas and you do not have the money to buy airtime on TV, then entered radio is your best choice. The truth is, if your radio talk show a well-organized and packed properly to address the main issues in the oil and gas industry, you will surely attract a large audience and of course delicious sponsorship deals from major players in the oil and gas industry in your country.
This is a cool way to make money, but you should always be your feet while developing engaging content for radio talk show. So you can run a business of this type successfully, You should look for a high level of sponsorship.
Start Blogging about related issues oil and Gas
Other business that is easy to start a business in the oil and gas value chain is to start blogging about oil & gas related issues. Interesting to note that there are many people out there that generate millions of dollars every year of blogging. If you are a professional oil and gas or someone who has knowledge of the oil and gas industry, one of the businesses that you can consider to get started is to start blogging about topics related to oil and gas.
The truth is if your blog has content which is beneficial and useful, you will attract a lot of traffic and if you have a lot of traffic on your blog, you can easily secure a great advertising deals from stakeholders and other businesses in your blog. Make sure you update your blog on a regular basis and you will continue to attract traffic.
Go to the Publication oil and Gas Magazine
There are several businesses that could launch businessmen in the value chain oil and gas industry and one of them is to start oil and gas magazine. Information is key in any industry and all you need to do to be able to use it with this kind of business is making sure your content is relevant in your magazine per time.
Part of the information that you must provide in the oil and gas magazine is a variety of business opportunities in the oil and gas industry, the latest trends, news and information related to industry, and consulting services to investors who look to the direction invest in the oil and gas industry.
Started a lubricant production company
Another very profitable and growing business in the oil and gas value chain business that an entrepreneur looking to start a business should consider starting is a lubricant production company. There is a huge market for lubricants and this is a business that is open to entrepreneurs who are ready to compete in the industry. So if you are serious about making money from the oil and gas industry, then you should consider starting a lubricant production business.
There is a wide range of products that you can generate under this business. Just make sure that you come with the products with good quality and Packaging; which is part of the strategy you should adopt if you intend to penetrate the market.
Start your own Gas factory that serves the company
If you are an accredited investor or even a non-accredited investor, you can arrange a group of friends who have the financial muscle to join you in starting a Gas factory serving the company. The largest companies involved in natural gas exploration and production typically contract some work that they perceive as not core of their operations to serve the company. If the gas serves the company is a good position, you can get contracts from these companies.
No doubt it may cost a lot of money to get the necessary license to create your own Gas serving company, but be assured that there will always be demand for your services and your investment will be worth while even if it will take some time.
Invest in Gas pipelines
The other option you have in investing in oil and gas industry is to become a supplier of pipes used to transport oil and gas or even establish a company that is into the production of oil and natural gas pipelines. The whole point of investing in the oil and gas industry is to plug into every part of the process and create your own profit sharing.
Starting this type of trading is no kids game at all, as you will need a huge amount of money to get started. However, if you are able to raise the capital involved, in no time, you will enter the market and break even.
Natural gas market
You can apply for permission to become an accredited natural gas independent marketer. Over time, natural gas marketers have become an important component in the industry because of the role they play between natural gas producers and the markets available for natural gas. They can serve as middle men between direct producers and end users or between manufacturers and retailers or other distribution companies. One good thing about natural gas marketing is that prices are not regulated as they once were, the real price is determined by available market forces such as demand and supply.
Just make sure you know all the options available to you as a natural gas marketer so you can choose your niche; You can choose to start as a large integrated national marketer, broker, producer marketer, aggregator or a small geographically focused marketer. Choice is yours.
Invest in the oil and gas industry through stocks
Another way to earn money from the oil and gas industry is to invest in oil and gas-related stocks. Investing in shares of companies involved in either exploration or production of oil or natural gas is a way to enter the oil and gas industry. Although the stock of companies in the oil and gas industry is relatively high and always in high demand.
If you have a good stock broker, you can be able to buy stocks at this affordable price when they are available for sale.
Invest via A Exchange Funds
If you are an accredited investor, it is easier to get into investment in natural gas through A Exchange Funds. All you need to do is to discuss with your personal Fund Manager and he will be able to help you get your investment portfolio in this sector through the equities traded. It is important to note that the investment Via A Exchange Funds take a longer time before expiration of your investment than when investing in shares/stocks.
Invest Via Natural Gas Future
Another way to make good money from the value chain oil and gas business is investing through the future of natural gas. Statistics show that natural gas is one of the highest volume futures contract sold in the world. You can actually buy a futures contract for natural gas from your country's Mercantile Exchange. Many people jostling for this contract because it has the potential for a high return on investment. You may also want to follow suit.
