Assessing the value of partnerships

摘要

The American Petroleum Institute (API) is the US petroleum industry's primary trade association. Its membership of approximately 400 companies covers all aspects of the oil and natural gas industry, including exploration, production, transportation, refining, and marketing. The development of consensus standards is one of API's oldest and most successful programmes. Beginning with its first standards in 1924, API now maintains some 500 standards covering all segments of the oil and gas industry. In order to achieve formal recognition for the API standards that are already used globally, and to expand the application of existing standards traditionally written with the US industry in mind, the API standards programme includes active involvement in the development of ISO standards suitable for use by a global industry through the two main oil and gas committees, ISO/TC 28, Petroleum products and lubricants, and ISO/TC 67, Materials, equipment, and offshore structures for the petroleum, petrochemical, and natural gas industries.