Blockline And Associate Ltd Blog


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:

Crude Oil TankerNigeria 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.

Marine DredgesWe 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.


Wednesday, 19 August 2020

High costs, low oil prices increasing financial risks for deepwater drillers

Firms including Transocean, Seadrill and Pacific Drilling are exploring strategic options as they seek to stave off default, leaving more than $30 billion of debt at risk. The industry’s turmoil has sparked the biggest wave of restructurings since 2017, when the effects of the last oil price downturn reverberated through the industry. ...»

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