Start A Business Supply Diesel
If you want to have a portfolio of businesses in the oil and gas industry that is profitable and you don't have all the money it takes to be a major player in this industry, then you should consider starting Your diesel supply business on its own. The supply of diesel is one of the easiest and cheapest way to own a thriving business in the oil and gas sector. One good thing about diesel supply business is you can start a business from your home because the business involves going there to be marketed to clients and also buy diesel from a source and supply direct to your clients.
Shop Lubricants The Lubricating Oil
Sales of Engine Oil, Break Fluid and Hydraulic Oil , is a profitable business and is highly developed, a businessman who is interested in making money from the business value chain of oil and gas have to be considered. The fact that the owner of the vehicle are wearing their vehicles for servicing periodically create a market for the product's lubricating oil. More recently, there was an increase in the production of lubricating oil sector because this is one of the businesses that you can log in easily to generate great benefits.
Various needs of lubricating oil at home, factory and industrial organization, could not be overemphasized because it populations that have mechanical needs for these oils continued to increase over the years. So, for you to get started in this trade, ask a good feasibility study.
The supply of aviation fuel
Other business ventures that are prosperous and profitable entrepreneurs who want to start a business in the oil and gas industry should consider starting is the aviation fuel supply. The supply of flight is not a common type of business, the fact remains the only people smiling to the bank every day as a result of being in the business of aviation fuel supply.
This means that you will be supplied with a variety of saddle airlines with aviation fuel is priced very competitively. It is also important that you do thorough research and thorough so as to achieve the best deal for your clients.
Go to the sales of Petroleum Tankers
Petroleum tanker sales is another business venture is a growing and profitable so that investors are looking for investments in the oil and gas industry should consider to start. Although there are a few oil tankers on the road, but that does not mean there is no oil tanker market. Part of what you need to do to start a business of this type was negotiated with the car company that became a petroleum tanker manufacturing so you could be their traders.
Care and Maintenance Company began Petroleum Tanker
Other business ventures is a growing and profitable that an engineer who sought money from the oil and gas value chain should consider starting a business servicing and maintenance of ship oil. The truth is, all of the oil tanker that you see on the road are all require routine maintenance. So if your company has a good position and you know how to establish the network, you will get quite a lot of deals that will get you the advantage.
Start Petroleum Farming tank service and maintenance company
Business service and maintenance of petroleum cattle tanks is another growing and profitable business venture that an entrepreneur looking to start a business in the oil and gas industry should consider starting. As there is always a need for rotation of refinery service and maintenance, it is not always necessary for the velocity of service and maintenance of oil tank farms.
So if you have the necessary background and experience, then you should consider going into the service and maintenance of the oil tank farm. You may consider meeting with experts and those already in the field so you can know all businesses require.
Invest in oil tank farms
An oil tank farm is where gasoline tankers come to buy fuel; this is a Petroleum wholesale business. So if you are looking for a growing and profitable business to start in the oil and gas industry, then one option is to have an oil tank farm. This type of business is capital, but at the same time it is a profitable business venture and you are sure to earn huge return on investment.
Start manufacturing Gas cylinder cooking
Another profitable and growing oil and gas related business that an entrepreneur looking towards investment in the industry should consider to start is to go into the manufacture of cooking gas cylinders. There is indeed a huge market for cooking gas cylinders. As a matter of fact, households no longer rely on just one cylinder; they would rather have one or more backups.
This is indeed the type of venture capital. It also requires a lot of expertise to be able to stay afloat in this type of business.
Started construction of gas station / building company
Other businesses are profitable in the oil and gas value chain business that entrepreneurs should consider starting filling the company's construction / building station. It is important to state that you can only successfully start a business type only if you have training, experience and technical expertise. The fact that investors are investing in gas station business means there will always be a market for engineers who are building SPBU.
Go to the retail and supply of pumping machines
If you have visited a gas station / filling station, you will see that the retail means of fuel, diesel, gas and kerosene et al is through a well calibrated pumping machine. This shows that there is a market for pumping machines. So if you are looking for a tool if earning money on oil and gas business network value, then one option is to go to retail and supply pumping machines.
Just make sure that you market your product to a charging station construction company and also to a charging station. This is because having a solid marketing strategy will do your business all over the world good.
Start pumping machine manufacturing company
Another thriving and profitable oil and gas related business that an entrepreneur interested in starting a business in the industry should consider starting is starting manufacturing pumping machines. There is no doubt that there is a huge market for pumping machines just because the main equipment is required in fuel outages at the pump.
