Developing Engineering Entrepreneurship for Maximizing Opportunities in the Midstream & Downstream Industries of Petroleum Sector

Abstract The connection between engineering and entrepreneurship may seem minimal or inexistent, but that would be only to a linear observer, or someone interested only in the spellings of both professions. Any practical observer and market eyewitness, academic or professional, would admit that the differences, in terms of stages and outcomes, between engineering and entrepreneurship are inconsequential. What engineers deal with in infrastructures, physical and technological projects, they are very similar to activities that entrepreneurs undertake in businesses, market, and economies. Ultimately, they like many other professional works, both contribute to the socio-economic development of societies through their abilities to provide solution to problems or inventions for markets. This initial desk research bothers on the development of engineering professionals into business developers and managers, who can identify economic opportunities within the activities and problems that exist in the midstream and downstream industries of the petroleum sector. Fortunately, learning is a universal concept by which all mammals can advance their skills and abilities through the intake of information, repetition of actions and formation of habits through interactions with one another despite their diversity. Learning provides a very reliable opportunity for physical, mental, economic, and social growth for development to occur in individuals, their organisations, and the larger human societies.