Blockline and Associate Ltd are sellers of light crude oil and other petroleum products. We also sell and lease out marine equipments, construction machinery and other equipments.
We sell Crude Oil, D2, AGO and other Petroleum product such as:
Nigeria Bonny Light Crude Oil (BLCO, FLCO and ALCO, etc): We sell mostly on FOB, CIF, TTO and TTT/STS Basis.
Automotive Gas Oil (AGO) and D2: We sell mostly on CIF and TTT/STS.
Bitumen: We sell on CIF and FOB Basis
Marine Equipments/Machines:
We sell and lease all kinds of marine equipments/machines.
Well sell and lease all kinds of vessel e.g. oil tanker, cargo vessel, crew vessel etc.
We sell and lease tug-boats of all kinds.
We sell and lease barges and sea going barges.
We sell and lease dredgers, swamp-buggy, cranes of all kinds, tug-boats of all kinds bulldozers, etc.
Crushing machine of all kinds and screening plant: We sell on CIF and FOB Basis.
Steel and Metal:
We sell steel pipes and tubes of all kinds
We sell metals of all kinds.
GENERAL CONTRACTORS:
We are also into real estate, transportation, communications and more.
STAVANGER, Norway -- Statoil and Shell have been awarded the Timissit Permit license in the Illizi-Ghadames basin onshore Algeria. The license is located in southeastern Algeria and covers an area of 2,730 sq km. Statoil bid in partnership with Shell, where Statoil will be the operator with 30% equity, Shell will hold 19% equity and the remaining 51% will be held by Sonatrach.
THE HAGUE, Netherlands -- The Joint Shipping Initiative -- made up of Shell, BP, Maersk, Stena and Japanese shipping companies NYK, MOL and “K” Line -- has given $1.5 million of additional funds to a United Nations Development Program (UNDP) project to improve the lives of Somalis and security for seafarers. The UNDP’s “Alternative Livelihoods to Piracy in Puntland and Central Regions of Somalia” project aims to reduce piracy off the coast of east Africa through local economic development, job creation, training, and business development grants onshore in one of the world’s poorest countries.
Polarcus wins 3D seismic acquisition offshore West Africa HOUSTON, Texas Polarcus has signed a Letter of Intent (LOI) with an undisclosed client for a 3D marine seismic acquisition project offshore West Africa. The project, subject to the execution of a
Petroceltic wins new exploration licence in Egypt DUBLIN, Ireland Petroceltic International (Petroceltic), has reported a JV comprising Petroceltic and Edison International (Edison) was the successful bidder for the North Port Fouad block, in the Egyptian Natural Gas Holding Company 2013
Capstone Turbine increases presence in African market with offshore order CHATSWORTH, California Capstone Turbine Corporation has received an order for two C1000 microturbines for an offshore oil and gas platform in Africa. According to the International Energy Agency (IEA), Africa
VIENNA, Austria (Bloomberg) -- A reduction in OPEC crude output deepened as Libya’s biggest producing oilfield stopped pumping amid supply cuts from Saudi Arabia and potential disruptions to Nigerian exports. Libya halted the Sharara oilfield as a precaution after a rocket attack on the connected Zawiya refinery three days ago, closing down about 30% of national output. In Africa’s largest oil producer, state-owned Nigerian National Petroleum Corp. was in talks Sept. 17 to prevent a strike that threatened to disrupt exports. Saudi Arabia told the Organization of Petroleum Exporting Countries that in August it made the deepest production cut in 18 months.
Kenya sees oil resources almost doubling with more drilling DAVID MALINGHA DOYA NAIROBI, Kenya (Bloomberg) Kenya expects its estimate of oil resources to almost double to 1 Bbbl as well drilling climbs and the government forges ahead with plans to
MILAN -- Eni has made a new oil discovery in Block 15/06, in the Ochigufu exploration prospect, in deep water offshore Angola. Oghigufu is the tenth commercial oil discovery made in Block 15/06. The discovery is estimated to contain 300 MMbbl of oil in place. The Ochigufu 1 NFW well, which has led to the discovery, will be brought into production in record time. The well is located approximately 150 km off the coast and 9.8 km from the Ngoma FPSO (West Hub).
South Sudan gets $250 million from Qatar Bank as oil output cut MADING NGOR JUBA, South Sudan (Bloomberg) South Sudan is using a $250 million Qatar National Bank credit line to fund food and fuel purchases after civil war cut
Swala Energy awarded block 44 in the Republic of Zambia PERTH, Australia Swala Energy (Zambia) Limited, has been formally awarded hydrocarbon exploration rights over block 44 in the Republic of Zambia. Pursuant to the Company’s announcement on 12th May 2014
LAGOS, Nigeria (Bloomberg) -- Workers at Nigerian National Petroleum Corp., the country’s state-owned oil company, began an indefinite strike that may disrupt crude output from Africa’s top producer and affect its domestic gasoline supplies, a union official said. “We have total shutdown at NNPC offices and all their subsidiaries, and that may affect the exports,” Babatunde Oke, a Lagos-based spokesman for both a managers’ union and a blue-collar workers’ union, said by phone Sept. 16. “The refinery workers are also not working.”