Build and sale customized oil and gas application software
Developing and selling oil and gas software applications is another cool way to make money from the business value chain in the industry. If you are a software developer, then you should consider developing customized software applications for the oil and gas industry, software applications that will help simplify the processes in the industry. You can also work with your clients to develop customized software applications that fit perfectly into their business.
In marketing your product you will have to go out of your way to convince the stakeholders in the oil and gas industry to patronize you. Be sure to also assemble the best of the people who will get your team and drive your business to a higher level.
Start The Fuel Supply Business Offshore
Business providing food offshore is another lucrative business and value chain developed in the oil and gas industry which can be launched by an entrepreneur. People who work in the oil and gas platforms off the coast rely on the supply of food to get their groceries. Thus, if you are looking for a profit of the oil and gas value chain is Earth, then one of your options is to start business supplies food ingredients off the coast.
You need to go all out to market your business to the stakeholders in the industry who need your services. One way to arrive at a list of people who need your services is to attract the who's your target market.
Start Service Canteen Offshore
Certainly people working offshore also eat there. As a matter of fact, it is a practice for the workers who work in the oil and gas offshore platform to stay there for two weeks or more. So, if you want to utilize the value chain business in the oil and gas industry, then one of your options is to get started and enjoy the canteen service abroad. Although some oil and gas companies prefer hiring chefs and kitchen/household employees of their own, but some oil and gas companies prefer to outsource the management of their canteen to catering.
Start A Cleansing Services Company Offshore
Another way to get money from the value chain business in the oil and gas industry is starting a business cleaning services offshore; a business that specializes in cleaning off the coast. This is a great way to earn money which is nice especially if you can get one or more of the cleansing contracts from oil and gas companies in your state. So, if you are interested in starting a business in the oil and gas industry, then one of your options is to start a cleaning service companies offshore.
Start A Laundry Service Offshore
Another way to make cool cash from the value chain business in the oil and gas industry is starting a business laundry services offshore. There are many opportunities available to those interested in working at the offshore platform. You have to be willing to go all out to market your services to the stakeholders in the oil and gas industry.
Offer Transport Helicopters for the oil and Gas Industry
One of the main ways to transport offshore workers to and from oil rigs and platforms off the coast is via helicopter/rotorcraft. If you are a large investor and you are looking for investments in the oil and gas industry, then one of your options is to offer transport helicopters. This is a means to generate cash in the cool of the value chain business in the oil and gas industry.
Although, this kind of business is very capital-intensive because Beach gained a helicopter/helicopters and also the cost to maintain them, too, but that doesn't mean that this isn't a profitable business venture.
Start oil and Gas Exploration and drilling company
The oil and gas business is another very beneficial interest by investors who are interested in this industry is the company's exploration and drilling for oil and natural gas. The company's exploration and drilling of oil and gas are responsible for helping countries and oil companies explore and drill oil so they can find oil wells. So, if you have skills and exposure to start and manage oil and gas exploration then by all means, please start.
Make sure you are in the right position to attract exploration and contract drilling oil and gas both from Governments and oil companies. The right position to attract the right market is one of the things that should be on the front burner of your plans.
Start Pipe Laying and Maintenance Company
Installation and maintenance of the pipeline is another business thriving and lucrative oil and gas industry. The pipeline is one of the primary means for transporting petroleum and gas products from one location to another. Actually a petroleum product can be transported to several hundred and even thousands of kilometers from the refinery at one location to another location in the depot. This shows that there is a very large market for those who use pipe laying and maintenance. So if you are looking to start a business in the oil and gas industry, then one of your options is to start a company laying and maintenance of pip.
Started kerosene retail
Other easy businesses that require low-capital start-up are aspiring entrepreneurs who are looking to start a business in the oil and gas industry to start kerosene retailing. Unlike gasoline that is highly flammable, it is safe for kerosene because it is not as highly flammable as gasoline. So, if you're looking for a direction of owning a small business in the oil and gas industry, then one option is to start a kerosene retail.
All you need to do to start this type of business is the supply of kerosene, drums and measuring containers et al. This type of business is suitable for locations where residents use more than kerosene stoves than gas stoves.
Go to manufacture and supply barrels (drums)
Manufacturing and supply of barrels is another very lucrative and growing business venture that investors who are looking to start a business in the oil and gas industry should consider starting. Barrels are the containers / drums used to measure crude oil then there is a huge market for it. So if you are looking for a business to start in the oil and gas industry, then one option is to go to the manufacturing and supply of barrels (drums). Of your potential clients are oil companies dealing with crude oil.
