We have been a leading supplier of tubular products such as Oil Country Tubular Goods (OCTG), Line Pipe, and Specialty Tubular Products to the oil and gas industry for decades. In addition to providing products, we also provide value-added services including manufacturing support and world class supply chain management services. Through our recent investments in unconventional resources, including shale gas and tight oil, we are now deeply involved in the global oil and gas industry both as a resource owner and as a service provider. We will continue to identify and capture opportunities to enhance our presence as a global participant in the oil and gas energy sector. From exploration and production through refining, transportation and delivery, our oil and gas business is focused on the future.
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the value chain for Oil and Gas
The oil and gas industry represents a value chain ranging from exploration and production of hydrocarbons through retail consumption; we are expanding our depth and scope throughout the entire value chain.
In 2009, we became the first Asian company to invest in unconventional resources in North America. Today, we are actively involved in the development of oil, natural gas, and associated liquids in the Barnett Shale, Marcellus Shale, and the Permian Basin. We are also engaged in the marketing and trading of various energy commodities in North America. By leveraging our core physical assets together with our trading and marketing capabilities, we are expanding the value chain here in North America and into new markets abroad.
We are also a world class supplier of tubular products and associated accessories to all facets of the oil and gas industry including upstream, midstream and downstream. Major global energy companies and national oil and gas companies, as well as mid- and small-size oil and gas operators, rely on our supply of tubular products to produce, transport and refine hydrocarbons. We support these activities through our alignment with major manufacturers of tubular products, our value-added services offering, and our ownership of a network of service and supply companies. We are the preeminent distributor of steel tubular products globally to the energy industry.
Our Oil & Gas Working Group was established in Houston in January 2013. We are diligently working to create unique business models/opportunities in a cross-divisional value chain approach, particularly in the Americas by leveraging our current investments, activity and network across our business units.
Through our subsidiary Pacific Summit Energy, we market and trade natural gas and energy resources to power companies for consumer use. We are exploring more downstream business options in the fuel sector, including processing and refining, as well as liquefied natural gas (LNG) delivery.
Through our subsidiary SC Global Tubular Supply (SCGTS) we provide expertise in all areas of integrated supply and services for tubular-related products.