The Petroleum Industry operates worldwide & connects different countries in the world. The products of this industry are crude oil, fuel oil & petrol, diesel, and other related liquids. Petroleum is the raw material for solvents, pharmaceutical products, plastics, and fertilizers. It is also known as ‘Black Gold’.
The Petroleum Industry is also known as the Oil Industry. It includes global processes of exploration, extraction, refining, transporting, and marketing petroleum products. The Petroleum industry is divided into three major components that are upstream, midstream, and downstream. The upstream is associated with Drilling and Production operations.
Petroleum is a vital product used in many industries. Oil accounts for a major percentage of the world’s energy consumption which varies from 32% from Europe & Asia to a high of 53% in the Middle East. Central America has 44% of consumption, Africa has 41% & North America has 40%.
The top petroleum producers are the United States of America, Saudi Arabia, Russia, Canada, and China. The largest consumers of petroleum are United States, China, India, Japan, and Saudi Arabia.
The significant growth in the industry has increased the demand for translations in different languages. The translation is the most difficult in this industry. The new oil hotspots are emerging across the globe like Brazil, Mexico, Norway, and Algeria making the industry vast.
There are some laws and rules which govern ownership, contracts, and agreements for drilling & installing pipelines that must be followed while translating legal documents for the oil and gas industry. For best translation, good knowledge about the industry is very important.
The oil and gas business has been booming all over the world. It would be a big error to ignore good communication when doing business on a worldwide basis. When you’re working on projects worth a lot of money, a single translation error might cost you a lot of money. The oil and gas industry has high-risk investing opportunities.
In any sector, clear communication is crucial, but it is much more so when your company is making a heavy investment. Translations can be trusted to deliver the results you need for your translation project when there is no room for error. The Standards of the petroleum industry can be met by highly qualified professional translators with an effective quality control system.
Translation breaks down the language barrier in the industry & helps to communicate about the company globally. As the import & export of oil is increasing between the countries, translation becomes a vital part of effective communication.
Translators of documents in the petroleum industry must be familiar with the basic processes involved in the petroleum industry, such as gas and oil field mining, exploration, drilling, pipeline and booster station construction, gas processing, oil refining, gas & oil recovery, flow metering, transportation and storage, oil and gas equipment description, retail marketing.
The person who translates the document should be experienced in that field and have technical knowledge about the industry as mentioned in the above paragraph.
The most commonly used languages in the petroleum industry are Arabic, English, Russian, French, Spanish, and Dutch which means that any petroleum company must have their document translations in these languages at least.
This will increase the chances of getting deals with their clients. Getting the translations ready will help them to communicate effectively with clients without wasting time & money. The translations should be accurate which can be achieved with the right use of terms at the right place to communicate the right information to the clients.
The accurate translation of documents is critical in the petroleum industry. Language Scientific assists in communicating with all segments of the oil and gas industry on a global scale. Remember that proofreading is always required at the end for making a perfect translated document. It will rectify all the mistakes in the document.
Translations of the document are a vital part of the Petroleum Industry. It is the way of effective communication a company develops with their clients to make them their potential ones. As there has been a boom in this industry over the past few years, the demand for Translators has also increased significantly over the years.
It is a critical job and requires attention to get accurate results. Proofreading is also required again to eliminate the errors if any. As any error can lead to loss of deal and will affect the reputation of the company. The task of translation is performed by experts who have work experience in the past.
They then work on translating the business documents into different languages which will increase the chances of attracting clients and companies throughout the globe. This will make the industry grow. There has been a rise in demand for petroleum, where translation is one of the reasons.
They must have the translation in Arabic, English, Russian, French, Spanish, and Dutch languages as these countries are the main import and export hubs of petroleum in the world. So, translation in these languages will expand the business of the company and generate more profit which is beneficial for the industry.
Accuracy is the critical part of Business Translation. It should convey the same message as the source documents of the company otherwise it will create misunderstanding in the minds of the clients and customers. The Preciseness of the job is a must. The Translation should be done such that it is easily understood by the client and attracts other clients towards the business. So, they come and invest in the business.