Start health and safety training for oil and gas workers
Another growing and profitable business in the value chain of the oil and gas industry that entrepreneurs are interested in starting a business in the industry should consider starting is health and safety training for oil and gas workers. If you have the necessary background (experience and qualifications) to train on health and safety, then you should consider starting an organization that trains oil and gas workforce.
As a matter of fact, health and safety are taken seriously in the oil and gas industry simply because of the risks and hazards that workers in the industry are imposed on the offer of carrying out their work.
Manufacturing and sales of Oil and Gas Machinery and equipment
Manufacturing and sales of oil and gas machinery and equipment is another undeveloped and profitable oil and gas related business that investors looking to start a business in the industry should be considered. Equipment Drilling and oil exploration, pumping machine, Casing and pipe stacking and handling equipment, pumps, Mud, oil and gas rigs, gauges and meters, Valve, actuators, regulators, cranes and lifting equipment, hazardous area electrical equipment and some equipment and another machine being marketed.
So, if you are looking for a business to start in the oil and gas industry, then one option is to go into manufacturing and selling of oil and gas machinery and equipment.
Start recruitment agency specializing in recruiting manpower for oil and gas industry
Another way to earn money from the business value chain of the oil and gas industry is to start a recruitment agency specializing in recruiting personnel for the oil and gas industry. Although other recruitment agencies can also recruit workers for the oil and gas industry, but if you know to be a specialist in recruiting workers for the oil and gas industry, then you will most likely be the number one choice for oil and gas companies that are sources for workers and also applicants who are looking for jobs in the oil and gas industry.
Start Oil and Gas University or training institute
Education and training is the key to the industry which is why you can find specialized Universities like Oil and Gas Universities, Marine Universities and film and art college et al. So if you are looking towards starting a business in the value chain of oil and gas industry, then one option is to start a special oil and gas university or training institute. This type of business requires proper planning and accreditation from the authorities before you can successfully start it.
You can also gain support from large oil and gas companies if you approach them and give them a reason to see how your University can benefit them. In making this dream fruitful, it becomes very important that you have like-minded people on your team, so they can help you carry out your dreams.
Welding Services for companies providing oil and Gas
Other businesses that are profitable and thriving in the oil and gas industry entrepreneurs who want to start a business in the industry can successfully start after obtaining the required training is offering services welding. Welding services is one of the services that are needed in the oil and gas industry. Welder in the oil and gas industry are highly trained to provide precision welding jobs. So, if you are looking for a business to start oil and gas industry, then one of your options is to provide services for welding of oil and gas companies.
Start the business Security of petroleum and Gas Pipe
Petroleum and gas security efforts is another business venture is a growing and profitable so that entrepreneurs who want to start a business in the oil and gas industry should consider to start. The truth is that oil and gas pipe can be marred by bunker oil if the pipelines is not secured by security experts.
So, if you have the required security background and you want to start a business in the oil and gas industry, then one of your options is to start the business security of gas and petroleum. You may have to employ local people in the community where gas pipelines and petroleum through it; cheaper and more expedient to engage some of them in Your work force.
Start A Business Lubricant Crude Oil
If you are looking for the oil and gas business that needs a little starting capital with a large enough refund to start, then one of your best option is to start a brokerage business of crude oil. Crude oil brokers simply involves Scouting for buyers and end users of raw oil products on behalf of one or more of the major independent oil products marketer that you've created with the sales contract. (Call it version offline affiliate marketing and you would be correct).
Crude oil broking very profitable, as it offers a high earning potential and fast. In fact, this is the best chance for the initial wealth builders to begin marketing petroleum products business without capital investment.
Start Refining Petrochemical Factory
The last of the other business entrepreneurs are viewed in the direction of getting money out of the business value chain oil and gas industry should consider to start refining petrochemical factory is. There are a lot of byproducts from refining of crude oil which is very valuable. Petrochemicals such as Ethylene, ammonia, Benzene, Toluene, et al are used for a variety of purposes so there is a huge market for petrochemical products.
For this reason, if you are looking for a business to start oil and gas industry, then one of your options is to open the petrochemical refining plant.
In short, it's good you know that those who have been in the oil and gas industry, and do so with the beautiful, we must hang on to the stage of growth of teeth so they could reap a lot more over the current year. You can also join a host of entrepreneurs of gas and oil, only if you have a heart.