ABUJA, Nigeria (Bloomberg) -- Nigeria aims to almost triple its natural gas production capacity by 2020 to help meet the West African nation’s power and industrial development needs, Oil Minister Diezani Alison-Madueke said. Africa’s biggest oil producer wants to increase capacity to 11 Bcfd, from about 4 Bcfd now, Alison-Madueke said in an interview Sept. 15 in Abuja, the capital.
Ophir Energy makes new gas discovery at Silenus East LONDON Ophir Energy Plc has reported that the Silenus East 1 well in block R, Equatorial Guinea has resulted in a new gas discovery. The Silenus East 1 well was drilled
Wentworth signs long term gas sales agreement for Mnazi bay, Msimbati gas fields Tanzania PARIS, France Maurel & Prom has reported that along with Mnazi Bay license partners Wentworth and Tanzania Petroleum Development Corporation (TPDC), it has signed a gas
Japan’s Mitsubishi acquires stake in Cote d’Ivoire block TOKYO, Japan Mitsubishi Corporation (MC) has agreed to acquire a 20% ownership interest in Block CI 103 hydrocarbon production sharing contract from US based Anadarko Petroleum Corporation. Block CI 103, which is
JUBA, South Sudan (Bloomberg) -- South Sudan plans to split an oil block awarded to Star Petroleum SA, a Luxembourg-registered company, as part of a review of a concession criticized by the country’s lawmakers, Petroleum Minister Stephen Dhieu Dau said. Block E, which covers 45,000 sq km (17,375 sq miles), will be divided into two, Dau said in an interview on Sept. 9 in the capital, Juba.
CGG bags $80 mn seismic acquisition contracts for Asia Pacific, West Africa PARIS, France CGG has been awarded contracts for the 3D seismic acquisition of four major surveys using its BroadSeisTM with BroadSourceTM, marine broadband technology. The four surveys represent
DNO granted 2 yr extension in Somaliland production sharing deal OSLO, Norway DNO ASA, reported that it has been granted a two year extension of the term of its production sharing agreement for Block SL18 in Somaliland. The first exploration
ACCRA, Ghana (Bloomberg) -- Ghana will double crude production by 2017 as offshore deposits being developed by Tullow Oil Plc and Eni SpA start producing oil, Minister of Energy Emmanuel Armah-Kofi Buah said. Tullow’s TEN development will produce about 80,000 bpd by then, the minister said by phone Sept. 5. Eni’s Sankofa Gye-Nyame deposit will pump 50,000 bbl, he said. Production at Ghana’s Jubilee field will rise to 120,000 bbl from 110,000 today.
Global Petroleum extends exploration licence off Namibia BRISBANE, Australia Global Petroleum Limited presently reported that its wholly owned subsidiary, Jupiter Petroleum (Namibia) Limited (Jupiter), has agreed with the Namibian Ministry of Mines and Energy (MME) a 12 month extension of
Dolphin starts 3D seismic survey offshore Senegal OSLO, Norway Dolphin Geophysical reported that they have formally been awarded the acquisition and processing of a 7,000 sq.km. SHarp Broadband 3D survey offshore Senegal by Kosmos Energy. The Dolphin high capacity 3D
Statoil hit by dry wells off Angola, US Gulf of Mexico STAVANGER, Norway Statoil has completed the Martin well in US Gulf of Mexico and the Dilolo well in the Kwanza basin in Angola. US Gulf of Mexico Statoil reported
CAMAC Energy awards contracts for seismic surveys at Kenya blocks L1B, L16 HOUSTON, Texas CAMAC Energy Inc. reported that its wholly owned subsidiary, CAMAC Energy Kenya Limited, has awarded seismic contracts for the acquisition of 2D seismic surveys on Block
BENGHAZI (Bloomberg) -- The group that controls Libya’s largest oil port pledged to work with the government to keep crude flowing to international markets and defend oilfields against any advance by Islamist militias that seized Tripoli, the country’s capital.
HOUSTON -- Atwood Oceanics has announced the delivery of the Atwood Achiever from the Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) shipyard in South Korea. The Atwood Achiever has commenced the mobilization phase of its drilling services contract with Kosmos Energy and is expected to arrive in northwest Africa in early December to conduct a three-year exploration drilling program.
Bourbon faces Ebola damage in Nigeria amid loss in first half TARA PATEL PARIS, France (Bloomberg) Bourbon SA, which runs supply and crew ships for the offshore energy industry, swung to a first half loss and said its operations in
MOSCOW (Bloomberg) -- OAO Lukoil, Russia’s second-largest oil producer, has made a discovery at Ghana’s offshore Cape Three points project, according to a person with direct knowledge of the development.
Vaalco Energy provides update on offshore Gabon operations HOUSTON, Texas Vaalco Energy, Inc. provided an update on recent activities offshore Gabon. Production from the Etame Marin block has resumed after the successful completion of previously reported maintenance work on the
BG Egypt enhances gas infrastructure to bring new wells on at West Delta Deep Marine concession CAIRO, Egypt BG Egypt is enhancing the country’s gas infrastructure with an upgraded well control system enabling it to bring new wells on in
